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Mortgage Loan Professional
1 month ago
As a Mortgage Loan Originator at Fifth Third Bank, you will be responsible for originating residential 1st mortgage loans for outside referrals. You will meet standards and objectives defined by management for mortgage loan sales and cross-selling objectives. You will assume overall responsibility for the residential mortgage loan from application to closing.
Key Responsibilities
* Develop referral contacts (realtors, builders, professional and personal contacts)
* Maintain knowledge of Fifth Third Mortgage Company's policies and procedures
* Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines
* Follow defined protocol for escalation exceptions
* Take applicant applications by completing Fannie Mae form 1003 on the laptop
* Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan Prospector responses and transmitting the loan to LOMAS
* Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management
* Manage pipeline for all originated loans through closing and complete required management reports
* Communicate with branches and/or applicants of providing timely updates and progress reports
Requirements
* High school diploma or equivalent mandatory. Four-year college degree preferred
* Knowledge of conventional and/or government lending guidelines
* Knowledge of residential mortgage processing, underwriting, and closing procedures
* Knowledge of federal lending regulations governing real estate lending
* Must have at least 2 years of mortgage lending experience
* Must have an established book of local referral sources
* Must have existing mortgage sales of $1 million per month
* Demonstrated organizational skills
* Strong written and verbal communications skills
* Demonstrated teamwork and customer service skills
* Proven computer skills
* Basic sales technique skills
* Strong desire to excel in a competitive environment
Additional Information
This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS web site () provides the MU4R questions and registration required for employment in this position.