CRA Mortgage Loan Originator

bankatfirst; Lincolnshire (IL); In loco; USD 32.000 - 39.000; Tempo pieno

Descrizione del lavoro

First Financial Bank is seeking a CRA Mortgage Loan Originator in Illinois to originate residential loans sourced from referrals, community organizations, and local leaders. The role emphasizes promoting home ownership in Low to Moderate Income (LMI) areas and requires self-sourcing, presenting tailored mortgage products, and ensuring timely closings.

The ideal candidate has 2+ years in CRA mortgage origination, a Bachelor's degree or equivalent, and an active NMLS license with CE compliance.

Competenze

• Minimum of 2 years experience originating CRA residential mortgages.
• Bachelor's degree or equivalent combination of education and experience.
• Must have an existing referral network for CRA mortgage leads.
• Experience using loan origination software and MS Office products.
• Strong knowledge of Government (FHA/VA/USDA) and CRA mortgage programs.
• Must have or be able to obtain Mortgage Loan Originator License (NMLS).
• Ongoing CE is required.

Mansioni

• Originate mortgage loans sourced through referrals and community partners.
• Promote mortgage lending in LMI areas to support home ownership.
• Self-source leads and convert to applications with tailored solutions.
• Prepare disclosures, collect documents, and satisfy loan conditions.
• Coordinate with internal teams to ensure timely closing and excellent customer experience.
• Provide ongoing relationship servicing and respond to inquiries.

Conoscenze

Mortgage origination

Customer relationship management

Regulatory compliance

Financial confidentiality

Formazione

Bachelor's degree

Strumenti

MS Office

Loan origination software

Descrizione del lavoro

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

As a First Financial Bank (FFB) CRA Mortgage Loan Originator, you will originate mortgage loans sourced through your established referral partners, community organizations, trade organizations, local business leaders, realtors, and other referral sources. The position will have primary focus on promoting mortgage lending options in Low to Moderate Income (LMI) areas to promote home ownership within these communities. The position will be required to self-source mortgage leads, convert into applications, present personalized mortgage products and solutions to potential customers, produce required disclosures, procure intent to proceed, collect borrower documents needed to satisfy loan conditions, and work with internal departments to ensure a superior customer experience and timely loan closing.

Essential Functions/Responsibilities

• Consistently achieves monthly loan production volume as specified in the MLO Agreement.
• Generates new business to assist in meeting established CRA and fair banking goals.
• Responsible for developing and maintaining business plan for growth of this business area.
• Networks with community organizations, local business leaders, housing trade organizations, realtors, builders, and other referral sources to generate mortgage leads with focus on CRA products.
• Evaluates needs of potential customers and offers appropriate mortgage products and services, or provides referral to appropriate specialist within the Bank.
• Prepares and compiles mortgage application and information for processing of mortgage loan applications generated.
• Ensures completeness of loan documentation.
• Oversees timely closing and funding of loans.
• Provides ongoing relationship servicing with current mortgage customers to maintain goodwill and gain additional business.
• Responds to mortgage inquiries and assist with mortgage servicing requests
• Promotes and refers other bank products and services as appropriate to customer requirements.
• Provides data to support marketing and sales promotion programs.
• Works directly with Community Development Operating Council to assist with CRA loan initiatives in local market.
• Host consumer education events with internal and external partners.

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

• Minimum of 2 years experience originating CRA residential mortgages.
• Bachelor's degree (B.A.) from four-year college or university; or four years related experience and/or training; or equivalent combination of education and experience.
• Must have existing referral network established to provide CRA mortgage leads.
• Must have prior experience using loan originating software and MS Office products.
• Strong product knowledge and underwriting requirements for Government (FHA, VA, USDA) and CRA specific mortgage programs.
• Must have or ability to obtain Mortgage Loan Originator License with NMLS.
• Must be trained in all areas of mortgage lending.
• Must maintain employer and industry required continuing education.

Preferred Knowledge and Skills

• 4 years experience originating CRA residential mortgages
• Bilingual proficiency in Spanish and English is preferred

Level of Complexity and Scope

Manages routine to moderately complex residential mortgage loan origination with an emphasis on CRA, government loan products, UW requirements, and compliance expectations. Manages the mortgage origination process from lead generation through application, documentation, disclosures, and coordination with internal partners through closing.

Degree of Independence and Decision-Making

• Works independently within established bank policies, mortgage lending guidelines, CRA objectives, and regulatory requirements.
• Assess

Required Supervisory Responsibilities

No required supervisory responsibilities

Physical Requirements

• Performs duties in an office or desk setting with extended periods of sitting and working at a computer.
• Must be able to operate standard office equipment.
• Must be able to occasionally lift and carry 15 pounds
• Occasional walking, standing, or traveling to off-site meetings, real estate offices, or community events may be required.

Compliance Statement

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Pay Range

$23.56- $28.36/hour

Benefits

We have relevant, thoughtful benefits and programs that s