Mortgage Loan Originator

Homebase Credit Union; Virginia (MN); Hybrid; USD 36,000 - 44,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with company match

Paid time off

Job summary

Homebase Credit Union seeks a Mortgage Loan Originator to handle all residential mortgages, guiding clients from inquiry to closing. You will assess needs, pre-qualify buyers, and coordinate with processors and lenders to ensure timely closings.

The ideal candidate has strong sales and financial knowledge, plus a license (NMLS). Hybrid work options and a competitive benefits package are offered.

Qualifications

• High school diploma or equivalent required; bachelor’s degree in finance, business, or related field preferred
• Active Mortgage Loan Originator (MLO) license (NMLS) required
• Proven experience in mortgage lending, banking, or financial services
• Strong understanding of mortgage products and underwriting guidelines

Responsibilities

• Consult with prospective and existing clients to assess financial situations and home financing needs
• Recommend appropriate mortgage products (e.g., conventional, FHA, VA, jumbo loans)
• Collect and analyze financial documentation, including income, credit history, assets, and liabilities
• Pre-qualify and pre-approve borrowers based on lending guidelines
• Complete and submit accurate loan applications and required disclosures
• Maintain ongoing communication with clients throughout the loan process
• Coordinate with processors, underwriters, appraisers, and title companies to ensure timely closings
• Ensure compliance with all federal, state, and company lending regulations
• Develop and maintain referral networks with real estate agents, builders, and other partners
• Monitor market trends, interest rates, and competitor offerings

Skills

Communication skills

Sales ability

Negotiation

Client relationships

Organization

LOS software

MS Office

Mortgage products

Education

High school diploma or equivalent

Bachelor’s degree preferred

MLO license (NMLS)

Tools

LOS systems

Microsoft Office

Job description

At Homebase Credit Union, we believe that our employees are our key to our success. We are strongly committed to hiring exceptional employees and providing them with an exceptional work environment and career opportunities.

Job Satisfaction

We strive to ensure that challenge, opportunity and reward contribute to an overall satisfying work experience for each employee.

Teamwork

We emphasize a cooperative and friendly team approach, with respect to the individual. We believe that outstanding service starts with treating each other as members.

We invest time and resources in the development of our employees because we strongly believe their progress is closely tied to the future success of our credit union.

Homebase Credit Union offers a competitive benefit package including:

• Medical, dental, and vision insurance with matching HSA contribution
• Company-paid long term disability coverage
• Voluntary short term disability coverage
• Company-paid and voluntary life insurance
• 401(k) - 3% non-elective company contribution with immediate vesting
• 401(k) - additional 3% matching contribution
• Generous paid time off and holiday pay

Current Openings

Mortgage Loan Originator

Member Advantage Mortgage seeks a Mortgage Loan Originator to handle all mortgages for Homebase Credit Union.

The Mortgage Loan Originator is responsible for originating residential mortgage loans by helping clients navigate the home financing process. This role involves assessing borrower needs, recommending suitable loan products, and guiding applicants from initial inquiry through closing. Success in this role requires strong sales ability, financial knowledge, and a customer-focused approach.

Key Responsibilities

• Consult with prospective and existing clients to assess financial situations and home financing needs
• Recommend appropriate mortgage products (e.g., conventional, FHA, VA, jumbo loans)
• Collect and analyze financial documentation, including income, credit history, assets, and liabilities
• Pre-qualify and pre-approve borrowers based on lending guidelines
• Complete and submit accurate loan applications and required disclosures
• Maintain ongoing communication with clients throughout the loan process
• Coordinate with processors, underwriters, appraisers, and title companies to ensure timely closings
• Ensure compliance with all federal, state, and company lending regulations
• Develop and maintain referral networks with real estate agents, builders, and other partners
• Monitor market trends, interest rates, and competitor offerings

Education and Experience

• High school diploma or equivalent required; bachelor’s degree in finance, business, or related field preferred
• Active Mortgage Loan Originator (MLO) license (NMLS) required
• Proven experience in mortgage lending, banking, or financial services
• Strong understanding of mortgage products and underwriting guidelines

Knowledge, Skills and Abilities

• Excellent communication, sales, and negotiation skills
• Ability to build and maintain client relationships
• High level of organization and attention to detail
• Proficiency in loan origination systems (LOS) and Microsoft Office Excellent customer service skills

Preferred Skills

• Established network of referral partners
• Experience meeting or exceeding sales targets
• Knowledge of compliance regulations (e.g., RESPA, TILA, TRID)
• Ability to work independently and manage a pipeline of loans Compensation & Benefits
• Medical, Dental, and Vision Insurance
• Paid time off and holidays
• 401K with match
• Base salary of $40,000 plus commissions of up to $200,000
• Ongoing training and professional development

Work Environment: Mortgage Loan Officers typically work in the credit union branch, with hybrid work model available as well.

NOTE: Electronic mail is not secure, and confidential information (such as social security number, account number, etc.) should not be communicated in this manner.

EQUAL OPPORTUNITY EMPLOYER
Homebase Credit Union provides equal opportunity in all employment practices to all qualified applicants and employees without regard to race and color (including hair and traits associated with race), religion, sex (including sexual orientation or gender identity), national origin, age, genetic information, or any other category protected by applicable federal, state or local law. Those applicants requiring reasonable accommodation to the application and/or interview process should notify the Human Resources Department.