Mortgage Loan Originator

Hancock Whitney Bank•Ridgeland, MS

12d

About The Position

The Mortgage Loan Originator originates portfolio and secondary-market conventional, FHA, VA, and RD loans in compliance with investor requirements and applicable laws and regulations. The role promotes the Bank’s products and services to existing and potential clients in the community and provides mortgage guidance to prospective borrowers. The originator maintains knowledge of Bank underwriting policies, investor guidelines, mortgage-industry developments, and applicable regulations. The role develops referral networks, manages loans through the application and closing process in coordination with processors, underwriters, closers, borrowers, and other parties, and delivers required compliance documents and disclosures on time. The position requires NMLS registration under the SAFE Act, with continued employment contingent on successful registration after starting and annual renewal.

Requirements

At least 2 years of sales experience.
NMLS registration under the SAFE Act of 2008; successful registration or transfer of an existing registration is required immediately after the start date, with annual renewal thereafter.
Knowledge of mortgage laws, procedures, rules, and regulations at the federal, relevant state, local, and bank-wide levels.
Ability to learn or knowledge of Microsoft Word, Excel, PowerPoint, and Access.
Ability to learn or knowledge of Microsoft Outlook.
Excellent communication, analytical, customer service, and organizational skills.
Ability to work effectively with personnel at all levels.
Strong presentation skills.
Ability to travel if required to perform essential job functions.
Ability to work under stress and meet deadlines.
Ability to operate related equipment, read and interpret documents, and lift, move, or carry approximately 10 pounds if required to perform essential job functions, subject to accommodation where applicable.

Nice To Haves

Bachelor’s degree preferred.
At least 2 years of mortgage origination experience preferred.

Responsibilities

Originate portfolio and secondary-market conventional, FHA, VA, and RD loans in compliance with investor requirements and applicable laws and regulations.
Promote Bank products and services to existing and potential clients in the community.
Provide expert mortgage advice to prospective borrowers.
Stay current with Bank underwriting policy, investor guidelines, applicable laws and regulations, and developments in the mortgage industry.
Develop and maintain referral networks among Bank associates and external sources, including Realtors, builders, friends, family, and others in the community.
Maintain a clean pipeline of loans in process and coordinate daily with processors, underwriters, and closers.
Deliver compliance documents and disclosures in a timely manner.
Take complete loan applications and collect required documentation for verification.
Prepare borrowers for the loan process and keep involved parties informed about important developments and application status.
Inform applicants about closing costs, including appraisal, credit report, and notary fees.
Coordinate closings with borrowers, closing agents, Realtors, and other parties.
Interview applicants to document income, debt, and credit history and determine whether they meet established standards for further consideration.
Answer applicant questions and obtain signatures on information authorization forms.
Submit applications to Mortgage Loan Processors for verification.
Contact applicants or others to resolve discrepancies, such as credit-report payment-history issues.
Inform applicants of loan acceptance or denial.
Keep Bank associates informed about industry changes and work as a team member with other lines of business.
Maintain current compliance knowledge and working knowledge of products and services provided by other lines of business and Bank affiliates.
Comply with applicable federal, state, and local banking and industry laws and regulations, including the Bank Secrecy Act.
Maintain NMLS registration and complete annual renewal.