Mortgage Loan Originator

Global Credit Union; Branch (LA); On-site; USD 21,500 - 53,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision insurance

401(k) plan with a 5% match

Tuition Reimbursement

Generous leave programs

Job summary

A financial services organization is seeking a Mortgage Loan Originator to handle loan origination and build strong relationships within the real estate profession. This entry-level full-time role requires a Bachelor's degree in Business Administration and relevant lending experience. The position offers a salary range of $21,500 - $53,000 annually, and includes performance-based commission, comprehensive benefits, and a supportive work environment.

Qualifications

• Two years of real estate lending experience, with one year as a loan officer/originator.
• Proven ability to develop sources of mortgage loan application business.
• Good working knowledge of applicable laws, regulations, and programs.

Responsibilities

• Originate mortgage loans and promote related programs.
• Develop and maintain loan referral relationships with industry professionals.
• Ensure accurate processing and compliance with regulatory requirements.

Skills

Attention to detail

Strong selling skills

Communication skills

Education

Bachelor's degree in Business Administration

Advanced industry courses in real estate lending

Job description

Join to apply for the Mortgage Loan Originator role at Global Credit Union

Overview

Reports To: Varies by location

Primary Functions: Originate mortgage loans and promote related programs within the real estate profession and through personal networks.

Duties and Responsibilities

• Market mortgage loan programs to the real estate sales industry and to personal contacts.
• Develop and maintain loan referral relationships with professionals in real estate, accounting, legal and financial planning fields.
• Interview buyer/applicants and originate investor mortgage loans. Accept applications and input them to the origination system, provide required estimates and disclosures, and gather required documentation and fees to process mortgage loans.
• Ensure all loans are originated, disclosed and/or re-directed accurately and timely within all established regulatory compliance requirements and timeframes.
• Ensure accurate processing is completed in a timely manner and prepare for submission to underwriting.
• If the loan is approved, take final steps to ensure a smooth closing. If the loan is declined, verbally advise the borrower and issue applicable refunds. Return any documents not pertaining to credit.
• Conduct sales presentations for Realtors as necessary to enhance business relations.
• Perform other duties as assigned.

Qualifications

Education: Bachelors degree in Business Administration with advanced industry courses in real estate lending.

Creditable Experience in Lieu of Education: Two years of real estate lending experience with at least one year at the loan officer/originator level. Advanced industry courses in real estate lending.

Experience/Skills: Strong attention to detail and ability to perform industry related analysis required. Strong selling and communication skills. A good working knowledge of all aspects of real estate lending including knowledge of all applicable laws, regulations and programs. Proven ability to develop sources of mortgage loan application business.

Compensation

Mortgage Loan Originator (Category 19)

Salary Pay Range: $21,500 - $53,000 annually. Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above. This position is eligible for performance-based commission.

In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.

Benefits

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

Equal Opportunity Employer

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Finance and Sales

Equal opportunities are provided to all applicants and employees without regard to any legally protected status.