Mortgage Originator (MLO)

Job Summary

The position of Mortgage Loan Originator is primarily responsible for providing service to customers and prospective customers seeking Residential loans.

Role and Responsibilities

• Originating a high volume of mortgage loans ($12 million or more annually) and developing business contacts by soliciting outside contacts such as realtors, builders, attorneys, etc.


• Interviewing applicants and analyzing customer's financial status and earnings to determine most appropriate mortgage loan program.


• Analyzing more complex personal, partnership, and corporate tax returns, including attached schedules.


• Making preliminary determination of applicant's credit worthiness.


• Calling on key existing and prospective customers, realtors and builders to establish relationships for loan referrals.


• Providing advice and service to applicants requesting mortgage loan information.


• Representing the bank in the community and at real estate industry functions to identify, develop and promote additional business.


• Regular and predictable attendance.

 Qualifications

• High school diploma or equivalent plus additional training equal to two years of college, or comparable work experience.


• 2+ years of residential lending experience.


• Bilingual preferred.


• Excellent interpersonal, written and verbal communication skills.


• Strong presentation skills and ability to conduct seminars for business development and outreach.


• Ability to interact with customers in a professional manner to provide exceptional customer service.


• Ability to effectively use applicable software.


• Familiarity with all of the bank's products and services as well as basic Fannie Mae and Freddie Mac guidelines

Preferred Skills/Competencies

 Maintains a working understanding of, and complies with, applicable banking regulations as well as internal policies and procedures.