Outside Loan Originator

Interlinc Mortgage Services; Washington (MO); On-site; USD 65,000 - 95,000; Full time

Job summary

InterLinc Mortgage is seeking an Outside Loan Originator to provide residential mortgage loans and generate leads. This role requires frequent field work, with more than 50% time spent away from the office.

You will engage with realtors, builders, and title companies, explain loan options, and guide borrowers through the mortgage process from application to closing.

Qualifications

• Requires a high school diploma and knowledge of agency/investor guidelines.
• Preferred to have a bachelor’s degree with many years of loan origination experience.
• 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.
• Establishes and maintains relationships with realtors, builders, title companies and other related companies to generate and expand business through marketing campaigns and promotional events.
• 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.
• Oversee 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.

Education

High school diploma

NMLS license

Bachelor’s degree (preferred)

Job description

Job DetailsJob Location: Washington, MO 63090

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.
• Oversee 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.

QualificationsRequired 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.