Mortgage Loan Originator
3 weeks ago
We are seeking a highly motivated and experienced Mortgage Loan Originator to join our team. As a Mortgage Loan Originator, you will be responsible for selling mortgage loans to customers outside of our offices and building relationships with real estate professionals, financial advisors, and other relevant partners.
Key Responsibilities:
- Sell mortgage loans to customers away from and outside of our offices
- Build and maintain relationships with real estate professionals, financial advisors, and other relevant partners
- Generate new business through lead-generating activities, such as attending closings and open houses, and conducting seminars
- Analyze borrowers' financial information and pre-qualify them for mortgage loans
- Counsel borrowers on the home buying and financing process, advising them on different loan products and closing costs
- Collect financial information and other related documents for loan applications
- Provide disclosures to borrowers, including truth in lending and good faith estimates
- Maintain regular contact with borrowers, real estate professionals, and lenders to apprise them of loan application status
Requirements:
- Appropriate state license or certificate
- Thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
- Familiarity with local, state, and national laws, such as zoning ordinances, Truth-in-Lending, RESPA, and energy audit requirements
- Excellent communication skills and ability to analyze financial information
- Sales-oriented self-starter
Work Environment/Physical Demands:
Travel is required 80% of the time.
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