Mortgage Loan Originator

  • ClassificationLoan Officer/Originator
  • Salary
  • Work typeFull-time
  • LocationIllinois
  • Posted on06 Feb 2017
Back to search results

Fifth Third Bank

Job Description

DIVISION: Mortgage

JOB CODE: 50099

DATE: April 2014

FLSA STATUS: Non-exempt

TITLE: Mortgage Loan Originator

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.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating

concerns, and personally following policies and procedures as defined. Accountable for always

doing the right thing for customers and colleagues, and ensures that actions and behaviors drive

a positive customer experience. While operating within the Bank#s risk appetite, achieves results

by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

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.

All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All

job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job

proficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or

requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor,

subject to reasonable accommodation.

Fifth Third Bank

Job Description

DIVISION: Mortgage

JOB CODE: 50099

DATE: April 2014

FLSA STATUS: Non-exempt

TITLE: Mortgage Loan Originator

MINIMUM KNOWLEDGE & SKILLS REQUIRED:

* 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.

* This position requires S.A.F.E. Act registration at the time of employment through the

Nationwide Mortgage Licensing System (NMLS). The NMLS web site

(mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required

foremployment in this position.

All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All

job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job

proficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or

requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor,

subject to reasonable accommodation.

SEND YOUR RESUME

Fill in the form below to register your interest or request more information about this job.


LOG IN
Sign in with Facebook

Don't have an account? Join us

SEND YOUR RESUME

Fill in the form below to register your interest or request more information about this job.

  • Maximum length : 500 characters
  • Send me a copy of this application
Submit application