Mortgage Loan Originator



Posted Under: O'Fallon, Missouri jobs in PR / Public Relations; PR / Public Relations jobs
Posted On: 2017-10-20 00:00:00

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.