Mortgage Loan Originator Associate - Fast-Growing Lender

The Omidyar Group; Newtown (PA); On-site; USD 55,000 - 90,000; Full time

Benefits offered by this job

Health benefits

HSA & FSA

Dental & Vision

401K with company match

Flexible PTO

ESST

Job summary

Luminate Bank is seeking a Loan Originator Associate to support the mortgage lending team and assist branch Loan Originators in evaluating borrower needs and recommending appropriate loan solutions. You will prepare complete loan packages and coordinate with processing teams throughout the loan lifecycle.

This role favors licensed mortgage professionals who excel at reviewing borrower qualifications, interpreting investor guidelines, and maintaining organized files.

Qualifications

• Bachelor's degree or equivalent combination of education and relevant work experience.
• 2+ years mortgage industry experience.
• Current NMLS Mortgage Loan Originator license, or ability to obtain and maintain licensure.
• Experience reviewing loan files and working with mortgage guidelines preferred.
• Strong knowledge of underwriting guidelines and loan products.

Responsibilities

• Assist Loan Originators with borrower consultations and loan scenario analysis.
• Evaluate borrower qualifications and recommend loan products that align with customer needs and company lending guidelines.
• Complete mortgage applications and collect all documentation required to process residential mortgage loans.
• Review loan files for completeness, accuracy, and loan eligibility.
• Research agency, investor, and program guidelines to determine loan viability and identify appropriate financing solutions.
• Assist in structuring loan scenarios and resolving qualification challenges.
• Maintain an active working knowledge of mortgage products, underwriting guidelines, compliance requirements, and industry regulations.
• Coordinate with processing, underwriting, and closing teams to help ensure timely loan closings.
• Manage multiple loan files while maintaining exceptional attention to detail and follow-through.
• Develop and maintain relationships with borrowers and referral partners as appropriate.
• Originate mortgage loans on an individual basis when opportunities arise.
• Attendance is an essential function of this position.
• Perform other duties and special projects as assigned.

Skills

Mortgage underwriting

Attention to detail

Analytical skills

Communication skills

Multitasking

Microsoft Office

Education

Bachelor's degree or equivalent

2+ years mortgage industry experience

NMLS license eligible

Tools

Mortgage origination systems

Microsoft Office

Job description

Luminate Bank is seeking a Loan Originator Associate to support the mortgage lending team and assist branch Loan Originators in evaluating borrower needs and recommending appropriate loan solutions. You will prepare complete loan packages and coordinate with processing teams throughout the loan lifecycle.

This role favors licensed mortgage professionals who excel at reviewing borrower qualifications, interpreting investor guidelines, and maintaining organized files.