Mortgage Loan Originator
About The Position
Develop and originate residential mortgage loan business through member referrals, business development activities, community involvement, and strategic referral partnerships. Consult and counsel with members to evaluate financing needs, recommend appropriate mortgage solutions, guide borrowers through the mortgage process, and deliver an exceptional member experience while ensuring compliance with applicable regulatory and secondary market requirements. This position is eligible for remote work. The role originates and submits loans for processing and decision within established timelines and communicates loan dispositions to members. It develops referral relationships and represents the Credit Union at networking events, educational seminars, homebuyer workshops, and community outreach activities. The position also evaluates loans for secondary mortgage requirements, cross-sells credit union services, stays informed about mortgage lending trends and market factors, and performs other related duties as assigned. The employee must comply with regulations affecting the credit union industry, including OFAC and the Bank Secrecy Act. Registration on the Nationwide Mortgage Licensing System (NMLS) and registry is a condition of employment, and registration must be maintained and renewed. Work is generally performed indoors in an office environment, with periodic travel to similar sites; remote work is eligible. The role involves regular sitting, hand use, and speaking or hearing, and occasional standing, walking, reaching, stooping or kneeling, and lifting or moving up to 20 pounds.
Requirements
- Three to five years of similar or related experience.
- One of the following education or training pathways: a two-year college degree; completion of a specialized certification or licensing; completion of specialized vendor training courses; or job-specific skills acquired through an apprenticeship program.
- Must be registered on the Nationwide Mortgage Licensing System (NMLS) and registry as a condition of employment, and maintain and renew the registration.
- Knowledge of the secondary market and experience with first and second mortgage residential real estate lending.
- Good communication skills.
- Ability to use and operate a keyboard, computer or laptop, calculator, copier/scanner, and telephone.
- Ability to read and understand financial statements, contracts, applications, computer printouts, manuals, and related materials.
- Proficiency in mortgage loan origination systems (LOS), CRM platforms, Microsoft 365 applications, video conferencing technology, electronic signature platforms, and digital document management systems.
- Ability to perform the stated physical functions, including occasionally lifting or moving up to 20 pounds, with reasonable accommodations as applicable.
Responsibilities
- Originate and submit mortgage loans for processing and decision within established timelines, and communicate the disposition to members.
- Develop and maintain referral relationships with real estate professionals, builders, financial advisors, attorneys, employers, and community organizations to generate mortgage lending opportunities.
- Represent the Credit Union at networking events, educational seminars, homebuyer workshops, and community outreach activities.
- Evaluate mortgage loan acceptability to ensure loans meet secondary mortgage requirements.
- Cross-sell other credit union services.
- Keep informed of current trends in mortgage lending and market factors affecting mortgage lending.
- Perform other related duties as assigned.
- Comply with government and other regulations affecting the credit union industry, including OFAC and the Bank Secrecy Act.
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What This Job Offers
Job Type
Full-time
Education Level
Associate degree
