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Mortgage Loan Originator - Southside

Location
Virginia Beach, Virginia
Job Type
Permanent
Posted
22 Sep 2022
Position Summary: Under general direction, responsible for new mortgage loan production by proactively soliciting new residential mortgage business through calls to realtors, builders, and bank partners; quoting mortgage loan rates, and selling Old Point Mortgage products to meet established loan quality and production goals.

Essential Functions:
  • Performs all tasks and duties required to originate residential loans: guides applicants through the mortgage lending process. Tasks and duties include but are not limited to pre-qualifying applicants, calculating and quoting brokered loan rates, working with processors, underwriter, and closer to obtain all required documentation, keeping all parties apprised status of loan requests.
  • Establishes and maintains a network of realtors, builders, bank partners, and other centers of influence lending programs.
  • Continuously identify, develop and maintain a quality of network relationships that will serve as a recurring source of referral opportunities.
  • Responds to and resolves internal and external customer inquiries.
  • Monitors changes in loan programs offered by the bank and its investors.
  • Attends workshops, seminars, and meetings as required.
  • Conducts training for potential applicants as requested by realtors.
  • Adheres to SAFE Act requirements when acting as a Mortgage Loan (MLO).
  • Performs all work in compliance with applicable regulations/policies and procedures.
  • Accountable for the understanding of and adherence to operational controls, policies, procedures and processes to ensure compliance with bank policies and related laws and regulations.
  • Performs other duties as assigned.

Position Requirements (Knowledge/Skills/Abilities):
  • Ability to work independently.
  • Demonstrated sales ability.
  • Demonstrated understanding of mortgage processing, underwriting and closing procedures.
  • Knowledge and understanding of lending basics and terminology (loan to values, debt ratios, rules and regulations, etc.).
  • Thorough knowledge of residential lending processes, products, and programs (Conv/FHA/VA).
  • Excellent organizational skills with the ability to manage multiple projects.
  • Excellent interpersonal skills.
  • Maintain registration with the federal registry system (NMLS) and maintain a status in good standing under the SAFE Act requirements, which includes maintaining theunique identifier number if acting as an (MLO).
  • Strong written and oral communication skills and ability to distill and convey information in a compelling manner.

Education/Experience:
  • High School Diploma or GED with a minimum 2-4 years residential Real Estate lending experience.

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 frequently required to sit, use hands to finger, handle, or feel and talk or hear and occasionally required to stand, walk, reach with hands and arms and stoop, kneel, crouch, or crawl. Specific vision requirements for the job include close vision (at 20 inches or less) and the ability to recognize colors.

Working Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is typically indoors and in an office setting. The noise level within the work environment is typically moderate.

The specific statements shown in each section of this position description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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Details

  • Job Reference: 718901541-2
  • Date Posted: 22 September 2022
  • Recruiter: Old Point
  • Location: Virginia Beach, Virginia
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent