Outside Loan Originator

Interlinc Mortgage Services; Round Rock (TX); On-site; USD 80,000 - 110,000; Full time

Job summary

InterLinc Mortgage Services is seeking an Outside Loan Originator in Round Rock, TX to provide residential mortgage loans, generate leads, and maintain relationships with realtors and related partners. The role requires spending more than 50% of time away from the office.

You will counsel borrowers on loan programs, originate loans with pricing and lock, disclose required documents timely, and stay current with agency guidelines and federal banking laws.

Qualifications

• 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.

Responsibilities

• Engage in the sale of mortgage loan products and services to residential mortgage customers.
• Establish and maintain relationships with realtors, builders, title companies and other related companies to generate and expand business through marketing campaigns and promotional events.
• Host community education seminars for real estate professionals.
• Identify the creditworthiness of borrowers by examining credit reports, tax returns and assets.
• Counsel borrowers on the appropriate loan programs and educate them on the mortgage loan process; respond to customer questions and concerns.
• Originate mortgage loans, including pricing and locking pre-approved loan transactions; disclose Loan Estimates and other necessary documents within required timeframes.
• Maintain current knowledge of agency and investor guidelines as well as state and federal regulations.
• Follow up on leads, loan applications, missing items, and conditions; ensure items are submitted prior to deadlines.
• Update borrowers and their agents on the status of loan applications.
• Oversee the production pipeline and resolve escalated issues to ensure loan transactions close timely.
• Provide superior customer service to achieve customer satisfaction.
• Diligently adhere to Exhibit B of Employment Agreement.

Education

High School Diploma

NMLS license

Job description

Job Details

Job Location: Round Rock, TX 78665,

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.