Mortgage Loan Originator

4 weeks ago


Southern Pines, North Carolina, United States Fort Liberty Federal Credit Union Full time
Job Summary:

Fort Liberty Federal Credit Union is seeking a skilled Mortgage Loan Originator to join our team. As a Mortgage Loan Originator, you will be responsible for sourcing, developing, and closing real estate loans, as well as developing new business opportunities. You will represent the credit union in the local community and participate in marketing all of our products and services.

Key Responsibilities:
  1. Originate and complete mortgage loan applications, gather necessary loan documents, collect upfront fees, and commit loans for processing.
  2. Consult with applicants on various mortgage financing products and programs.
  3. Follow up on incomplete applications to offer assistance and/or determine applicant intentions.
  4. Coordinate with Credit Union Mortgage Association (CUMA) mortgage processors, communicate with applicants and other parties on application progress.
  5. Complete follow-up to ensure loan closing and resolve any problems while ensuring compliance guidelines.
  6. Source and develop loans within markets, including HELOC, residential real estate, and consumer loans.
  7. Work with CUMA Secondary Desk to secure rate lock and ensure loans are closed, funded, and sold to the secondary market prior to rate lock expiration.
  8. Ensure all pertinent account documentation is complete and accurate, and all collateral is properly secured.
  9. Support the credit union's strong relationship-building culture through ongoing member contact, quality member service, and superior product knowledge.
  10. Build and maintain positive relations with all members, potential members, and coworkers.
  11. Establish a network of realtors and local business contacts for loan referrals.
  12. Perform as a team member in allocating and coordinating workflow.
  13. Contribute to the fulfillment of department and company objectives and goals.
  14. Comply with all department and company policies, procedures, and regulations.
  15. Complete entire loan package to present to CUMA processors, who will then order the appraisal and title work.
  16. Work to cross-sell other credit union products to new and current members.
  17. Other duties as assigned.
Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum level of knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Training:
  • High School education or GED.
  • Must be able to meet the qualifications necessary to be registered with the NMLS under the provisions set forth by the S.A.F.E. Act.
  • On an annual basis, is required to complete mandatory Bank Secrecy Act, OFAC, and Red Flag Identity Theft training.
Prior Experience:
  • 5-8 years mortgage lending or related experience.
Interpersonal Skills:

Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

Other Special Skills and Abilities:
  • Strong communication skills, both written and verbal, and the ability to explain and discuss complex and/or sensitive topics.
  • Strong proficiency in all Microsoft Office products.
  • Understanding and knowledge of credit union and lending regulations and responsibilities relating to each, including a working knowledge of mortgages, liens, and other aspects of the loan collateral perfection.
  • Strong knowledge of FLFCU lending products, policies, and procedures.
  • Self-starter, ability to work independently.
  • Leadership abilities.
Physical Demands:

The need for physical stamina is low to moderate. Moderate to significant local travel is required.

Working Conditions:
Minimal adverse working conditions. Some fluctuations in temperature experienced in office setting. May need to work beyond normal working hours, pending organization needs.
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