Mortgage Loan Originator I

Simmons Bank; Des Peres (MO); On-site; USD 55,000 - 85,000; Full time

Job summary

Simmons Bank in Des Peres, MO is seeking a Mortgage Loan Originator I to cultivate mortgage loans and other business through relationship development with realtors, builders, title companies and others in the community.

You will originate mortgage loan applications, negotiate terms, gather information, provide product guidance, and ensure disclosures comply with mortgage regulations while managing rate locks and pipeline risk.

Qualifications

• Requires knowledge of mortgage origination processes and state/federal regulations.
• Ability to read financial documents and explain product options.
• NMLS license required or active.

Responsibilities

• Originates mortgage loan applications
• Negotiates terms and rates of the loans
• Obtains customers' vital information and provides expert advice relative to product options
• Provides all required disclosures and notices to customers in compliance with all mortgage related regulations
• Secures interest rate lock-ins with investors
• Manages pipeline so as to protect the bank from interest rate risk
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures
• Performs other duties and responsibilities as assigned.

Skills

Mortgage origination

Relationship building

Regulatory compliance

Communication

Negotiation

Education

HS Diploma/GED

Tools

MS Office

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Mortgage Loan Originator I cultivates mortgage loans and other business for the bank through relationship development with realtors, builders, title companies and others within the community.

Essential Duties and Responsibilities

• Originates mortgage loan applications
• Negotiates terms and rates of the loans
• Obtains customers' vital information and provides expert advice relative to product options
• Provides all required disclosures and notices to customers in compliance with all mortgage related regulations
• Secures interest rate lock-ins with investors
• Manages pipeline so as to protect the bank from interest rate risk

• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.

Qualifications

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

Skills

• Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations
• Ability to read, analyze and interpret financial report and/or legal documents
• Ability to write routine reports and business correspondence
• Ability to respond in writing to customer complaints, regulatory agencies or members of the business community
• Ability to effectively present information in one-on-one and small group situations, to customers, clients and other employees in the organization

Education and/or Experience

• Minimum 2-3 years of mortgage origination
• HS Diploma/GED

Computer Skills

• MS Office programs

Certificates, Licenses, Registrations

• NMLS license

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.