Mortgage Originator (MLO)

Job Summary

The position of Mortgage Loan Originator is primarily responsible for providing service to customers and prospective customers seeking Residential loans.

Role and Responsibilities

• Originating a high volume of mortgage loans ($12 million or more annually) and developing business contacts by soliciting outside contacts such as realtors, builders, attorneys, etc.
• Interviewing applicants and analyzing customer's financial status and earnings to determine most appropriate mortgage loan program.
• Analyzing more complex personal, partnership, and corporate tax returns, including attached schedules.
• Making preliminary determination of applicant's credit worthiness.
• Calling on key existing and prospective customers, realtors and builders to establish relationships for loan referrals.
• Providing advice and service to applicants requesting mortgage loan information.
• Representing the bank in the community and at real estate industry functions to identify, develop and promote additional business.
• Regular and predictable attendance.

Qualifications

• High school diploma or equivalent plus additional training equal to two years of college, or comparable work experience.
• 2+ years of residential lending experience.
• Bilingual preferred.
• Excellent interpersonal, written and verbal communication skills.
• Strong presentation skills and ability to conduct seminars for business development and outreach.
• Ability to interact with customers in a professional manner to provide exceptional customer service.
• Ability to effectively use applicable software.
• Familiarity with all of the bank's products and services as well as basic Fannie Mae and Freddie Mac guidelines

Preferred Skills/Competencies

Maintains a working understanding of, and complies with, applicable banking regulations as well as internal policies and procedures.