Mortgage Loan Originator

MortgageRight
Newark, DE Full Time
POSTED ON 3/22/2023 CLOSED ON 11/21/2023

What are the responsibilities and job description for the Mortgage Loan Originator position at MortgageRight?

Mortgage Loan Originator

MortgageRight is looking for experienced self-generating Mortgage Loan Originators to join us and work hybrid remote for our Newark, DE branch. We have an aggressive compensation plan based on volume and sales ability with in-house resources to help you reach your full potential! Our Corporate Headquarters are in Birmingham, Alabama and we are licensed in 48 states with branches nationwide.

The Mortgage Loan Originator reports to and collaborates with the Branch Manager to perform a wide range of duties related to the origination of residential first mortgage loans. Must possess superior customer service skills, leadership skills, be extremely detail oriented, and self-motivated.

Principal Responsibilities
Including but not limited to:
  • Builds and develops referral contacts (customer referrals, realtors, builders, professional and personal contacts) to generate sales of residential mortgage loans and build a pipeline.
  • Assumes overall responsibility for the residential mortgage loan from application to closing.
  • Collects appropriate documentation from each applicant and Enters 1003 application in LOS (Encompass).
  • Maintains knowledge of available loan products. Originates permanent single family (1-4), FHA, VA, USDA, JUMBO and conventional mortgage loan products (FNMA/FHLMC/FHA/VA, etc.)
Required Knowledge, Skills and Abilities
  • One or more years of relevant self generating mortgage loan experience
  • Contacts and referrals with local realtors, builders etc.
  • NMLS License
  • Knowledge of conventional and/or government lending guidelines
  • Excellent verbal, written, and interpersonal communication skills, resulting in the ability to interact with all levels of employees within the organization
  • Demonstrated knowledge of Microsoft Windows and Office (Excel, Word) or other transferable software packages.
  • Strong desire to excel in a competitive environment.
  • As defined by the S.A.F.E. Act, must register as a Mortgage Loan Originator with the Nationwide Mortgage Licensing System (NMLS) and maintain the unique identifying registration number.
Preferred Knowledge, Skills and Abilities
  • Experience using Encompass LOS is a plus
This is a commission position
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