Mortgage Originator

Talentify; Newport News (VA); On-site; USD 65,000 - 95,000; Full time

Job summary

BayPort Credit Union in Virginia seeks a Mortgage Originator to deliver excellent member service by informing applicants about mortgage products and guiding them through the process in Newport News. You will assist with applications, review documents, and coordinate disclosures to ensure smooth processing.

Qualified candidates have 2–4 years of residential mortgage experience, knowledge of conventional, VA, and FHA loans, and strong customer service skills.

Qualifications

• Education equivalent to a four-year high school education plus some post-secondary technical coursework.
• 2–4 years of residential mortgage experience.
• Knowledge of mortgage processes and loans (conventional, VA, FHA).

Responsibilities

• Meet with loan applicants to identify needs and collect information to start the mortgage process.
• Acquire authorization to obtain credit reports. Review credit report data to determine eligibility and best product.
• Upload all data into the loan operating system to ensure RESPA and HMDA information is recorded properly.
• Determine loan amount, loan-to-value, and debt-to-income based on product guidelines.
• Utilize underwriting engine to validate a conditional approval or denial.
• Issue a conditional pre-approval to purchase money applicants when appropriate.
• Deliver a loan estimate, application, and disclosures within required timeframes.
• Explain membership, appraisal fees, and set timelines.
• Gather necessary documents prior to submission.
• Develop realtor relationships.
• Perform other duties as assigned.

Skills

Core Values Alignment

Customer service

PC & Office equipment

MS Office (Word/Outlook/Excel)

Detail-oriented

Phone skills

Education

High school + technical courses

Job description

POSITION SUMMARY:

The primary purpose of this position is to provide excellent member service to current and potential Credit Union members. This is accomplished by notifying current and potential credit union members of mortgage product details and evaluating each members’ situation to suggest which mortgage product would most accurately meet their needs. Other duties include assisting members with filling out the mortgage application; reviewing applications for completeness, ensuring that all necessary documents are provided with the application, and sending out initial disclosures. The Mortgage Originator is also responsible for maintaining a loan application database, coordinating with Private Mortgage Insurance companies when applicable, and performing other duties as requested.

ESSENTIAL FUNCTIONS AND SUPPORTING DUTIES:

• Meet with loan applicants to identify their needs and collect information to start the mortgage process.
• Acquire authorization to obtain credit reports. Obtain and review credit report data to determine potential eligibility and what product may best suite the applicants needs and or request.
• Upload all data into the loan operating system to ensure all RESPA and HMDA information is recorded properly.
• Utilize the data supplied by the applicant the Mortgage Loan Originator is to determine the loan amount, loan to value, and allowable debt to income based on product guidelines.
• Responsible for utilizing the appropriate underwriting engine to validate a conditional approval or denial.
• Issue a “conditional” pre-approval to purchase money applicant(s) if appropriate.
• Responsible for delivering a loan estimate to the applicant(s), loan application and disclosures within required timeframe to remain compliant.
• Explain Credit Union membership, appraisal fee, and set timelines.
• Gather necessary documents prior to submission.
• Maintain a company-provided cell phone with accessibility during and after working hours, to include evenings and weekends.
• Perform tasks and duties during non-traditional working hours to meet the needs of the member(s) and company, this may include evenings and weekends.
• Develop and maintain realtor relationships.
• Perform other duties as assigned.

QUALIFICATIONS AND REQUIREMENTS:

Required Education: Education equivalent to a four-year high school education plus some additional post-secondary technical course work

Required Experience: 2 – 4 years of residential mortgage experience.

Required Knowledge: Working knowledge of mortgage processes and mortgage loans (conventional, VA, FHA).

Skills and Abilities:

• Ability to adhere to BayPort Credit Union’s Core Values: Integrity, Be Bold, Compassion, Diversity, Innovation, It’s On Me, and One Team.
• Ability to operate a PC, calculator, and other job-related office equipment.
• Strong customer service skills to include telephone skills, well organized and attentive to detail.
• Proficient computer skills including Microsoft Office programs such as Word, Outlook, and Excel.
• Ability to maintain current knowledge of department changes, processes, and procedures.

This job description is not an all-inclusive list of the responsibilities, skills, working conditions or essential functions of this job. Management reserves the right to modify, add or remove essential functions as business needs warrant.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and reserve the right to perform pre-employment substance abuse testing.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.