Mortgage Loan Originator
6 days ago
At U.S. Bank, we're committed to helping our customers and businesses make informed financial decisions. As a Mortgage Loan Originator, you'll play a key role in originating mortgage loans in an assigned metropolitan territory. Your responsibilities will include taking applications, conducting preliminary underwriting reviews, and submitting loan applications to processing and underwriting for approval. You'll also be responsible for following up to ensure that all necessary documents are secured in a timely manner. This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z.
Key Responsibilities
- Originate mortgage loans in an assigned metropolitan territory
- Take applications and conduct preliminary underwriting reviews
- Submit loan applications to processing and underwriting for approval
- Follow up to ensure all necessary documents are secured in a timely manner
Requirements
- High school diploma or equivalent
- Minimum one year of mortgage, sales, real estate, or banking experience
- Ability to travel
Preferred Skills
- Well-developed sales ability
- Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
- Basic knowledge of local, state and national laws
- Ability to work independently
- Ability to analyze financial information
- Excellent verbal and written communication skills
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
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