Mortgage Loan Originator

Centennial Bank; Winter Park (FL); On-site; USD 52,000 - 90,000; Full time

Job summary

Centennial Bank is seeking a Mortgage Loan Originator to solicit residential first mortgages through Realtors, builders, and developers in the Winter Park, FL area. The role involves interviewing loan applicants, making credit decisions, and developing referral networks within the bank region.

Responsibilities include maintaining knowledge of loan products, taking borrower applications, and ensuring timely delivery of loan packages to processors.

Qualifications

• Reading, analyzing, and understanding general business articles and professional journals; ability to speak effectively before groups of customers or employees.
• Ability to perform numerical calculations including discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
• Solving practical problems and interpreting varied instructions.
• Broad knowledge of fields such as accounting, marketing, business administration, finance; equivalent to a four-year college degree plus related experience.

Responsibilities

• Solicits residential first mortgages through contacts with Realtors, builders, and developers.
• Interview loan applicants and make credit decisions.
• Develop referral contacts within the bank region and handle referrals with follow-up.
• Analyze financial data to determine creditworthiness.
• Maintain knowledge of loan products, processing procedures and underwriting guidelines.
• Take borrower applications and transmit to processor with required documents.
• Maintain high levels of customer service while managing expectations of applicants and staff.
• Attend and participate in lending meetings; complete compliance training as necessary.

Skills

Communication skills

Analytical ability

Critical thinking

Mathematical skills

Education

Bachelor's degree or higher

Tools

10-Key

Accounting

Job description

GENERAL DESCRIPTION OF POSITION

The Mortgage Loan Originator solicits residential first mortgages through contacts with Realtors, builders, and developers. Interview loan applicants and make credit decisions. The MLO is responsible for handling referrals and developing referral contacts within the bank region.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Work with assigned branch office to ensure awareness of home loan products.
• Handle referrals from branch office and provide appropriate follow-up.
• Develop referral contacts (realtors, builders, professional and personal contacts).
• Analyze financial data to determine creditworthiness.
• Maintain knowledge of available loan products, processing procedures and underwriting guidelines.
• Take borrower applications.
• Utilize communication and access of daily rates, credit reports and DU responses and transmitting to processor.
• Collect appropriate documentation from each applicant and deliver loan package to processor in a timely manner.
• Maintain high levels of customer service while managing each applicant's and support staff's expectations.
• Attend and participate in all lending meetings as required.
• Complete BSA/AML training and other compliance training as necessary.
• Perform any other related duties as required or assigned.

Requirements

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 4 years related experience and/or training, and 2 years related management experience, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to read, analyze, and understand general business/company related articles and professional journals; Ability to speak effectively before groups of customers or employees.

Mathematical Skills

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Intermediate: 10-Key, Accounting

RESPONSIBILITY FOR WORK OF OTHERS

The level of direct supervisory responsibility for the assignment of job duties, training, leadership, guidance, needs of employees, hiring, terminating and/or direction of the effort of others. Scoring will depend upon the number and classification of people normally supervised or directed, and the scope of complexity of the operations involved in the supervisory responsibility. (Job classification which involves no supervision will not be assigned a point value for this factor.) No supervision. Supervises the following departments:

WORKING CONDITIONS

Somewhat disagreeable working conditions. Continuously exposed to one or two elements such as noise, intermittent standing, walking; and occasional pushing, carrying, or lifting.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations. Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks. While performing the functions of this job, the employee is frequently required to sit; and occasionally required to stand, walk, stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds.

ADDITIONAL INFORMATION

Not indicated.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, or veteran status.

Employer is an affirmative action/equal opportunity employer. All Qualified applicants will receive consideration for employment without regard for race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with a disability.

"This Contractor and subcontractor shall abide by the requirements of 41 CFR-60-300.5(a). This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans."