Community Mortgage Loan Originator

The incumbent originates mortgage files and assists with processing and underwriting conditions when necessary. This is a full-time/non-exempt position with full benefits and is primarily commission-based. The person hired may work from any of our available branches.
Responsibilities:

• Pre-qualifies all borrowers for both interim and permanent real estate loans.
• Gathers all necessary loan documentation from customer to submit loan.
• Inputs loan application on Mortgage Origination software, evaluates documents and compares for accuracy.
• Responsible for ordering credit reports through the bank's software and making a printed copy.
• Submits loan documentation for approval.
• Orders appraisals and title work when needed.
• Assists Processors by helping compile conditions of loan approvals to submit to underwriting for final approval.
• Back-up closing function when necessary by ordering documents, complete fee sheets and schedule closings.
• Compares competitive mortgage rates daily and price the Bank's daily quotes when necessary.
• Locks in interest rates with lender on lender software when necessary.
• Submits monthly commission report to manager by the first working day after month end (using Word and Excel)
• Completes compliance and other job related training as required
• Refers unusual or suspicious activities or transactions to the BSA officer immediately
• Complies with all department and bank policies and procedures and maintains compliance with State and Federal Regulations
• Contributes to the fulfillment of the department and the bank objectives and goals
• Performs as a team member, and completes any other job-related duties as assigned

• High school diploma or equivalent. Education should include the successful completion of recent mortgage courses (conventional and FHA lending). Must have a thorough knowledge of mortgage regulations, as well as the recent changes on guidelines for all 1-4 family residential loans.
• Minimum of 1 year of experience in all aspects of mortgage lending and originating
• Ability to proficiently use a personal computer, including knowledge of Windows based software
• Detail oriented and well organized.
• Strong customer service skills.
• High degree of accuracy.
• Ability to review appraisals.
• Knowledgeable in using various types of mortgage software applications.
• Proficient ability to run Automated Underwriting Systems
• Familiar with all mortgage compliance laws (RESPA, HMDA, REGZ, etc.)
• Demonstrate a high level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.