Mortgage Loan Originator

Mmbba; Town of Pittsford (NY); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

FSA/HSA options

Paid holidays & vacation

401(k) & ESOP

Tuition assistance

Wellness program

Volunteer opportunities

Job summary

Canandaigua National Bank & Trust Co. is seeking a Mortgage Loan Originator in Pittsford, NY to continuously solicit, negotiate, underwrite, and coordinate the closing of residential mortgage loans in accordance with lending policies.

You will promote business through referrals, market for new clients, and help achieve corporate, regional and branch goals. The role requires a bachelor’s degree in business or finance, at least two years of experience, and strong knowledge of lending activities

Qualifications

• Bachelor's degree in business or finance field or equivalent experience.
• Minimum 2 years' experience in related position.
• Knowledge of lending activities and terminology.
• Basic knowledge of commercial, construction, real estate, and consumer loan processing.
• Thorough knowledge of bank regulatory requirements.

Responsibilities

• Solicits, negotiates, underwrites, and coordinates residential mortgage loan closings per policies and procedures.
• Engages in business development and solicits new business while promoting products and services.
• Interview applicants and collect information related to loan applications; resolve questions.
• Prequalifies and analyzes financial condition and risk of financing requests.
• Assembles information to present loan requests and negotiates terms; pre-approves loans via underwriters.
• Ensure processing aligns with policies; obtain documentation and resolve processing issues.
• Research credit inquiries for credit worthiness and collateral positioning.
• Provide superior customer service and maintain communication with customers and staff.
• Apply sound decision-making within approval parameters and use instances for training.

Skills

Bachelor's degree or higher

2+ years experience

Lending terminology

Loan processing knowledge

Regulatory knowledge

Education

Bachelor's degree in business or finance

Tools

Automated Underwriting Systems

Job description

Canandaigua National Bank & Trust Co

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.