Mortgage Loan Originator

5 days ago


Traverse City, Michigan, United States Lake Michigan Credit Union Full time
Job Summary:

The Mortgage Loan Originator role at Lake Michigan Credit Union is responsible for assisting members with their mortgage lending needs, analyzing loan requests, and making credit decisions based on mortgage lending policies and procedures.

Key Responsibilities:
  • Evaluate loan documents to ensure compliance with bank and regulatory standards, and assemble documents in loan files.
  • Approve or reject loan applications, or request additional information as needed.
  • Establish terms and conditions of approved loans and review with members.
  • Market the Credit Union's mortgage lending program to real estate professionals and individuals.
  • Evaluate the acceptability of loans on secondary mortgage markets.
  • Cross-sell other Credit Union services.
  • Ensure adherence to federal and state laws, regulations, and guidance, as well as Credit Union policies and procedures.
  • Stay informed about current trends in mortgage lending and market factors affecting mortgage lending.
Requirements:
  • Three to five years of sales or related experience, with prior experience in the Mortgage industry preferred.
  • Ability to maintain an active registration with the National Mortgage Licensing System (NMLS).
  • Excellent written and verbal communication skills.
About LMCU:
LMCU is an Equal Opportunity Employer.

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