Residential Mortgage Originator

Job Title: Residential Mortgage Originator

Reports to: SVP, Chief Lending Officer

Department: Residential Lending

Job Summary: As a Mortgage Originator at Dime Bank, you will be responsible for originating residential mortgages and participating in business development activities to ensure attainment of Bank loan origination goals and achievement of other Bank objectives through sales or referral activities.

Responsibilities:

• Originate residential mortgages and counsel prospective borrowers to ensure loans comply with regulatory requirements, Bank policies and procedures, and secondary market guidelines.
• Foster and cultivate business relationships through business development and community outreach activities to generate mortgage business to meet sales goals and objectives.
• Deal effectively with all parties involved in mortgage origination-related activities, including customers, realtors, PMI companies, attorneys, investors, etc.
• Explain, promote, sell, and/or cross-sell Dime Bank products and services based on customers' needs and meet or exceed defined individual sales, referrals, and service goals.
• Foster strong relationships and effective communications with internal business partners and members of the processing/underwriting team to ensure a smooth loan process and to encourage referrals and goal attainment in assigned territories.
• Obtain necessary information and supporting documentation from applicant; perform the appropriate calculations using the DTI tools to ensure applicant qualifies for the intended mortgage product.
• Prepare required disclosures or related documents in a timely manner and according to compliance regulations, and ensure that all fair lending requirements are met.
• Play a key role in facilitating the mortgage processing of the loan to achieve customer satisfaction and meet investor requirements.
• Effectively manage customer's expectations regarding the loan process and respond to and resolve customer issues.
• Keep abreast of competition and have thorough knowledge of products and rates; provide feedback and input to SVP and management.
• Develop and maintain specialized knowledge of internal, regulatory, and secondary market guidelines.

Requirements:

• Requires a Bachelor's degree in a related field of study or parallel experience in banking and adherence to the bank's training policies and requirements.
• Strong knowledge of Federal, State, and internal Bank regulations and policy.
• Must meet the registration requirements and maintain an active registration status with NMLS (Nationwide Mortgage Licensing System and Registry).
• Adhere to compliance of all applicable Federal and State bank regulations, as well as Dime Bank policies and procedures.
• Proven sales ability and negotiation skills.
• Excellent communication and time management skills, and a demonstrated ability to interact well with all levels of personnel.
• Ability to prioritize, handle multiple tasks, and work independently.
• Ability to stay current with all technological requirements of the job.

Physical Demands and Condition Requirements:

• General office environment.

Equipment Used:

• General office equipment, i.e., calculator, photocopier, computer, smart phone, etc.

ADA: The employer will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990.