Community Mortgage Loan Originator

4 weeks ago


Louisville, Kentucky, United States U.S. Bank Full time
Job Summary

U.S. Bank is seeking a skilled Community Mortgage Loan Originator to join our team. As a Community Mortgage Loan Originator, you will be responsible for originating Community Reinvestment Act (CRA) loans in an assigned community market, serving primarily low to moderate income borrowers. You will develop referral relationships with realtors, builders, bankers, and other sources to originate residential loans through ongoing sales efforts.

Key Responsibilities:

  • Originate CRA loans in an assigned community market
  • Develop referral relationships with realtors, builders, bankers, and other sources
  • Take mortgage applications, conduct preliminary underwriting reviews, and submit loan applications to processing
  • Remain the front line contact with customers and realtors for follow up documentation needed to approve and close loan
  • Deepen customer relationships by identifying opportunities to meet all customer needs

Requirements:

  • High school diploma or equivalent
  • Minimum one year of mortgage, sales, real estate, or banking experience
  • Ability to travel

Preferred Skills:

  • Well-developed sales ability
  • Thorough understanding of the Community Reinvestment Act
  • Thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies
  • Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
  • Basic knowledge of local, state and national laws
  • Ability to work independently
  • Ability to analyze financial information
  • Excellent verbal and written communication skills

Benefits:

  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law


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