Mortgage Loan Originator

Mortgage Loan Originator

Requirements

• High school diploma or equivalent mandatory
• Four-year college degree preferred
• Knowledge of conventional and/or government lending guidelines
• Knowledge of residential mortgage processing, underwriting, and closing procedures
• Knowledge of federal lending regulations governing real estate lending
• Demonstrated organizational skills
• Strong written and verbal communications skills
• Demonstrated teamwork and customer service skills
• Proven computer skills
• Basic sales technique skills
• Strong desire to excel in a competitive environment
• This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS)

Responsibilities

• Develop referral contacts (realtors, builders, professional and personal contacts)
• Maintain knowledge of Fifth Third Mortgage Company’s policies and procedures
• Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines
• Follow defined protocol for escalation exceptions
• Take applicant applications by completing Fannie Mae form 1003 on the laptop
• Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan Prospector responses and transmitting the loan to LOMAS
• Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management
• Manage pipeline for all originated loans through closing and complete required management reports
• Communicate with branches and/or applicants of providing timely updates and progress reports
• Maintain high levels of customer service while managing each applicant’s and support staff’s expectations
• Attend and participate in all Consumer Lending meetings as required by management

Preferred Qualifications

• Four-year college degree preferred