Mortgage Loan Originator

First Financial Bank; Downers Grove (IL); On-site; USD 50,000 - 85,000; Full time

Job summary

First Financial Bank is seeking a Mortgage Loan Originator in Illinois to originate residential mortgage loans sourced from referral partners, branches, and marketing efforts. You will self-source leads, assess borrower needs, present suitable products, and guide documents through the closing process.

You will network with realtors, builders and other sources to grow the mortgage business, maintain compliance, and provide ongoing servicing to customers after closing.

Qualifications

• Minimum of 2 years’ experience originating residential mortgages (4 years preferred).
• Existing referral network established to provide mortgage leads.
• Prior experience using loan originating software and Microsoft Office products.

Responsibilities

• Originates mortgage loans sourced through referral partners, branches and marketing efforts.
• Self-sources mortgage leads and converts them into applications.
• Ensures timely closing and funding of loans and ongoing relationship servicing.

Skills

Mortgage knowledge

Networking

Microsoft Office

Loan origination software

Communication

Education

Bachelor’s degree

Tools

Loan origination software

Job description

Overview

As a First Financial Bank Mortgage Loan Originator, you will originate mortgage loans sourced through your established referral partners, retail banking branches, internal departments, and marketing efforts to builders, realtors, and other referral sources. You will self‑source mortgage leads, convert them into applications, present personalized mortgage products and solutions, produce required disclosures, procure intent to proceed, collect borrower documents to satisfy loan conditions, and work with internal departments to ensure a superior customer experience and timely loan closing.

Responsibilities

• Consistently achieve monthly loan production volume as specified in the MLO Agreement.
• Generate new business to assist in meeting established goals.
• Develop and maintain a business plan for the growth of this business area.
• Network with assigned bank branches, internal departments, employees, local organizations and businesses, realtors, builders, and other referral sources to generate mortgage leads.
• Evaluate needs of potential customers and offer appropriate mortgage products and services, or refer to an appropriate specialist within the bank.
• Prepare and compile mortgage application information for processing of mortgage loan applications.
• Ensure completeness of loan documentation.
• Oversee timely closing and funding of loans.
• Provide ongoing relationship servicing with current mortgage customers to maintain goodwill and gain additional business.
• Respond to mortgage inquiries and assist with mortgage servicing requests.
• Promote and refer other bank products and services as appropriate to customer requirements.
• Provide data to support marketing and sales promotion programs.
• Work directly with the sales manager to assist with CRA loan initiatives in the local market.

Qualifications

• Minimum of 2 years’ experience originating residential mortgages (4 years preferred).
• Existing referral network established to provide mortgage leads.
• Prior experience using loan originating software and Microsoft Office products.
• Strong product knowledge and underwriting requirements for Conventional and Government (FHA, VA, USDA) mortgage programs.
• Bachelor’s degree from a four‑year college or university, or four years of related experience and/or training, or an equivalent combination of education and experience.
• Mortgage Loan Originator License with NMLS, or ability to obtain one.
• Training in all areas of mortgage lending.
• Maintenance of employer‑ and industry‑required continuing education.

Preferred Qualifications

• Four years’ experience originating residential mortgages.

Compliance

The associate is responsible for meeting all compliance requirements imposed by First Financial Bank under state and federal law, including Bank Secrecy Act, Anti‑Money Laundering, OFAC, and Suspicious Activity reporting, as well as all other lending and deposit compliance requirements.

Pay and Incentives

This position pays at least the applicable state minimum wage plus commission opportunities based on performance. All roles are incentive eligible, except for Co‑Op, Intern, or Student positions.

EEO Statement

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.