Mortgage Loan Originator

2 days ago


New York, New York, United States TowneBank Full time

Job Summary:

TowneBank is seeking a highly skilled Mortgage Loan Originator to join our team. As a Mortgage Loan Originator, you will be responsible for originating and processing mortgage loans for residential properties.

Key Responsibilities:

  • Provide exceptional customer service to applicants and prospective customers, including interviewing, pre-qualification, and pre-approval.
  • Complete loan applications and gather supporting documentation from customers.
  • Review and complete regulatory disclosures with customers.
  • Maintain existing and generate new sources of referral business.
  • Quote interest rates and secure pricing through the Secondary Marketing Department on behalf of the customer.
  • Input application data into Loan Origination Software (LOS).
  • Utilize automated underwriting systems (AUS) to obtain credit recommendations.
  • Communicate with customers, both internal and external, regarding the status of the loan and relay information to all interested parties.
  • Communicate with all parties in a professional and courteous manner.
  • Manage the pipeline of loans to verify accuracy of the current loan status.
  • Know and abide by TowneBank's Policies and Procedures.
  • Mentor other Loan Officers.
  • Relay industry changes or trends to Senior Management.
  • Participate in industry association events.
  • Attend Loan Officer Meetings.
  • Represent the bank with active participation in approved community outreach functions to enhance our image and develop new business opportunities.
  • Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).

Requirements:

  • Valid NMLS license.
  • Minimum 1-year experience originating VA, FHA, Conventional, and VHDA loans.
  • Proven sales record based on closed loan production.
  • Currently possess sources of referral business for purchase transactions.
  • High School Diploma or equivalent.
  • Awareness of FNMA/FHLMC, FHA, VA, PHFA, and underwriting guidelines.

Preferred Qualifications:

  • Working knowledge of Microsoft Office products.
  • Working knowledge of Encompass software.


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