Mortgage Loan Originator

Landmark Credit Union; McHenry (IL); On-site; USD 25,000 - 34,000; Full time

Benefits offered by this job

Paid time off

Health, dental, and vision insurance

Retirement benefits

Career and professional development

Employee assistance program

Education assistance

Holiday pay

Job summary

Landmark Credit Union in Illinois seeks a Mortgage Loan Originator to serve as the first point of contact for members seeking mortgage guidance. You will manage applications to closing and build strong relationships with realtors and builders within the local community.

You must have five years of lending experience, two years as a commissioned MLO, and NMLS registration. The role requires excellent communication and confidentiality, with ongoing knowledge of loan products and underwriting

Qualifications

• Minimum five years of lending experience, including two years as a commissioned mortgage loan officer.
• Must have NMLS registration.
• Thorough understanding of mortgage products.
• Ability to use programs and systems for deposits and loans.

Responsibilities

• Build relationships with realtors, builders and centers of influence in the local community.
• Cultivate branch relationships by attending meetings and coaching staff.
• Manage pipeline from origination through closing.
• Take mortgage loan applications, obtain credit reports and submit paperwork to underwriters.
• Cross-sell Landmark products and services and refer to Investment Center.
• Represent Landmark in the community through activities.
• Attend Mortgage Originator meetings.
• Address member problems and questions as needed.
• Stay up-to-date on loan products, processing procedures and underwriting guidelines.
• Perform other duties as assigned.

Skills

Mortgage lending experience

NMLS registration

Excellent communication skills

Independent judgment

Education

High school diploma or equivalent

Job description

At Landmark Credit Union, we succeed by putting people first - and that starts with you. Our culture of inclusion and collaboration enables us to support our members' financial wellbeing, positively impact the communities we serve, and help our associates grow their careers. Bring your authentic self to work as part of an organization where you'll feel valued for your unique qualities, are enabled to reach your full potential, and are recognized for your contributions to our success. We strive to ensure you feel empowered to grow and succeed, while also feeling valued and taken care of, as we all do our part to put people first. We invite you to learn more about this and other opportunities at Landmark Credit Union.

NATURE AND SCOPE

Reports to the Manager, Mortgage Lending. Strives to maintain Landmark Credit Union's reputation for providing the most competitive mortgage rates and highest quality customer service. The Mortgage Loan Originator (MLO) serves as the initial point of contact with new and existing members seeking mortgage loan guidance. Mortgage Loan Officers stay involved in the community in which they work.

REQUIREMENTS

1. 1. High school diploma or equivalent, and a minimum five years of lending experience with a minimum of two years of experience as a commissioned mortgage loan officer with proven production volume. Equivalent combination of education and experience will also be considered.
2. 2. Must have a National Mortgage Licensing System registration (NMLS#).
3. 3. Must have or develop a thorough understanding of all types of mortgage products.
4. 4. Experience or be able to gain proficiency in all programs and systems used for this job, including systems related to deposit and loan products.
5. 5. Excellent verbal and written communication skills, problem solving skills, organizational skills and the ability to work independently.
6. 6. Must have the ability to use independent judgment and discretion in various situations while maintaining a high degree of confidentiality.
7. 7. Must develop a thorough understanding of company policies and procedures as they relate to this position. Must comply with all company policies and procedures and job related state and federal laws and regulations.

PRINCIPAL ACCOUNTABILITIES

1. 1. Builds relationships with realtors, builders and other centers of influence within the local community.
2. 2. Cultivates branch relationship by attending regular branch meetings and coaching branch staff.
3. 3. Manages pipeline for all originated loans, from origination through closing.
4. 4. Takes mortgage loan applications, obtains credit reports and completes/ submits necessary paperwork to mortgage underwriters.
5. 5. Cross sells Landmark's other products and services and makes referrals to Landmark's Investment Center.
6. 6. Represents Landmark Credit Union in the community by becoming actively involved in appropriate community activities.
7. 7. Attends and participates in all Mortgage Originator meetings.
8. 8. Handles member problems and questions as needed.
9. 9. Keeps up-to-date on Landmark's loan products, processing procedures and underwriting guidelines.
10. 10. Performs other duties as assigned.

Benefits Offered:

• 1. Paid time off
• 2. Health, dental, and vision insurance
• 3. Retirement benefits
• 4. Career and professional development
• 5. Employee assistance program
• 6. Education assistance
• 7. Holiday pay

Pay Range:

$18.35/hr plus a commissioned mortgage loan originator incentive program