Mortgage Loan Originator

AMERICAN BANK AND TRUST • Rock Island, IL

14d • $23 - $23

About The Position

The Mortgage Loan Originator is responsible for originating retail mortgage loans in accordance with all applicable laws and regulations and maintaining complete knowledge of the mortgage programs and investor requirements while working to expand the Bank’s referral resources.

Requirements

• Excellent verbal and written communication and interpersonal skills.
• Ability to perform general financial computations.
• Working knowledge of basic underwriting for residential mortgages.
• Ability to perform basic mortgage calculations.
• Ability to maintain a high level of confidentiality when handling sensitive information.
• High school diploma or recognized equivalent required.
• 2+ years of experience in retail mortgage origination required.
• NMLS required.
• Ability to operate general office equipment.
• Advanced knowledge of Microsoft Office products.

Nice To Haves

• Associate's degree or higher in business or finance preferred.

Responsibilities

• Manage all steps of the mortgage process, from accepting applications to communicating decisions and potential issues as they arise to loan closing.
• Work with post-closing and operations to facilitate the sale of loans to investors.
• Develop, maintain, and expand a referral database which drives potential mortgage clients to the Bank.
• Effectively manage a loan pipeline of existing and closed loans.
• Increase mortgage loan portfolio by developing business contacts and attracting mortgage customers.
• Meet mortgage operation standards by contributing accurate, complete, and timely information required for loan processing, closing, and delivery.
• Adhere to regulations as established by the CFPB, OCC, WIPFLI, and the Bank’s internal compliance officer.
• Protect the Bank’s interests while originating loans by detecting attempted deceit or fraud.
• Represent the Bank and its subsidiaries in an honorable and prudent manner reflecting the utmost integrity and service.
• Perform duties in a positive manner when assisting and working with fellow employees.
• Maintain proper and timely communications with fellow employees and clients.
• Complete and deliver disclosure statements and related documents to clients/loan applicants in compliance with written intent and in the spirit of all state and federal regulations governing home mortgage lending transactions.
• Maintain knowledge of the status of each loan file in process, including ensuring lock dates are satisfied.
• Comply with all requirements of the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act).

Benefits

• health, vision, dental, life, disability, critical illness, and accident insurance available to full-time employees after 30 days of employment
• 401k for all employees beginning on hire date

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 101-250 employees