Mortgage Loan Originator

We are seeking a highly skilled and experienced Mortgage Loan Originator to join our team at First Community Bank Utah. As a Mortgage Loan Originator, you will be responsible for assisting customers with their mortgage lending needs, analyzing loan requests, and making necessary credit decisions while adhering to mortgage lending policies.

• Origination Techniques: Develop and implement origination techniques, including sales and analytical skills, to support customers seeking a mortgage loan.
• Market Knowledge: Stay informed about current trends in mortgage lending and market factors affecting mortgage lending.
• Loan Evaluation: Review and evaluate information on mortgage loan documents to determine if borrower, property, and loan conditions meet Bank and regulatory standards.
• Loan Approval: Approve or reject loan applications or request additional information as needed.
• Secondary Market Evaluation: Evaluate the acceptability of loans on secondary mortgage markets.
• Borrower Education: Educate borrowers on the terms and conditions of approved loans and their financial responsibility for the loan.
• Delinquency Management: Call or visit customers who are delinquent on their loan payments (may not be applicable to brokered loans).
• Bank Protection: Protect the Bank from fraud and reputation risk on all levels.
• Marketing and Cross-Selling: Market the Bank's mortgage lending program to companies and individuals within the real estate community and cross-sell other Bank services.
• Other Duties: Perform other duties as assigned.
• Compliance: Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

We are looking for a candidate with the following qualifications:

• Past Mortgage Lending Experience: Required
• Education: Equivalent to a college degree
• Communication Skills: Good communication skills, including the ability to motivate or influence others, are essential for this role.
• Cooperation: Cooperation with internal and external stakeholders is an important part of this job.
• Technical Skills: 10-key calculator and keyboard skills are required.

• Bachelor's Degree: Business-related field or equivalent experience (preferred)
• Reliable Transportation: Must have reliable transportation and be willing to travel to different branch locations.
• Mortgage Loan Software: Knowledgeable in the use of mortgage loan software and automated underwriting systems.
• Program Guidelines: Educated in program guidelines for mortgage lending products offered through Fannie Mae, Freddie Mac, FHA, FTC, and VA.
• Compliance: Ensure compliance is met in regards to all regulations.
• Pricing and Locking: Understand pricing and locking mortgage interest rates.
• Loan Volume: Produce assigned loan volume (dollars and/or numbers).
• Delinquency Rate: Maintain a delinquency rate at or below 1% of loan portfolio (may not be applicable to brokered loans).
• Loan Standards: Ensure that all approved loans comply with established loan standards.
• Sales: Sell assigned volume of Bank products and services.
• Customer Service: Maintain a professional, courteous, and friendly atmosphere for customers and co-workers.

• National Mortgage Licensing System: Incumbents are required to maintain their registration active and current with the National Mortgage Licensing System throughout their employment.