Mortgage Loan Orginator

U.S. Bank•Columbus, OH

13d•Remote

About The Position

Originates mortgage loans in an assigned metropolitan territory. The role takes applications, conducts preliminary underwriting reviews, submits applications to processing and underwriting for approval, and follows up to ensure required documents are secured from appropriate sources in a timely manner. Incumbents regularly solicit and make loan sales and conduct related activities away from U.S. Bank locations, spending at least 50% of their time away from those locations. The position requires two or more hours of driving per week. The role has multiple levels and is open to candidates with at least one year of mortgage, sales, real estate, or banking experience; the level offered will align with the candidate’s experience. The job is posted as remote, but candidates located near a U.S. Bank location are required to work onsite at least three days per week.

Requirements

NMLS registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z, with ongoing compliance with legal and regulatory registration requirements, including maintaining a satisfactory criminal and credit record.
High school degree or equivalent.
Two or more years of mortgage, sales, or real estate experience.
Excellent communication skills and ability to analyze financial information.
Ability to work onsite at least three days per week if located near a U.S. Bank location.

Nice To Haves

Self-starter with excellent sales ability and ability to work independently.
Established referral base within the assigned market.
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.
Sales-oriented approach.
Two or more years of proven success in mortgage loan origination, consistently meeting or exceeding production goals.

Responsibilities

Originate mortgage loans in an assigned metropolitan territory.
Take mortgage loan applications and conduct preliminary underwriting reviews.
Submit loan applications to processing and underwriting for approval.
Follow up to ensure documents required for processing, underwriting, and closing are obtained in a timely manner.
Make and solicit loan sales and conduct related sales activities away from U.S. Bank locations, spending at least 50% of work time away from those locations.
Drive for two or more hours per week.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation, from two to five weeks depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
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.