Mortgage Loan Originator

U.S. Bank • Fort Lauderdale, FL

5d

About The Position

Originates mortgage loans in an assigned market. Takes applications and submits loan applications to processing and underwriting for approval. Follows up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources. Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations, and are expected to spend at least 50% of their time conducting these activities away from U.S. Bank locations.

Requirements

• NMLS registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z, with ongoing compliance with applicable legal and regulatory registration requirements, including maintaining a satisfactory criminal and credit record.
• High school diploma or equivalent.
• Two or more years of mortgage, sales, real estate, or banking experience.
• Ability to travel.

Nice To Haves

• Thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
• Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors, gained through on-the-job training or real estate brokerage experience.
• Familiarity with local, state, and national laws, including zoning ordinances, Truth-in-Lending, RESPA, and energy audit requirements.
• Excellent communication skills and ability to analyze financial information.
• Sales orientation and well-developed sales ability.
• Ability to work independently.
• Established referral base within the assigned market.
• Two or more years of proven success in mortgage loan origination, consistently meeting or exceeding production goals.

Responsibilities

• Originate mortgage loans in an assigned market.
• Take mortgage loan applications and submit them to processing and underwriting for approval.
• Follow up to obtain documents required for processing, underwriting, and closing in a timely manner.
• Make and solicit loan sales and conduct sales-related activities away from U.S. Bank locations; spend at least 50% of work time on these activities away from U.S. Bank locations.

Benefits

• Healthcare (medical, dental, and vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (two to five weeks depending on salary grade and tenure)
• Up to 11 paid holidays
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law
• Incentive and recognition programs
• Equity stock purchase
• Pension

What This Job Offers

• Job Type: Full-time
• Education Level: High school or GED