Mortgage Loan Originator

Location: Louisville
Posted on: November 20, 2024

Job Description:

GENERAL FUNCTION: Performs a wide range of duties relating to the origination of residential 1st mortgage loans for outside referrals. Meets standards and objectives defined by management for mortgage loan sales and cross-selling objectives. Assumesoverall responsibility for the residential mortgage loan from application to closing.ESSENTIAL DUTIES & 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.SUPERVISORY RESPONSIBILITIES: None.Mortgage Loan Officer must meet the following criteria:Three years of mortgage lending experience.Established book of business (local centers of influence willing to refer mortgage loans to you).Existing mortgage sales of $1million per month, and 4 purchase units closed per month

Keywords: , Louisville , Mortgage Loan Originator, PR / Public Relations , Louisville, Kentucky