Mortgage Loan Originator

Foothills Bank; Casper (WY); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Paid time off

Retirement plan (401k)

Job summary

First State Bank Wyoming is seeking a motivated mortgage originator to handle first and second mortgages, loan assumptions, and endorsements. You will solicit new mortgage business, build relationships with realtors and clients, and ensure regulatory compliance.

The role requires 2-5 years of mortgage origination experience, an active NMLS ID, and knowledge of Fannie Mae/Freddie Mac guidelines. Strong communication and analytic skills are essential.

Qualifications

• 2-year college degree or equivalent
• 2-5 years of mortgage origination experience (conventional, FHA, VA, USDA, Jumbo)
• Active NMLS ID number required
• Knowledge of Fannie Mae/Freddie Mac guidelines preferred
• Bi-lingual skills a plus

Responsibilities

• Originate first and second mortgages, loan assumptions and endorsements as assigned
• Solicit new mortgage business and maintain relationships with clients, realtors, and attorneys
• Gather financial data, review credit, and prepare loan packages for underwriting
• Maintain communications with clients from application to closing and post-closing

Skills

Mortgage origination

NMLS registration

Regulatory compliance

Customer interview

Education

2-year college degree or equivalent

Job description

About The Role

First State Bank Wyoming is seeking a motivated individual to originate first and second mortgages, loan assumptions and endorsements. This key individual will solicit new mortgage business, maintain good outside working relationships, and promote the organization's products and services as well as perform other duties as needed within the branch.

DUTIES AND RESPONSIBILITIES:

• Determine financing objectives and goals. Conducts the loan interview and secures the customer information necessary to initiate a loan transaction. Provides loan information and service to customers, realtors, and others as needed.
• Receives and screens loan applications. Pulls, reviews and analyzes credit. Gathers financial data. Notifies clients to resolve discrepancies such as late payment history, judgments, etc. Discuss options. Informs clients of closing costs such as appraisals, and attorney fees.
• Prepare records and reports as requested regarding loan origination and closing activities as needed.
• Collects supporting loan documentation. Requests a personal employment and credit check of the applicant, requests an appraisal on the property and/or construction plans under consideration.
• Maintain constant communication with clients via email, phone, and mail form application to closing and post-closing. Communicate with attorneys, realtors, appraisers, and vendors pertaining to specific client needs.
• Maintains contacts and good working relationships with real estate brokers, attorneys, and builders to assure a favorable image of the organization and to provide information regarding current loan policies and procedures.
• Receives inquiries from prospective customers regarding all types of mortgages and construction loans, provides requested information regarding the organization's lending policies and procedures.
• Responsible for maintaining loan quality in compliance with Bank policy, underwriting standards and documentation requirements.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, RESPA, Regulation B, TRID and any other Mortgage related regulations.
• Adhere to First State Bank Wyoming Core Values.
• Keeps management appropriately informed of area activities and of any significant problems.
• Participate in Community Service and Bank sponsored activities that serve and support the mission and values of First State Bank Wyoming.
• Provide superior internal and external customer service: must demonstrate self-governance, courtesy and respect toward external customers as well as internal customers (all organization personnel).
• Complete required bank and BVS training courses within assigned time frame(s), or sooner at management's discretion.
• Represent First State Bank in a professional manner which includes a professional image, confidentiality, a positive "can-do" attitude, good attendance, punctuality, flexibility and adaptability in meeting bank and customer needs.

About You

QUALIFICATIONS:

• A two-year college degree or completion of a specialized course of study at a business or trade school or equivalent combination of education and experience.
• Required 2-5 years of mortgage origination experience in conventional, FHA, VA, USDA, and Jumbo loans.
• Must have and maintain an NMLS ID number (S.A.F.E. Act Registration).

KNOWLEDGE, SKILL, ABILITY:

• Incumbents are required to maintain their registration active, and current, with the National Mortgage Licensing System throughout their employment.
• Knowledge of Fannie Mae and Freddie Mac guidelines is required. Bi-lingual skills are a plus.
• Strong interpersonal skills High level of independent judgement Strong problem-solving skills Ability to work independently Basic Accounting skills – ability to analyze and understand tax returns, P&Ls, income statements and ability to prepare thorough, accurate self-employed income analysis. Excellent interviewing, communication and public relations skills. Professional appearance and attitude. Strong analytical and financial skills. Ability to operate related computer applications, and other business equipment including calculators, Strong typing skills
• Ability to apply logical or scientific thinking to define problems, collect data, establishfacts, and draw conclusions. Able to interpret a variety of technical instructions and deal with multiple variables.
• Ability to compute discounts, interest, profits, and loss; commission markup and selling price; and ratio, proportion, and percentage. Able to perform very simple algebra.

WORK ENVIRONMENT:

Sitting most of the time in an office environment.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms.

Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance. Must be capable of climbing / descending stairs in an emergency situation.

Specific lifting abilities required by this job include: Required to lift up to 10 pounds of force occasionally.

Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

What We Offer

COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a retirement savings plan, including 401(k) and Profit-Sharing plans, short and long-term disability benefits, education and training benefits, and discounts on banking products and services. We also offer a generous Paid Time Off (PTO) plan and paid holidays. PTO accruals begin at .0745 per hour worked for our part time employees up to a maximum accrual of 240 hours per year for certain Full-Time employees. PTO accruals are dependent on position, status (Full time or Part time), and years of experience in accordance with our PTO policy. Most Full-Time employees are also offered 6 paid holidays and Part Time employees are offered pro-rated paid holidays. In addition, employees in Utah and Nevada may be eligible for pay for certain state recognized holidays. Visit our website for more details. Check it out!

We are an Equal Opportunity Employer and qualified applicants, or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state, or local laws.

Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.