Mortgage Loan Originator

Canandaigua National Bank And Trust Co; Town of Pittsford (NY); On-site; USD 100,000 - 175,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) and retirement benefits

Paid holidays and vacation

Tuition assistance

Community volunteer programs

Job summary

Canandaigua National Bank is seeking a Mortgage Loan Originator to solicit and close residential loans in Pittsford, NY. You will work to grow business, maintain client relationships, and ensure compliance with bank policies and regulatory requirements.

The role involves interviewing applicants, gathering documentation, and coordinating the loan process from application to closing, while delivering exceptional service to customers and referrals.

Qualifications

• Bachelor’s degree in business or finance or equivalent combination of education and experience.
• Knowledge of all lending activities and terminology.
• Thorough knowledge of bank regulatory requirements.

Responsibilities

• Solicits, negotiates, underwrites, and coordinates closing of residential mortgage loans per lending policies.
• Engages in business development and promotes Canandaigua Mortgage Company products.
• Interviews applicants and collects information related to loan applications; clarifies questions.
• Prequalifies and analyzes financial condition and risk for financing requests.
• Gathers information to present loan requests for approval; negotiates terms; pre-approves loans.
• Ensures loans are processed per policy and customer needs; obtains documentation.
• Upholds superior customer service and consistent decision-making within approval parameters.

Skills

Lending knowledge

Regulatory knowledge

Customer relations

Education

Bachelor’s degree in business or finance

Equivalence: education/experience

Job description

Mortgage Loan Originator

Canandaigua National Bank

Location: Pittsford, NY

What does a Mortgage Loan Originator do?

Responsible for continuously soliciting, negotiating, underwriting, and coordinating the closing of residential mortgage loans in compliance with the Canandaigua Mortgage Company’s lending policies and procedures; promoting business for the Canandaigua Mortgage Company by maintaining good customer relations through referrals from existing customers and marketing for new clients; assisting in attaining established corporate, region and branch goals through active participation in new and existing products and sales programs; coordinating work within the division, as well as with other divisions and departments; complying with operating policies and procedures established for the mortgage loan function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.

What is needed to be successful in this role?

• A bachelor’s degree in business or finance related field, or equivalent combination of education and experience generally required;
• A minimum of two (2) years’ experience in related position required;
• Knowledge of all lending activities and terminology;
• basic knowledge of commercial, construction, real estate, and consumer loan processing;
• A thorough knowledge of all bank regulatory requirements

What are general duties?

Continuously solicits, negotiates, underwrites, and coordinates the closing of residential mortgage loans in compliance with Canandaigua Mortgage Company’s lending policies and procedures as follows:

1. Engages in business development activities and solicitation of new business; actively involved in instilling and maintaining a positive sales environment through education of Canandaigua Mortgage Company’s products and services.
2. Interviews prospective applicants and requests specified information related to loan or credit application; corresponds or re-interviews applicants to resolve questions regarding application information.
3. Performs prequalification assessment and analysis of financial condition and risk of financing requests within framework of Canandaigua Mortgage Company’s guidelines and industry trends.
4. Gathers and analyzes all information necessary to present a loan request for approval; meets with existing or potential customers; negotiates loan terms and conditions; pre-approves loans through Automated Underwriting Systems.
5. Ensures loans are processed according to agreement, customer needs and conform to Canandaigua Mortgage Company lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans within his or her book of business.
6. Ensures that credit inquiries are researched to determine credit worthiness and appropriate collateral positioning are achieved.
7. Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
8. Consistently applies good decision-making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures, keeping within assigned approval parameters and using these instances as learning tools for employee development.

Our Core Values guide how we serve, lead, and grow alongside our community. By working wholeheartedly, feeling empowered, acting with courage, being authentic, and serving with a noble spirit, WE CAN fortify healthy lives by doing what's right for our customers and the community.

Our culture nurtures passionate employees and offers great rewards including:

• Medical, dental, vision, FSA, HSA options for both part-time and full-time employees. Medical coverage is also offered for domestic partners.
• Paid holidays, vacation, and sick time.
• Retirement benefits that include a 401(k), Profit Sharing, and Employee Stock Ownership Plan (ESOP).
• Training & development opportunities.
• Tuition assistance.
• Community focused volunteer opportunities.
• Award winning wellness program that promotes a solid work/life balance.
• Banking perks and discount programs.

Our goal is to ensure that our bank, employees, and our community thrive and grow, now and for the next 135 years. We're in it for the long haul. What truly sets us apart from other financial institutions is the quality and commitment of our employees. We've assembled a diverse team of people who share a primary focus: to provide exceptional service for our customers.

As an organization, we are committed to hiring, training, developing, promoting, and celebrating employees from historically disadvantaged groups. At Canandaigua National Bank, we welcome the unique contributions that you can bring in terms of ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, religion, disability, sexual orientation, education, and culture.

Canandaigua National Bank remains an independent, community bank. If you want to be a part of something special, join us today!

Compensation

While this position is commission based, the compensation for this position is $16.00 per hour. Individuals in this role have historically earned between $100,000 - $175,000 per year, based on performance and productivity against commission plan parameters.

Canandaigua National Corporation and its subsidiaries encourage diversity in the workplace; we are an Equal Opportunity Employer. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.