Mortgage Loan Officer

Meritrust Credit Union; Broomfield (CO); Hybrid; USD 60,000 - 90,000; Full time

Job summary

Meritrust Credit Union is seeking a Mortgage Loan Originator to originate high-quality mortgage loans while promoting credit union membership across branches in Colorado. You will build relationships with real estate professionals and members, guiding them through the mortgage process with care and expertise.

You will interview applicants, analyze credit and income documents, prepare applications, ensure compliance with guidelines, and provide clear communication throughout the process to

Qualifications

• 3–5 years of experience in market mortgage lending, preferably within a financial institution.
• Previous sales or business development experience is highly desirable.
• Experience coordinating with title companies, borrowers, and other stakeholders.
• Knowledge of federal, state, and local mortgage regulations is preferred.

Responsibilities

• Develop and maintain referral relationships to generate mortgage loan opportunities.
• Attend local networking events and seminars to promote services.
• Interview applicants to understand financial needs and recommend products.
• Analyze credit reports and income documents to assess creditworthiness.
• Prepare and submit loan applications with compliance to guidelines and policies.
• Provide clear communication throughout the loan process to ensure a smooth experience.
• Make preliminary loan decisions based on underwriting criteria.
• Maintain up-to-date knowledge of mortgage products and regulations.
• Utilize CRM to track loan pipeline and document interactions.

Skills

Analytical thinking

Attention to detail

Communication

Time management

Independence

Relationship building

Education

High School Diploma

NMLS Registration

Tools

CRM software

Loan origination software

Real estate math

Job description

This role is responsible for originating high-quality mortgage loans while actively promoting credit union membership. The ideal candidate will build strong relationships within the community, guide members through the mortgage process with care and expertise, and ensure all loans meet regulatory and internal standards.This position will rotate working through several Meritrust branch locations as well as occasionally work out of our administrative office (Meritrust Center Broomfield).ESSENTIAL FUNCTIONSDevelop and maintain strong referral relationships with real estate agents, homebuilders, financial planners, attorneys, accountants, and other professionals to generate mortgage loan opportunities and grow credit union membership.Attend local networking events, open houses, homebuyer seminars, and community functions to promote the credit union’s mortgage servicesInterview applicants to understand their financial needs and goals and recommend appropriate mortgage products.Analyze credit reports, income documentation, and financial statements to assess creditworthiness and structure loans responsibly.Prepare and submit complete and accurate loan applications, ensuring compliance with secondary market guidelines, mortgage insurance requirements, and internal credit union policies.Provide clear and timely communication to applicants throughout the loan process, setting expectations and answering questions to ensure a smooth experience.Make preliminary loan decisions based on established underwriting criteria and escalate complex cases as needed.Maintain up to date knowledge of mortgage products, interest rates, and regulatory changes to provide accurate guidance to members.Utilizes the CRM system to track loan pipeline activity, manage client and referral relationships, and ensure accurate, up to date documentation of all interactions.Uphold strict confidentiality and professionalism in all member interactions and internal communications.Represent the credit union positively through professional appearance, courteous behavior, and a commitment to exceptional service.Work collaboratively with internal and external parties to address and rectify problems promptly.Other duties as assigned.EDUCATION/CERTIFICATIONHigh School Diploma or equivalent.NMLS Registration required.REQUIRED KNOWLEDGEComprehensive understanding of mortgage loan processes.Knowledge of federal, state, and local mortgage regulations.Comfortable with basic real estate math, personal computer operations, and loan origination software.EXPERIENCE REQUIRED3–5 years of experience in market mortgage lending, preferably within a financial institution.Previous sales or business development experience is highly desirable.Experience in coordinating with title companies, borrowers, and other stakeholders.HARD/TECHNICAL SKILLS/ABILITIESStrong analytical and problem-solving skills.Excellent attention to detail and organizational skills.Ability to work independently, manage time effectively, and meet production goals.Effective communication and interpersonal skills.WORKING CONDITIONSStandard office conditions.Low to moderate noise.Limited lifting up to 10lbs.This description has been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Essential functions, requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodation will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.