Mortgage Originator

Union Savings Bank - CT; Danbury (CT); On-site; USD 65,000 - 90,000; Full time

Job summary

Union Savings Bank - CT is seeking Mortgage Originators to develop and implement the bank’s external mortgage origination process and to collaborate with the mortgage sales team leader to stay competitive in the market.

You will develop and coordinate the mortgage call program in the assigned area, focus on referral sources, and assist customers through the application process while ensuring timely submission and post-closing follow-up.

Qualifications

• Interview mortgage applicants and gather documentation to support the loan file.
• Explain financing options and program requirements to customers.
• Analyze applicant financial posture against loan criteria and risk-based pricing.
• Maintain communication with processors and customers throughout the loan lifecycle.

Responsibilities

• Develop and implement the mortgage origination process.
• Coordinate the mortgage call program with referral sources (realtors, attorneys, branch staff).
• Assist customers in completing applications and collecting required documents.
• Ensure timely submission of files to LOS and processing.

Skills

Mortgage origination

Customer service

Communication

Financial analysis

Sales coordination

Tools

Loan Origination System (LOS)

Job description

The Mortgage Originators will participate in the development and implementation of the Bank’s external mortgage origination process. In collaboration with mortgage sales team leader, develop strategies which will enable the Bank to remain competitive in the changing marketplace and meet its objectives and goals.

Sales

Develop and coordinate the Bank’s mortgage call program in assigned area focusing on referral sources such as realtors, attorneys, and branch staff.

Perform phone duty assignments as required by being available to answer cold call customers’ questions and give them guidance.

Interview mortgage applicants, assist customer in completing application and collect documentation to support application information.

Explain different financing, mortgage programs and their requirements including risk based pricing.

Analyze customer’s financial posture. Determine if it meets the loan criteria established by the Bank.

Complete application package, submit information to Loan Origination System, and submit file to mortgage processing.

Maintain contact on loan progress with processors and customers to provide assistance in collecting additional data as may be needed.

Follow up post closing with customers to ensure total satisfaction.

Submit monthly reports, as required, to team leader on a timely basis.

Maintain a high profile with and participate in local community groups and organizations, increasing the Bank’s visibility within the community.

Comply with all S.A.F.E. Act regulations including keeping registration information (including but not limited to name, home address and work address) up to date and status as active.

Provide N.M.L.S. registration number to consumers upon request and in all written communications in accordance with law, specifically on e-mail signatures and business cards.