Mortgage Loan Originator

Fifth Third Bank • Columbus, OH

7d

About The Position

The Mortgage Loan Originator originates residential first-mortgage loans from outside referrals and is responsible for the loan from application through closing. The role develops referral relationships, meets management’s mortgage sales and cross-selling objectives, and provides timely updates while maintaining a high level of customer service. It also requires following bank policies and procedures, escalating exceptions, and identifying, managing, monitoring, and reporting risks within the Bank’s risk appetite.

The position is based in Columbus, Ohio 43231. Compensation is largely incentive-based and combines incentive compensation with either a base salary or a draw. Fifth Third describes its benefits as comprehensive and designed to support employees’ physical, financial, emotional, and social well-being; specific benefits are available through its Careers page or a talent acquisition partner.

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.
• SAFE Act registration through the Nationwide Mortgage Licensing System (NMLS) is required at the time of employment.

Nice To Haves

• Four-year college degree preferred.

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, and departmental guidelines.
• Follow the defined protocol 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 each applicant and deliver the loan package within management’s time frames.
• Manage the pipeline for originated loans through closing and complete required management reports.
• Communicate timely updates and progress reports to branches and/or applicants.
• Maintain high 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.
• Follow policies and procedures, elevate concerns, and identify, assess, manage, monitor, and report risks.

Benefits

• Comprehensive benefits programs designed to support employees’ physical, financial, emotional, and social well-being.
• Differentiated compensation offerings, including incentive compensation combined with either a base salary or a draw.

What This Job Offers

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