VP Mortgage Loan Originator

Freedom First; Roanoke (VA); On-site; USD 68,000 - 110,000; Full time

Job summary

Freedom First in Roanoke, VA is seeking a VP Mortgage Loan Originator to lead member-facing loan origination activities. You will analyze borrower needs, determine suitable mortgage programs and present credit recommendations in line with policy.

In this senior role, you will manage relationships with real estate professionals, originate and submit loans within timelines, and ensure compliance with secondary market requirements while cross-selling other Credit Union services.

Qualifications

• Three to five years of similar or related experience.
• Two-year college degree or equivalent education or licensing.
• Strong communication and relationship-building skills.

Responsibilities

• Originate and submit loans for processing and decision within set timelines; communicate dispositions to members.
• Sell the credit union's mortgage lending program to real estate professionals and clients.
• Evaluate loan acceptability to meet secondary mortgage requirements.
• Cross-sell other credit union services.
• Stay informed on mortgage lending trends and market factors.
• Perform other related duties as assigned.

Skills

Mortgage lending knowledge

Communication skills

Typing / computer skills

Microsoft Word

Excel

Education

Two-year college degree

Licensing/certification in mortgage lending

Vendor training programs

Tools

Microsoft Word

Excel

Job description

VP Mortgage Loan Originator

Full Time Roanoke, VA, US

*This position is open for continuous recruitment. Applications will be accepted and reviewed on an ongoing basis.*

Role:

To assist members with their mortgage lending needs: analyze loan requests, determine appropriate mortgage/ loan program and make credit recommendations based on mortgage lending policy.

Essential Functions & Responsibilities:

60% Originate and submit loan for processing and decision within set upon timeline; communicate disposition to member.

20% Sells the Credit Union's mortgage lending program to companies and individuals within the real estate community.

5% Evaluates acceptability of mortgage loan to ensure it meets secondary mortgage requirements.

5% Cross-sells other credit union services.

5% Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending.

5% Performs other related duties as assigned.

Performance Measurements:

1. Must comply with government and other regulations affecting the credit union industry including, but not limited to, OFAC and the Bank Secrecy Act. Meets or exceeds performance expectations as described in Essential Functions and Responsibilities. Please refer to Annual Performance Goal document for remaining Performance Measurements.

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 much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Other Skills Knowledge of the secondary market and experience with first and second mortgage residential real estate lending. Must have good communication skills. Skill and ability to use and operate a keyboard (typewriter), computer, calculator, fax machine, copier and telephone. Skill and ability to read and understand financial statements, contracts, applications, computer printouts, manuals and other related materials. Must have the skill and ability to use Microsoft Word and Excel.

Physical Requirements The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle controls; and talk or hear. The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, or kneel. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

Work Environment Work is performed indoors in an office environment with normal potential for exposure to safety and health hazards. May periodically travel to other, similar sites. The noise level in the work environment is usually moderate.

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