Position Title: Mortgage Loan Originator (MLO)
Reports to: President or Sales Manager
Direct Reports: Mtg Loan Assistant (if applicable)
SUMMARY: The Mortgage Loan Originator (MLO) proactively solicits new residential mortgage business and sells UCMS mortgage products to meet established loan quality and production goals
JOB REQUIREMENTS:
High School diploma or equivalent
4 year college degree preferred
One to three years of experience in residential mortgage loan origination
Knowledge of conventional and government guidelines
Knowledge of processing, underwriting and/or closing procedures/federal lending regulations governing real estate lending
Strong written and verbal communication skills
Teamwork and customer service skills a must
Self-motivated and highly organized
Ability to prioritize multiple competing task
Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.
PREFERRED SKILLS:
Familiar with FHA, VA, USDA guidelines
Strong computer skills including MS applications and previous experience utilizing laptop technology for communication purposes including assessing rate, credit and loan status information
Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously
Ability to communicate clearly and effectively, both verbally and in writing, across a variety of audiences
Ability to analyze and comprehend complex financial data and provide financial alternatives
Professional and effective interpersonal skills
JOB FUNCTIONS:
The Mortgage Loan Originator (MLO) proactively solicits new residential mortgage business and sells United Community Bank mortgage products to meet established loan quality and production goals
The Mortgage Loan Originator continually identifies, develops and maintains a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities
A Mortgage Loan Originator’s network may consist of bank referrals, real estate professionals, builders, professional and personal contacts, as well as other valuable referral sources, and is enhanced by the Mortgage Loan Originator’s regular participation in business related development opportunities, community efforts to promote homeownership and professional organizations
The MLO responds to customer inquiries and referrals that are generated from both their own contacts and from other United Community Bank business channels
The MLO conducts interviews with prospective borrowers in order to analyse financial and credit data, determine customer financing objectives, advise customers of product/pricing policies and guidelines, and gather any additional required information
The MLO ensures exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures and regulatory requirements, demonstrating a commitment to professional ethics, complying with all Federal and State compliance policies and adhering to HMDA requirements
Other duties as assigned
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