Remote Mortgage Loan Originator

Fifth Third Bank; United States; Remote; USD 60,000 - 90,000; Full time

Job summary

Fifth Third Bank seeks a Mortgage Loan Originator to originate residential loans from application to closing. The role focuses on building referral networks, maintaining knowledge of loan products, and managing a robust loan pipeline while adhering to policies and regulatory requirements.

Compensation is largely incentive-based and paired with a base salary or draw. The position emphasizes customer service, collaboration with branches, and timely updates to applicants.

Qualifications

• High school diploma or equivalent mandatory. Four-year college degree preferred.
• Knowledge of conventional and/or government lending guidelines.
• Knowledge of residential mortgage processing, underwriting, and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Demonstrated organizational skills.
• Strong written and verbal communications skills.
• Demonstrated teamwork and customer service skills.
• Proven computer skills. Basic sales technique skills.
• Strong desire to excel in a competitive environment.
• S.A.F.E. Act registration at time of employment via NMLS.

Responsibilities

• Develop referral contacts (realtors, builders, professional and personal contacts).
• Maintain knowledge of Fifth Third Mortgage Company's policies and procedures.
• Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines.
• Follow defined protocol for escalation exceptions.
• Take applicant applications by completing Fannie Mae form 1003 on the laptop.
• Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan Prospector responses and transmitting the loan to LOMAS.
• Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management.
• Manage pipeline for all originated loans through closing and complete required management reports.
• Communicate with branches and/or applicants of providing timely updates and progress reports.
• Maintain high levels of customer service while managing each applicant's and support staff's expectations.
• Attend and participate in all Consumer Lending meetings as required by management.

Skills

Verbal communication

Written communication

Organizational skills

Teamwork

Customer service

Computer skills

Sales ability

Competitive drive

Education

High school diploma or equivalent

Bachelor’s degree preferred

Tools

Fannie Mae Form 1003

Laptop/computer

NMLS knowledge (regulatory)

Job description

Fifth Third Bank seeks a Mortgage Loan Originator to originate residential loans from application to closing. The role focuses on building referral networks, maintaining knowledge of loan products, and managing a robust loan pipeline while adhering to policies and regulatory requirements.

Compensation is largely incentive-based and paired with a base salary or draw. The position emphasizes customer service, collaboration with branches, and timely updates to applicants.