Outside Loan Originator

Interlinc Mortgage Services; Longview (TX); On-site; USD 60,000 - 110,000; Full time

Job summary

InterLinc Mortgage Services in Longview, TX is seeking an Outside Loan Originator to provide residential mortgage loans and generate leads. The role involves working more than 50% away from the office and building relationships with realtors, builders, and title companies to grow business.

Requires a high school diploma with knowledge of agency and investor guidelines; a Bachelor’s degree and an NMLS license are preferred.

Qualifications

• Requires a high school diploma and knowledge of mortgage guidelines across agencies and lenders.
• Bachelor's degree preferred and extensive experience in originating loans.
• NMLS license required for eligibility.

Responsibilities

• Sell mortgage loan products to residential customers.
• Build relationships with realtors, builders, and title companies to generate and expand business.
• Host community education seminars for real estate professionals.
• Assess borrowers' creditworthiness from reports and tax returns.
• Explain loan programs and guide borrowers through the mortgage process.
• Originates mortgage loans, including pricing and lock, and discloses estimates timely.
• Maintain knowledge of agency guidelines and state/federal banking laws and regulations.
• Update borrowers and agents on loan status and manage the production pipeline to close loans on time.
• Provide superior customer service and ensure customer satisfaction.

Education

High school diploma

Bachelor's degree

NMLS license

Job description

Job Details: Longview, TX 75601

Summary / Objective

The Outside Loan Originator provides residential mortgage loans to borrowers looking to purchase real estate or refinance an existing mortgage and generates leads to increase production. An Outside Loan Originator works greater than 50% of the time away from the office.

Essential Duties

Reasonable accommodations may be made to enable individuals with disabilities to carry out essential functions.

• Responsible for engaging in the sale of mortgage loan products and services to residential mortgage customers.
• Establishes and maintains relationships with realtors, builders, title companies and other related companies to generate and expand business through the execution of marketing campaigns and promotional events.
• Hosts community education seminars for real estate professionals.
• Identifies the creditworthiness of borrowers by examining credit reports, tax returns and assets.
• Counsels borrowers on the appropriate loan programs and educates them on the mortgage loan process. Responds to customer questions and concerns.
• Originates mortgage loans, including pricing and locking pre-approved loan transactions. Discloses Loan Estimates and other necessary documents within the required timeframes.
• Maintains current knowledge of agency and investor guidelines as well as state and federal regulations.
• Follows up on leads, loan applications, missing items, and conditions. Ensures items are submitted prior to the service-level agreement deadlines.
• Updates borrowers and their agents on the status of loan applications.
• Oversees the production pipeline and resolves escalated issues to ensure loan transactions close correctly and in a timely manner.
• Provides superior customer service to achieve customer satisfaction.
• Diligently adheres to all provisions as detailed in Exhibit B of Employment Agreement.

Qualifications

Required Education / Experience

Requires a high school diploma. Must possess working knowledge of Fannie Mae, Freddie Mac, FHA, VA, USDA, and investor guidelines and state and federal banking laws and regulations, such as TRID, TILA, RESPA, HMDA, FCRA, ECOA, SAFE Act, QM, UDAAP and Flood Disaster Protection.

Preferred Education / Experience

Preferable to have a bachelor’s degree and many years of experience in originating loans. Must possess working knowledge of Fannie Mae, Freddie Mac, FHA, VA, USDA, and investor guidelines and state and federal banking laws and regulations, such as TRID, TILA, RESPA, HMDA, FCRA, ECOA, SAFE Act, QM, UDAAP and Flood Disaster Protection.

Additional Qualifications for Eligibility

Additional qualifications for eligibility include an NMLS license.

InterLinc Mortgage is an EEO company.