Mortgage Loan Originator.

Fifth Third Bank; Lincolnwood (IL); Presencial; USD 60.000 - 110.000; Jornada completa

Descripción de la vacante

Fifth Third Bank in Lincolnwood, Illinois is seeking a Mortgage Loan Originator to manage residential loan applications from outside referrals through closing. You will build referral networks, maintain product knowledge, and ensure timely, accurate documentation and processing.

The role requires knowledge of lending guidelines, processing, underwriting and federal regulations, plus strong communication and organizational skills.

Formación

• High school diploma or equivalent required; degree preferred
• Knowledge of conventional and/or government lending guidelines
• Knowledge of mortgage processing, underwriting, and closing
• Knowledge of federal lending regulations governing real estate lending
• Strong organizational skills
• Strong written and verbal communications
• Teamwork and customer service orientation
• Computer skills and basic sales techniques
• Desire to excel in a competitive environment
• S.A.F.E. Act registration via NMLS required at employment

Responsabilidades

• Originate residential mortgage loans for outside referrals from application to closing
• Develop referral contacts (realtors, builders, professionals)
• Maintain knowledge of policies, procedures and loan products
• Follow defined protocol for escalation and exceptions
• Collect documentation and deliver loan packages within deadlines
• Manage pipeline through closing and prepare management reports
• Communicate with branches and applicants with timely updates

Conocimientos

Written and verbal communication

Teamwork and customer service

Organizational skills

Sales aptitude

Desire to excel

Risk and compliance awareness

NMLS/SAFE Act knowledge

Educación

High school diploma or equivalent

Four-year college degree preferred

Herramientas

Computer skills

Descripción del empleo

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

Performs a wide range of duties relating to the origination of residential 1st mortgage loans for outside referrals. Meets standards and objectives defined by management for mortgage loan sales and cross-selling objectives. Assumes overall responsibility for the residential mortgage loan from application to closing.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Develop referral contacts (realtors, builders, professional and personal contacts).
• Maintain knowledge of Fifth Third Mortgage Company’s policies and procedures.
• Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines.
• Follow defined protocol for escalation exceptions.
• Take applicant applications by completing Fannie Mae form 1003 on the laptop.
• Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan Prospector responses and transmitting the loan to LOMAS.
• Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management.
• Manage pipeline for all originated loans through closing and complete required management reports.
• Communicate with branches and/or applicants of providing timely updates and progress reports.
• Maintain high levels of customer service while managing each applicant’s and support staff’s expectations.
• Attend and participate in all Consumer Lending meetings as required by management.

MINIMUM KNOWLEDGEAND SKILLS REQUIRED:

• High school diploma or equivalent mandatory. Four-year college degree preferred.
• Knowledge of conventional and/or government lending guidelines.
• Knowledge of residential mortgage processing, underwriting, and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Demonstrated organizational skills.
• Strong written and verbal communications skills.
• Demonstrated teamwork and customer service skills.
• Proven computer skills.Basic sales technique skills.
• Strong desire to excel in a competitive environment.
• This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required for employment in this position.

Mortgage Loan Originator.

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION – Lincolnwood, Illinois 60712

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.