Mortgage Loan Originator: Grow Referrals & Close Homes

Carter Bank; Roanoke (VA); On-site; USD 54,242,000 - 84,816,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k)

Paid time off

Paid holidays

Job summary

Carter Bank in Roanoke, VA is seeking a Mortgage Loan Originator (MLO) to solicit, structure and close 1-4 family real estate loans and develop new mortgage business. The MLO will collaborate with Branch Managers to establish referral plans, and develop an external network of Realtors and builders to generate quality referrals.

The role requires taking loan applications, collecting documents, performing ratio and other calculations, underwriting submissions, and delivering a high-quality

Qualifications

• Knowledge of mortgage loan origination, underwriting, processing, documentation, and post closing review.
• Knowledge of conventional, FHA, VA, USDA, and Jumbo loan programs.
• Knowledge of the appraisal process, title insurance process, and loan closing process.
• Proven credit analysis skills.
• Knowledge of state and federal lending and compliance regulations and bank lending policies.
• Excellent organization and time management skills.
• Experience with originating loans using Loan Origination Systems.
• Intermediate math skills: calculate interest, commissions, DTI, and LTV.

Responsibilities

• Source and develop loans for residential real estate and new construction lending, both internally and externally.
• Collaborate with bank Branch Managers to establish a referral plan and system.
• Conduct regular training, share best practices and successes.
• Conducts loan interview with borrowers to understand their needs and match suitable loan solutions.
• Take applications, collect documentation and run ratio and other calculations.
• Submit complete loan files to underwriting.
• Maximize bank profitability through appropriate pricing of new loan originations and fee income.
• Work with loan team to ensure that all pertinent account documentation is complete and accurate and that all collateral has been properly secured.
• Support the bank's relationship banking culture through ongoing customer contact, quality service, and product knowledge.
• Build and maintain positive relations with all customers and co-workers.
• Perform as a team member in allocating and coordinating the work flow.
• Contribute to the fulfillment of department and company objectives and seek other banking relationships.
• Comply with all department and company policies, procedures and regulations.

Skills

Mortgage origination experience

Credit analysis skills

Customer service skills

Attention to detail

Education

High school diploma or equivalent

Job description

Carter Bank in Roanoke, VA is seeking a Mortgage Loan Originator (MLO) to solicit, structure and close 1-4 family real estate loans and develop new mortgage business. The MLO will collaborate with Branch Managers to establish referral plans, and develop an external network of Realtors and builders to generate quality referrals.

The role requires taking loan applications, collecting documents, performing ratio and other calculations, underwriting submissions, and delivering a high-quality