Mortgage Loan Originator

Position Summary

The Mortgage Loan Originator is primarily responsible for analyzing customer needs, and selling loans and other financial products. Maintains up-to-date knowledge products and
services in order to better meet customer needs.

Essential Job Functions

• Support and comply with Company policies and consistently execute Company mission statement
• Work closely with manager to learn all aspects of mortgage sales
• Meet with applicants to obtain information for loan applications and to answer questions about the process
• Drive to customer locations in a safe and courteous manner and in adherence with
• Federal, state and local laws and Company policies
• Analyze applicant financial status, credit and property evaluations to determine feasibility of granting loans
• Strictly adhere to Required Documentation Policy
• Explain to customers the different types of loans and credit options that are available as well as the terms of those options
• Obtain and compile copies of applicant credit histories, corporate financial statements and other financial information
• Review and update credit and loan files
• Review loan agreements to ensure that they are complete and accurate according to policy
• Compute payment and amortization schedules
• Stay abreast of new types of loans and other financial services and products in order to better meet customer needs
• Submit applications to processors for verification and recommendation
• Handle customer questions and take appropriate action to fully address any customer concerns
• Work with clients to identify their financial goals and to find ways of reaching those goals
• Confer with processors and underwriters to aid in resolving mortgage application problems
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans
• Provide weekly planner to management
• Maintain open and consistent communication with sales support staff, management, referral sources and customers during business hours
• Attend Company mandated industry events (MBA Convention, Realtor Convention, fund raisers, etc.) and actively network
• Host 2 forums annually
• Attend a minimum of 2 open houses monthly
• Schedule and attend quarterly meetings with Sales Manager
• Provide quarterly marketing budget to be approved by management
• Support Sales Assistant by monitoring loan status remotely
• Approve final CD in writing for all loans
• Follow quality control policies and procedures
• Notify supervisor of any issues or discrepancies identified in the loan file
• Maintain the cleanliness and organization of work area
• Perform other duties as assigned