Mortgage Loan Originator
| Company | U.S. Bank |
|---|---|
| Location | Kansas City, MO, USA, Kansas City, KS, USA |
| Salary | $20 – $20 |
| Type | Full-Time |
| Degrees | |
| Experience Level | Junior, Mid Level |
Requirements
- High school diploma or equivalent
- Typically, at least one year of mortgage, sales, real estate, or banking experience
- Ability to travel
- National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z
Responsibilities
- Originates mortgage loans in an assigned metropolitan territory
- Takes applications
- Conducts preliminary underwriting reviews
- Submits loan applications to processing and underwriting for approval
- Follows-up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources
- Engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations
Preferred Qualifications
- Well-developed sales ability
- Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
- Basic knowledge of local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
- Ability to work independently
- Ability to analyze financial information
- Effective verbal and written communication skills
- Established referral base within assigned market preferred
- 2 years of mortgage loan origination experience with proven results