Outside Loan Originator
4 weeks ago
The Outside Loan Originator provides residential mortgage loans to borrowers seeking to purchase real estate or refinance existing mortgages. This role involves generating leads to increase production and working closely with realtors, builders, and other industry professionals to establish and maintain relationships.
Key Responsibilities- Establish and maintain relationships with real estate professionals, title companies, and other industry partners to generate and expand business through marketing campaigns and promotional events.
- Identify the creditworthiness of borrowers by examining credit reports, tax returns, and assets.
- Counsel borrowers on suitable loan programs and educate them on the mortgage loan process, responding to customer inquiries and concerns.
- Originate mortgage loans, including pricing and locking pre-approved loan transactions, and disclose Loan Estimates and other necessary documents within required timeframes.
- Maintain current knowledge of agency and investor guidelines, as well as state and federal regulations.
- Follow up on leads, loan applications, missing items, and conditions, ensuring timely submission of required documents.
- Update borrowers and their agents on the status of loan applications.
- Oversee the production pipeline and resolve escalated issues to ensure loan transactions close correctly and in a timely manner.
- Provide exceptional customer service to achieve customer satisfaction.
Requires a high school diploma and working knowledge of Fannie Mae, Freddie Mac, FHA, VA, USDA, and investor guidelines, as well as state and federal banking laws and regulations. Preferable to have a bachelor's degree and many years of experience in originating loans.
InterLinc Mortgage is an EEO company.
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