Mortgage Originator (Syracuse)

Broadview Federal Credit Union•Syracuse, NY

About The Position

Promote Mortgage Services’ real estate loan products through direct contact with members, prospective members, real estate brokers, builders, and others. Originate loan applications from internal and external sources, provide mortgage consultations, and help applicants identify suitable programs and complete applications. The position also supports community lending, referral development, branch and Call Center staff, and the development of lending procedures and educational seminars.

Requirements

Associate’s degree or equivalent.
At least 3 years of lending experience, including at least 1 year working with mortgage loans.
Must obtain national licensing in compliance with New York State Banking Law and regulations and the SAFE Act. Licensing review follows successful completion of a background check, 20 hours of pre-licensing education, and a passing score on the national licensing exam; final determination is made by the appropriate regulatory entity.
Must complete 11 hours of continuing education each year thereafter, with topics determined as required, and maintain compliance with mortgage loan originator licensing requirements, including applicable background and credit checks and national and state-specific exams.
Driver’s license necessary for travel to branches and appointments.

Nice To Haves

Ability to use Microsoft Word and Excel is strongly preferred.
Bilingual applicants fluent in a language in addition to English are highly encouraged to apply.

Responsibilities

Meet the Credit Union's and Mortgage Services’ standards for consistent, quality customer service.
Review pre-approval applications and issue pre-approval certificates to qualified candidates.
Participate in area community lending activities by attending meetings and seminars and soliciting applications for loan programs.
Monitor the loan pipeline and respond to requests for information and applications in a timely manner.
Submit applications initially to Loan Prospector to obtain decisions and advise applicants about fees and required documents.
Maintain knowledge of current policies regarding credit, appraisal, PMI, secondary-market mortgage requirements, cross-sold products, and consumer loan products.
Assist in developing and implementing the Credit Union's Home Buyers' Seminar and prepare information and training materials for realtor seminars.
Respond promptly to members’ inquiries with accurate information about real estate loan programs.
Provide the Sales Manager / VP Sales with regular recaps of contacts made outside the office to solicit mortgage referrals.
Build relationships with area real estate brokers, solicit mortgage application referrals, provide agent training seminars, and share current rates and mortgage program information.
Provide mortgage consultations to members at suitable locations.
Assist Broadview branches with mortgage information and application appointments.
Work with branch and Call Center staff to provide prompt service to members.
Recommend suitable mortgage programs to applicants and advise them about their ability to qualify.
Assist applicants in completing and submitting mortgage loan applications and request additional information when necessary.
Discuss problems with information received to expedite application processing.
Understand closing functions and discuss issues with attorneys and/or title companies.
Attend outside seminars as part of new-business development and promotion of Broadview products.
Identify opportunities to cross-sell Broadview products and services.
Participate in developing new loan origination procedures under the direction of the Sales Manager / VP Sales.
Comply with applicable mortgage loan originator licensing requirements, including continuing education requirements.