Mortgage Loan Originator (External) - uncapped commission structure

Abound Credit Union•Middletown, KY

6d•Onsite

About The Position

Abound Credit Union is seeking a dedicated Mortgage Loan Originator to expand its real estate lending presence. This role involves maximizing mortgage applications and production from various sources, gathering feedback to improve real estate products and processes, and supporting the credit union's sales and service culture by promoting all products and services. The position contributes to a positive culture by fostering teamwork, growth, collaboration, and innovation.

Requirements

Must successfully complete and pass eligibility requirements for registration under the S.A.F.E Act, including Federal Registration under the Nationwide Mortgage Licensing System and Registry.
Must furnish the Registry with information for a background check, including fingerprints and personal history.
Bachelor's Degree in Business, a related field, or equivalent work experience.
Extensive and detailed knowledge of real estate mortgage lending laws, regulations, policies, and procedures applicable to both primary and secondary markets.
Ability to analyze applicant's credit risk (the 4 Cs of underwriting: capacity, capital, collateral, and credit) and perform income analysis for self-employed borrowers.
Strong working knowledge of all loan origination and maintenance software.
Ability to understand and use secondary market automated underwriting systems in conjunction with credit union software.
Friendly, outgoing manner, ability to deal with members with tact and courtesy, and maintain a professional demeanor.
Self-motivation, enthusiasm, and initiative with a willingness to support others within the Credit Union.

Responsibilities

Exceeding established monthly individual and departmental goals for loan applications and funded loans.
Effectively converting mortgage leads to full applications.
Maintaining accessibility to borrowers and referral sources during and after normal business hours to ensure continuous communication throughout the loan process.
Developing relationships with real estate agents and other referral sources to drive real estate loan business.
Coordinating closely with branch teams and real estate loan originators throughout the loan process.
Effectively managing a pipeline of work, prioritizing constant communication with members and timely follow-up with leads and referrals.
Thoroughly documenting all member communication and actions taken on files.
Representing the Credit Union at industry events to develop partnerships and referral sources.
Providing expertise and educational opportunities through presentations on real estate lending services.
Advising members and potential members on mortgage products and opportunities.
Providing product expertise and support to branch team partners.
Accurately reporting call activities, leads, and applications taken using established reporting systems.
Maintaining all relevant contacts, appointments, and activities on a shared electronic calendar.