Mortgage Originator

Job Description:

A mortgage loan originator assists consumers who are seeking mortgage loans for the purchase or refinance of a residential property.

Major Responsibilities:

• Evaluates loan applications and documentation by confirming creditworthiness.
• Maintains customer confidence by keeping loan information confidential.
• Originates transactions by taking complete and accurate loan applications.
• Completes loan contracts by explaining provisions to applicants; obtaining signatures and notarizations; collecting fees.
• Improves loan applications and documentation by informing applicants of additional requirements.
• Establishes and maintains relationships with Realtors, bank officers, builders, and new home sales representatives in order to develop and retain existing business; and by visiting subdivisions, as required.
• Monitors overall customer interaction and interfaces with all parties involved on each individual loan from application to closing, including but not limited to counseling and pre-qualifying potential home buyers.
• Collects and analyzes information regarding the customer's income, assets, investments, or debts.
• Evaluates clients and other loan products and services and determines which financial products best meet the customer's needs and financial circumstances.
• Advises the customer regarding the advantages and disadvantages of different loan products.
• Services existing customers and obtains all necessary support documents along with the appropriate fees and lock-in information.
• Oversees the loan process by monitoring loan status and ensures conformity with terms.
• Communicates loan status to all interested parties and obtains loan documentation after closing.
• Negotiates terms and conditions of loans with customers.
• Stays abreast of trends and developments in the local real estate market and competitive environment, as well as changes in rules and regulations pertaining to private and government-insured mortgages.
• Maintains a professional image and adheres to standards consistent with company policies and procedures.

Knowledge/Skills/Experience/Expectations

Must have excellent customer service skills, able to work in a team environment, and proficient with computers. Basic to Intermediate computer skills in Microsoft Office, including Word, Excel, and Outlook are required. Encompass experience preferred.

• Excellent written and oral communication skills.
• Analytical with good attention to detail.
• Good judgment and the ability to work independently.
• Ability to multitask, work well under time constraints and within deadlines.
• High School diploma or equivalent.
• Bachelor's Degree in Business, Finance or another related field a plus.
• Minimum 3 years in Mortgage Banking.
• $500,000 2-year average in personal monthly volume and/or 2 units per month.
• The ideal candidate will possess an active state-appropriate NMLS license and a minimum of 2 years of retail origination experience.

For Qualified Candidates, We Offer:

• A full menu of forward and reverse mortgage products to offer clients, including Conventional Fixed Rate and ARMs, FHA/VA/USDA, Jumbo, Construction/Renovation/Rehab, Down Payment Assistance programs, and Reverse Mortgages.
• In-house underwriting, closing, and funding.
• Fast payouts and weekly payroll with ADP.
• Web-based LOS and integrated CRM platforms.
• Free LO websites and customized collateral for print and social media marketing.
• Onboarding training and transition support.
• Continuous sales & marketing support and training opportunities.
• Back-office support, including dedicated accounting, HR, and compliance teams.
• Competive base unlimited commission compensation package
• Benefit packages available to full-time employees.

Contact your local Wisconsin banking recruiter, Joe Albert to learn more about this Mortgage Originator position and other banking opportunities throughout the state.

Joe Albert

Search Consultant | gpac

To be considered, please apply with a resume. You can email me directly at: joe.albert@gogpac.com

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.

GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States for the past 31 years. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.