Mortgage Originator | Gartner/Naperville

Busey; Naperville (IL); On-site; USD 53,000 - 67,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Paid time off

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability

Job summary

Busey is seeking a Mortgage Originator to develop new business and originate quality mortgage loans in line with Bank policies. You will work with internal lines of business to cross-sell other products and deepen relationships with customers.

Responsibilities include consulting with borrowers, negotiating terms, preparing applications, and ensuring timely disclosures and underwriting decisions within authority.

Qualifications

• Requires High School diploma.
• NMLS registration with SAFE Act compliance is required.
• Experience in mortgage lending or related operations is preferred.

Responsibilities

• Consult with customers to assess borrowing needs and negotiate terms.
• Assist in preparing mortgage loan applications and gather required documents.
• Make commitments on behalf of the Bank for rate terms and approvals.
• Ensure disclosures and good faith estimates are provided on time.
• Analyze financial data to support underwriting decisions within authority.
• Develop referral networks through outreach and events.

Skills

Strong communication

Sales skills

Cross-selling

Lending regulations

Underwriting guidelines

Education

High School diploma

NMLS registration (SAFE Act)

Tools

Microsoft Office

Job description

Position Summary

The Mortgage Originator is responsible for developing new business and originating quality mortgage loans in accordance with established Bank policies and procedures. This position will serve as representative of the Bank and will work with internal lines of business to cross-sell other products and services and deepen relationships.

Duties & Responsibilities

• Consult with Bank customers and non-customers regarding borrowing needs, negotiate terms and conditions, assist in preparing mortgage loan applications, and obtain all necessary documentation from applicants.
• Make verbal and written commitment on behalf of the Bank which includes rate terms, pre-qualification, mortgage commitment, etc.
• Complete each loan application and oversee all pre-processing functions in a timely manner to permit the good faith estimate and other required disclosures to be provided to applicants within the requested time period.
• Analyze financial and credit information necessary to effectively underwrite loans and recommend approval or rejection of mortgage loans within lending authority.
• Engage in outside opportunities, i.e. calls, open houses, seminars, realtor functions to develop and maintain relationships with realtors, home builders, individual contacts, and other referral sources generating feedback to increase their business relationship with the Bank.
• Identify customer’s and non-customers’ other financial needs and cross-sell other bank products and services.

Knowledge Of

• Strong oral and written communication skills
• Strong sales and customer service skills
• Cross-selling and closing skills
• Lending regulations and Bank’s underwriting guidelines and lending policies
• Loan types, products, services and documents

Ability To

• Analyze and interpret numerical data
• Take initiative to maintain the flow of work
• Perform duties under frequent time pressures
• Mortgage Originator position levels (I or II) are determined based on assigned sales goals

Education And Training

• Requires High School diploma.
• Previous related mortgage lending or operations experience is preferred.
• Previous sales experience is preferred.
• Pursuant to the Secure and Fair Enforcement for Mortgage Licensing Act (“SAFE Act”), all Mortgage Originators are required to maintain current registration with the Nationwide Mortgage Licensing System & Registry (“NMLS”). If such registration is not active as of the hire date, the Mortgage Originator must immediately attain active registration upon employment. Mortgage Originators who fail to maintain an active and current registration will be unable to originate mortgage loans and may be subject to disciplinary action, up to and including termination of employment.
• Requires knowledge of Microsoft Office.

Benefits And Compensation

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Salary Range: $53,000-$67,000/annually)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us.

• 401(k) match
• profit sharing
• employee stock purchase plan
• paid time off
• medical
• dental
• vision
• company-paid life insurance and long-term disability
• supplemental voluntary life insurance
• short-term and long-term disability
• wellness incentives
• employee assistance program
• pre-tax health savings accounts
• flexible spending accounts

Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies (“Agency”), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings (“Agreement”). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.