Residential Loan Originator Specialist
4 days ago
**About the Job:**
We are looking for a Residential Loan Originator Specialist to join our team at First Western. This is a commission-only position with strong bonus potential and a competitive compensation package.
**Job Description:**
The successful candidate will be responsible for originating new mortgage loan business, working closely with our Fort Collins Mortgage team, and providing exceptional customer service throughout the loan process.
Salary Range: $70,000 - $120,000 per year (commission only)
**Key Responsibilities:**
- Originate new mortgage loan business by developing a referral network and engaging in community outreach efforts
- Provide exceptional customer service by overseeing each loan transaction from processing to closing
- Analyze applicants' financial information, credit history, and income to determine suitable loan programs
- Present complete loan applications with supporting documentation to the operations team within 72 hours
- Meet volume goals as established by the sales management team
**Requirements:**
- Proficient in Microsoft Office Suite
- Strong understanding of MS applications, database/CRM tools, loan origination systems, and loan pricing engines
- Solid understanding of mortgage regulatory requirements, including TILA, RESPA, ECOA, Fair Lending, and the Fair Housing Act
- Demonstrated success in cultivating and maintaining a quality referral network
- Ability to analyze complex financial data and calculate income
- Solid understanding of mortgage loan processing, underwriting, and closing
- Professional presentation, written, and verbal communication skills
Benefits and Perks:
At First Western, we offer a comprehensive benefits program, ongoing training and development, and a competitive compensation package.
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