Mortgage Loan Originator - Northern California

Fifth Third Bank • Virtual - California, CA

7d • Remote

About The Position

The Mortgage Loan Originator performs a wide range of duties relating to the origination of residential first mortgage loans from outside referrals. The role is responsible for the mortgage loan from application through closing, meets management-defined mortgage sales and cross-selling objectives, and provides timely communication and service to applicants and branches.

The position also carries responsibility for managing risk in accordance with the bank’s policies and risk appetite, raising concerns, following procedures, and supporting positive customer and colleague experiences. The role is virtual in California.

Requirements

• High school diploma or equivalent.
• Knowledge of conventional and/or government lending guidelines.
• Knowledge of residential mortgage processing, underwriting, and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Demonstrated organizational skills.
• Strong written and verbal communication skills.
• Demonstrated teamwork and customer service skills.
• Proven computer skills.
• Basic sales technique skills.
• Strong desire to excel in a competitive environment.
• S.A.F.E. Act registration through the Nationwide Mortgage Licensing System (NMLS) at the time of employment.

Nice To Haves

• Four-year college degree.

Responsibilities

• Develop referral contacts, including realtors, builders, and professional and personal contacts.
• Maintain knowledge of Fifth Third Mortgage Company policies and procedures, available loan products, processing procedures, underwriting guidelines, and departmental guidelines.
• Follow defined protocols for escalating exceptions.
• Take applicant applications by completing Fannie Mae Form 1003 on a laptop.
• Use a laptop to communicate, access daily rates and applicant credit reports, review Loan Prospector responses, and transmit loans to LOMAS.
• Collect appropriate documentation from applicants and deliver loan packages within management-defined time frames.
• Manage the pipeline of originated loans through closing and complete required management reports.
• Provide branches and applicants with timely updates and progress reports.
• Maintain high levels of customer service while managing applicants’ and support staff’s expectations.
• Attend and participate in Consumer Lending meetings as required by management.
• Meet management-defined mortgage loan sales and cross-selling objectives.
• Identify, assess, manage, monitor, and report risks; raise concerns and follow applicable policies and procedures.

Benefits

• Comprehensive benefits programs designed to support employees’ and their families’ physical, financial, emotional, and social well-being.
• Differentiated compensation offerings, including incentive compensation combined with either a base salary or a draw; incentive compensation is based on company, line-of-business, and/or individual performance.

What This Job Offers

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