Mortgage Non Bank Loan Originator

Job summary
Originates mortgage loans in an assigned non-bank territory.Takes applications, conducts preliminary underwriting reviews, submits loan applications to processing and underwriting for approval.Follows-up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources.
Job seniority: entry level
Responsibilities
• Originating mortgage loans in an assigned non-bank territory• Taking applications, conducting preliminary underwriting reviews, submitting loan applications to processing and underwriting for approval• Following-up to ensure documents required for processing, underwriting, and closing are secured in a timely manner• Engaging in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations
Requirements
• High school diploma or equivalent• Minimum one year of mortgage, sales, real estate, or banking experience• Ability to travel• National Mortgage Licensing System (NMLS) registration• 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• Effective verbal and written communication skills• Established referral base within assigned market preferred
Key Skills Needed
• Well-developed sales ability• Basic knowledge of pricing and underwriting requirements• Working knowledge of underwriting requirements• Ability to work independently• Ability to analyze financial information• Effective verbal and written communication skills• Established referral base within assigned market preferred