Mortgage Originator

First Hope Bank; New Jersey; On-site; USD 41,000 - 50,000; Full time

Benefits offered by this job

Medical plans

Dental plans

Vision plans

401k with employer match

Annual bonus

Job summary

First Hope Bank is seeking a Residential Mortgage Originator to originate high-quality mortgage loans in line with our guidelines. You will leverage independent resources and referrals to grow your personal production.

You will pre-qualify borrowers, complete loan applications, gather qualifying documents, and explain our processes, timelines, and costs. You will also expand product outreach by partnering with Marketing and other departments, and develop/refine referral sources.

Qualifications

• Three years of mortgage origination experience in a mortgage banking or banking environment; or five years of banking experience with mortgage training.

Responsibilities

• Originate mortgage loans on assigned referrals within designated footprint.
• Assist in pre-qualification of all inquiring customers.
• Submit applications that meet company minimum margins and gather qualifying documents.
• Increase product outreach by collaborating with Marketing and other Bank departments; develop/refine referral sources.

Skills

Mortgage origination

Pre-qualification

Referral development

Customer inquiries

Job description

The Residential Mortgage Originator is responsible for the origination high quality, prudent mortgage loans based upon the established guidelines of the Bank. Leveraging independent resources along with referrals to effectively increase individual production.

Key Responsibilities

• Act as the Mortgage Loan Originator on assigned inside referrals within designated footprint.
• Assist in the pre-qualification of all inquiring customers.
• Submit applications that meet all company minimum margins.
• Complete a loan application, gather and review customer supportive qualifying documentation (after the applicant has indicated his/her intent to proceed), answer all of their questions and set proper expectations as to our processes, timeframes, and costs.
• Increase product outreach within surrounding communities to include holding informational sessions in and out of the branch network, working with the Bank’s marketing department, and working with other Bank departments.
• Develop referral sources and maintain referral sources provided to you.

Education & Experience

• Three years of mortgage origination experience in a mortgage banking or banking environment; or, five years of banking experience combined with on the job mortgage banking training.

Physical Requirements & Working Conditions

• Lobby/professional office environment with moderate sound.
• Manual dexterity and the ability to lift up to thirty (30) pounds.
• Ability to travel to branches, off-site training, and/or meetings as needed.

Schedule

• Flexible to service clients

Compensation

$45,000 Salary plus Commission

We believe our associates are our greatest asset and are proud to offer a compensation and benefits package designed to support your health, financial security, and work-life balance. Our offerings include a range of medical, dental, and vision plans, paid time off and sick leave, retirement savings plan with employer match and resources to support your well-being. Associates have the potential to benefit from a stock ownership program and annual bonus based on both individual and bank performance.