Real Estate Loan Originator

Multipli Credit Union; Columbia Township (MO); On-site; USD 60,000 - 100,000; Full time

Job summary

Multipli Credit Union is seeking a Real Estate Loan Originator to build relationships in the community and guide members through the mortgage process. You will analyze loan requests, make credit decisions, and promote the Credit Union’s mortgage products to meet member needs.

The role emphasizes developing business, delivering excellent service, and maintaining current knowledge of mortgage products and market factors.

Qualifications

• Three to five years of related mortgage lending experience.
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• A two-year college degree or a specialized certification/licensing.
• Excellent communication and interpersonal skills; ability to influence and sell ideas or services.

Responsibilities

• Market the mortgage lending program to real estate professionals and individuals.
• Review loan documents to ensure buyer, property, and loan conditions meet standards.
• Approve or request information; establish loan terms and conditions.
• Cross-sell other Credit Union services.
• Evaluate loan's acceptability for secondary markets.
• Assemble and maintain loan documentation; stay informed on mortgage trends.

Skills

Mortgage lending experience

Communication skills

10-key calculator

Education

Two-year college degree

Certifications or licensing

Vendor training or apprenticeship

Job description

As a Real Estate Loan Originator with Multipli Credit Union, you'll build relationships throughout the community, guide members through the mortgage process, and provide financing solutions that fit their needs. This is a great opportunity for a motivated lending professional who enjoys developing business, delivering exceptional service, and making a positive impact on the lives of our members.

Role

To assist members with their mortgage lending needs: analyze loan requests and make credit decisions based on mortgage lending policy. Must continually pursue other avenues to obtain Real Estate loans while promoting the Credit Union.

Essential Functions & Responsibilities

• Markets the Credit Union's mortgage lending program to companies and individuals within the real estate community.
• Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet bank and regulatory standards. Approves or rejects loan applications or requests additional information. Establishes terms and conditions of an approved loan and reviews with member.
• Cross-sells other Credit Union services.
• Evaluates acceptability of loan to buyers of real estate loans on secondary mortgage markets.
• Assembles documents in loan file, including acceptance or denial, and returns file mortgage clerk.
• Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending.
• Performs other job related duties as assigned.
  

Performance Measurements

• Ensure all loan decisions are made within the established time frame and in compliance with lending policies, procedures, rules, and regulations and have zero errors.
• Communicate loan decision to all involved parties within 24 hours of receipt of mortgage application file.
• Troubleshoot and resolve member and internal inquiries in a timely, friendly, accurate manner.
• Meet or exceed the minimum established individual goals each month.
• Develop and maintain knowledge of all mortgage products and rates within the credit union and from the mortgage industry.
• Maintain a professional, courteous, and friendly atmosphere for members and co-workers.
  

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

Qualifications

Knowledge and Skills:

Experience: Three years to five years of similar or related experience.
Education: (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Interpersonal Skills Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills: Knowledge of the secondary market and experience with first and second mortgage residential real estate lending. Must have good communication skills; 10-key calculator and keyboard skills required.

Physical Requirements

Work Environment No hazardous or significantly unpleasant conditions (such as typical office).