Mortgage loan originator

Job Description

What You’ll Do :

Provides support to a top producing loan originator to learn and understand the origination process. Assists with the origination of mortgage loan applications and documentation to facilitate mortgage loan approvals from Central Bank as designed by best practices.

Ensures that initial packages meet quality standards for completeness, accuracy, and timeliness. Complies with regulatory requirements, corporate guidelines, credit policy and all Federal and State Lending Regulations.

ESSENTIAL DUTIES / RESPONSIBILITIES

• Basic knowledge and skills, basic math ability, basic accounting and bookkeeping skills. Ability to use a financial calculator.
• Can provide complete loan origination and counseling services to prospects, applicants and customers beginning with the pre-qualification process and continuing through closing.
• Must be detail oriented and possess solid organizational and time management Must be able to work independently and handle multiple priorities under pressure of deadline and time restraint.

Promotes teamwork within the department and other departments.

• Ensures high production levels and quality customer service by answering questions for customers, realtors, and builders in a timely manner.
• Ensures legal / regulatory procedures are followed and compliance practices meet all Federal and State standards.
• Maintains and enhances market awareness including economic, housing data and competitive trends; develops programs or recommends product enhancement to address customer’s needs.

DECISION MAKING

Identifies problems and develops procedures to resolve or correct the situation; monitors and measures the results. Provides excellent customer service and solves customer related problems quickly.

Central Bank Offers This :

• Competitive Salary; determined by experience and skills
• Comprehensive Benefits package that includes; 401(k) company match, Paid-Time Off (PTO), Volunteer Days Off (VTO)
• Paid Federal Holidays
• Tuition Reimbursement

About Central Bank

At Central Bank of the Midwest, our roots run deep in the communities that define our footprint and the ones that shape our culture.

Some are defined by geography, while others bring us together through shared experience, values, lifestyle or goals.

Our Associates are the Bank, and Everyone is welcome here. We believe in the diversity of culture, experience, thought and values to create better conversations and thus better decisions around the most important issues we face as an organization and community of professionals.

Central Bank of the Midwest is committed to building an inclusive culture that opens a world of opportunity for our team, customers, and every community within our reach.

We embrace people and opportunities, engage with our time, talent and resources, and elevate relationships through added value.

With a shared commitment to our core values, we RISE together! We RISE by lifting others. These words provide a benchmark for our motives, and compass to guide our words and actions.

We pledge to create and sustain a culture of belonging, where we can learn, understand and support the differences that make us better together.

Requirements

You’ve Got This :

Education : High school diploma and commitment to continuing job related course work.

Work Experience : Three to five years mortgage processing or originating experience required. Basic knowledge of FNMA, FHLMC, HMDA, FHA, VA and sub-prime lending guidelines.

Knowledge and experience in all first and second mortgage credit products. Basic knowledge and experience in mortgage loan compliance.

Skills : Basic computer knowledge including Encompass, Microsoft Word, Excel and a general understanding of the internet;

basic math ability; basic accounting and bookkeeping skills; ability to use a financial calculator.

Other Job-Related Criteria : Must be detail oriented; have the ability to prioritize; possess solid organization and time management skills;

and have solid problem solving and decision-making skills. Solid written and verbal communication skills are a must. Must be able to work independently and handle multiple priorities under deadline pressures and time restrains.

Total drive for complete customer satisfaction.

NOTE : This job description is not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with the job.

Last updated : 2024-05-10