Mortgage Loan Originator

Telhio Credit Union; Gahanna (OH); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical plan options

Dental insurance

Vision coverage

Life insurance

Disability insurance

401(k) with company match

Paid holidays and vacation

Job summary

Telhio Credit Union in Ohio seeks an Outside Mortgage Loan Originator to drive first mortgage applications from external sources and expand the member base. You will network with Realtors, Builders, and business partners while guiding transactions from origination to closing.

Strong communication, time management, and regulatory knowledge are essential. Success requires meeting production goals, building lasting relationships, and upholding Telhio's core values of care, commitment, and integrity

Qualifications

• High school diploma or GED required; bachelor's degree preferred.
• Experience in mortgage origination or sales is beneficial.
• Strong communication and analytical abilities are essential.
• Ability to manage time and work in a fast-paced environment.

Responsibilities

• Originates first mortgage loan applications from internal and external sources to meet production goals.
• Evaluates ratios and recommends the best product for the member.
• Communicates with members, realtors, title agents, processors, and underwriters throughout the process.
• Meets monthly and quarterly loan production goals.
• Develops joint relationships with realtors, builders, branches, and business partners.
• Complies with BSA, OFAC, and other regulations; stays current on applicable rules.
• Utilizes CRM and coordinates marketing campaigns; follows up on leads within 24 hours.

Skills

Time management

Effective communication

Analytical skills

Quantitative skills

Fast-paced environment

Education

High School Diploma / GED

Bachelor's degree preferred

Tools

Microsoft Office (Excel, Word, Outlook)

Job description

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.

Position Summary:

The Outside Mortgage Loan Originator is the individual that originates first mortgage applications from internal and external lead sources focusing heavily on outside lead generation to meet or exceed closed loan production goals. The Outside Mortgage Loan Originator maximizes Telhio's visibility within the business community to achieve organizational goals. This individual will also work to expand their own network of relationships by networking with Realtors, Builders, Branches, Business Development, Business Services, Attorney's, and Investment Bankers.

What you will do:

• Originates first mortgage loan applications from both internal and external sources to meet or exceed
  Mortgage closed loan production goals.
• Evaluates ratios to make preliminary recommendation based on initial information and establishes the best
  product for the member.
• Effectively communicates with all parties to the transaction throughout the loan process from origination to
  post closing (Member, Realtor, Title Agent, Processor, Underwriter, Closer, etc.)
• Meets minimum required monthly and quarterly closed loan production goals.
• Cultivate internal and external relationships that provide viable and consistent leads (Realtors, Builders, Branches, Business Development, Business Services and Investment).
• Maximizes Telhio’s visibility within the Business and Real Estates community to achieve organizational goals.
• Operates within compliance with all required regulations and polices including all Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) policies, procedures and regulations
• Stays up to date on all regulations applicable to job responsibilities.
• Communicates effectively with members and co-worker in a organized manner.
• Obtains Minimum of 20% of Closed Loan Production of Outside Referral Sources.
• The "face" of Telhio Credit Union mortgage department; perform all work in a manner which upholds/embodies Telhio's Core Values.
• Offer cross sell opportunities where appropriate (Investment Referrals, Business Development, Branch Referrals, Home Equity, Visa, Checking).
• Actively utilizes encompass CRM and assigns marketing campaigns consistently.
• Works all assigned leads and lead lists in a timely manner.
• Follows up with lead within 24 hours of receipt and documents outcome on monthly Mortgage pipeline report.
• Consistently stays involved in community networking groups and volunteerism.

What you will need:

• High School Diploma / GED Required
• Bachelor's Degree preferred
• 1-3 years Mortgage Sales Origination
• Knowledge of Fannie Mae and Freddie Mac & Underwriting Regulations associated
• Knowledge of FEMA Regulations and Requirements
• Knowledge of Equal Credit Opportunity Act
• Experience in underwriting to various “Investor Regulations”
• Knowledge of banking products and service offerings
• Experience in following MLO process and procedures
• Time Management
• Effective communication skills (oral and written)
• Analytical and quantitative skills
• Ability to work in a fast-paced environment
• Flexibility relative to Work Schedule
• Willing to work overtime some weekends required.
• Microsoft Office Excel, Word, Outlook
• Telhio applicants must be able to pass a background check including: Credit, Drug Screen, Bondability, & Criminal Background
• Must have a valid/unexpired driver's license, some local travel required

What you will earn:

• Competitive base pay and incentive
• Benefits: several medical plan options, dental, free vision, free life and free disability insurance
• 6% matching and immediately vested 401(K) plan
• Generous schedule for paid holidays, vacation and personal time for a healthy work-life balance
• Opportunity for personal career growth, continued education and mentorship programs
• Opportunities impacting the local community

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 accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, you will need to have good manual dexterity as well as speaking and hearing ability. This position requires sitting; some reaching; standing; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds. It is expected that the employee will read, compile, compute and record numerical and statistical data. Must drive occasionally.

This is a Non-Collective Bargaining Unit.

Telhio is an Equal Opportunity Employer.