Mortgage Loan Originator

4 weeks ago


Rochester, New York, United States American Neighborhood Mortgage Acceptance Company LLC Full time
Job Summary

We are seeking a highly motivated and experienced External Mortgage Loan Originator to join our team. As a key member of our sales team, you will be responsible for establishing referral source relationships and generating new business opportunities.

Key Responsibilities:

  • Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals.
  • Regularly participate in mortgage sales, including attending closings and open houses, and conducting seminars and other lead-generating activities.
  • Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford.
  • Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product.

Requirements:

  • Must have appropriate state license or certificate (varies by state).
  • Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
  • Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors.
  • Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.).

Work Environment/Physical Demands:

Travel is required 80% of the time.



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