Mortgage Loan Originator

Fifth Third Bank; Orlando (FL); On-site; USD 55,000 - 95,000; Full time

Job summary

Fifth Third Bank in Orlando, FL is seeking a Mortgage Loan Originator to manage the entire residential loan process from application to closing. You will develop referral networks with realtors and builders while ensuring adherence to policies and regulatory requirements.

The role emphasizes customer service, timely updates, and accurate documentation, with compensation largely incentive-based along with base salary or draw, and access to comprehensive benefits.

Qualifications

• Two years mortgage lending experience required.
• Knowledge of conventional and/or government lending guidelines.
• Familiar with residential mortgage processing, underwriting and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Established local referral sources and an existing mortgage sales record.
• Strong communication, organizational and customer service skills.
• Able to work in a competitive environment and achieve sales targets.
• S.A.F.E. Act registration (NMLS) required at employment.

Responsibilities

• Develop referral contacts with realtors, builders, and professionals.
• Maintain knowledge of Fifth Third Mortgage Company policies and procedures.
• Know loan products, processing procedures, underwriting and guidelines.
• Follow escalation protocol for exceptions.
• Take applications by completing Fannie Mae 1003 on the laptop.
• Use laptop to access rates, credit reports, Loan Prospector, and transmit to LOMAS.
• Collect documents and deliver loan packages within management timeframes.
• Manage pipeline through closing and complete required reports.
• Communicate updates to branches and applicants.
• Maintain high levels of customer service for applicants and staff.
• Attend Consumer Lending meetings as required.

Skills

Mortgage lending experience

Customer service

Strong communication skills

Organizational skills

Sales techniques

Teamwork

Computer skills

Problem solving

Education

High school diploma or equivalent

Four-year college degree preferred

Tools

Fannie Mae 1003

Loan Prospector

LOMAS

NMLS registration

Laptop/computer

Job description

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.

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 Knowledge And 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.
• Must have two years for mortgage lending experience.
• Must have an established book of local referral sources.
• Must have existing mortgage sales of $1million per month.
• 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 -- Orlando, Florida 32801

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

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.