Experienced Mortgage Loan Originator in Providence, RI

2 weeks ago


Manchester, New Hampshire, United States HarborOne Mortgage LLC Full time
Job Title: Experienced Bi-Lingual Loan Originator in Providence, RI

HarborOne Mortgage LLC is seeking a highly skilled and experienced Bi-Lingual Loan Originator to join our team in Providence, RI. As a Loan Originator, you will be responsible for originating mortgage loans, building relationships with referral sources, and providing exceptional customer service to our clients.

Key Responsibilities:
  • Originate mortgage loans and build relationships with referral sources
  • Conduct sales calls, attend realtor sales meetings, open houses, functions, and trainings
  • Take thorough and complete loan applications, analyze and prequalify applicant information, and determine viability of the client's desired loan program
  • Pull credit, analyze credit, and compare for accuracy with the mortgage borrower's statements
  • Correct inaccuracies and determine correct loan options for the borrower based upon the applicant's present situation, future plans, and preferred loan product
  • Provide guidance and information relevant to the risks and benefits of each program the applicant is qualified for
  • Effectively explain and communicate the terms of each product and ensure all documents necessary are signed by the borrower
  • Gather all initial documentation required based upon the applicant's selected loan program, including disclosure requirements
  • Work with the loan processor to provide any letters of explanation or additional documentation as necessary and required by underwriting to clear all conditions and close each loan
  • Maintain a working file for the office as required for compliance
  • Act as a liaison for all parties to the transaction, including buyer, seller, realtor, builder, title company, appraiser, credit vendors, etc.
Requirements:
  • Thorough understanding of mortgage products, pricing, and guidelines
  • Up-to-date understanding of all regulatory compliance and participation in various required trainings
  • Ability to take accurate and thorough loan applications
  • Possess a working knowledge of credit reports, DTI, LTV, and CLTV ratios
  • Have excellent communication and interpersonal skills
  • Attention to detail and outstanding customer service is critical to success
  • Ability to create, implement, and adapt a market penetration strategy for lead development, prospect to client conversion, and client to close conversion
  • Ability to self-source business through sales activities, including cold calling, appointment setting, and group presentations
  • Ability to create marketing systems to source new business and keep in touch with existing clients, realtors, builders, etc.
  • Experience with Outlook, Microsoft Office, and other similar software preferred
  • Bi-lingual
Education:
  • A minimum 1 year of mortgage origination experience is required
Physical Demands:

While performing the responsibilities of this position, the employee is required to effectively communicate verbally. The employee must be able to effectively operate a keyboard. The employee is occasionally required to reach with arms and hands and occasionally lift and/or move up to 10-15 pounds. Vision abilities required by this job include close vision.



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