Mortgage Loan Originator - Commissioned

Tyndall Federal Credit Union • Panama City, FL

2d • Hybrid

About The Position

Creates mortgage loan opportunities and generates mortgage loans for current and prospective members while fulfilling their mortgage lending needs and building relationships with all parties involved in the process. Reviews and evaluates information on mortgage loan documents to determine if borrower, property, and loan conditions meet credit union and government standards. Matches appropriate loan product with borrower's needs. Establishes required terms and conditions of an approved loan and reviews with borrower. Generates mortgage loan business through relationships developed from realtor calls and business development activities. Develops trust through communication and member service while selling the credit union’s mortgage lending programs to companies and individuals within the real estate community. Cross-sells other credit union products and services. Assembles and organizes documents in loan file, ensuring completeness and accuracy in loan software and mortgage file. Distributes file to designated clerk or destination. Maintains a record of accurate loan information and status. As needed, may perform processing duties for mortgage loan applications of other originators. Remains informed of current trends and market factors affecting mortgage lending. Ensures compliance with all regulatory programs including but not limited to the Bank Secrecy Act, Office of Foreign Asset Control Program and Customer Identification Program. Assists other department personnel and performs other duties as assigned. Remote employees must adhere to their agreed-upon work schedule from a secure location, participating in virtual meetings, video conferences/other communications, and maintaining regular, responsive communication during working hours.

Requirements

• Three years to five years of similar or related experience.
• A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program.
• In-depth knowledge of the secondary market and experience with first and second mortgage residential real estate lending.
• Ability to type, use computer and general office equipment including 10-key calculator.
• Requires basic to intermediate knowledge of Microsoft Windows, Word, Outlook and Excel and ability to navigate the Internet.
• Strong analytical and decision making skills.
• Must pass registration based on the SAFE Act requirements or already be registered.

Nice To Haves

• Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Responsibilities

• Reviews and evaluates information on mortgage loan documents to determine if borrower, property, and loan conditions meet credit union and government standards.
• Matches appropriate loan product with borrower's needs.
• Establishes required terms and conditions of an approved loan and reviews with borrower.
• Generates mortgage loan business through relationships developed from realtor calls and business development activities.
• Develops trust through communication and member service while selling the credit union’s mortgage lending programs to companies and individuals within the real estate community.
• Cross-sell other credit union products and services.
• Assembles and organizes documents in loan file, ensuring completeness and accuracy in loan software and mortgage file.
• Distributes file to designated clerk or destination.
• Maintains a record of accurate loan information and status.
• As needed, may perform processing duties for mortgage loan applications of other originators.
• Remains informed of current trends and market factors affecting mortgage lending.
• Ensure compliance with all regulatory programs including but not limited to the Bank Secrecy Act, Office of Foreign Asset Control Program and Customer Identification Program.
• Assist other department personnel and performs other duties as assigned.
• Remote employees must adhere to their agreed-upon work schedule from a secure location, participating in virtual meetings, video conferences/other communications, and maintaining regular, responsive communication during working hours.
• Produce assigned loan volume within established guidelines.
• Originate loans in and out of the office at borrower or other party's convenience.
• Ensure that all approved loans comply with established loan standards.
• Ensure all applications are handled in a timely manner and are in compliance with Federal regulations, secondary market guidelines, and credit union established policies and procedures.
• Meet with realtor and builder offices within established guidelines.
• Remain in constant contact with all involved parties throughout and after the loan process.
• Maintain a professional, courteous, and friendly atmosphere for members and co-workers.
• Ensure that each inquiring party receives a loan application packet with contact information.
• Completes required annual BSA/AML training with a passing grade of 80% or higher.
• Completes required Red Flags Program requirements to include documentation of discrepancy resolution as needed.
• Must pass registration based on the SAFE Act requirements or already be registered.

Benefits

• Family First Leave- Providing 12 weeks of 100% paid bonding time to all Full Time Eligible employees.
• excellent 401(k) plan with generous employer matching.
• 16 paid community volunteer hours.
• 11 paid holidays, paid time off, excellent health/vision/dental benefits and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree