Loan Orig Mrtg New Market NMLS 1

U.S. Bank is on a journey to help customers and businesses make better financial decisions. They are seeking a Loan Originator to originate mortgage loans, conduct underwriting reviews, and manage loan applications in a designated territory.

Responsibilities

• Originates mortgage loans in an assigned metropolitan territory
• Takes applications, conducts preliminary underwriting reviews, submits loan applications to processing and underwriting for approval
• Follows-up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources
• Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations

Skills

• High school diploma or equivalent
• Typically at least one year of mortgage, sales, real estate, or banking experience
• Ability to travel
• This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z
• You will be subject to the required registration process, which includes a criminal background and credit check
• Failure to meet or maintain any of the NMLS registration requirements, including maintaining a satisfactory criminal and credit record, may result in a rescission of your offer or termination of employment
• This role has multiple levels, open to candidates with a minimum one year of mortgage, sales, real estate, or banking experience
• This position also requires 2 or more hours of driving per week
• Well-developed sales ability
• Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies
• Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
• Basic knowledge of local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
• Established referral base within assigned market preferred
• 2 years of mortgage loan origination experience with proven results
• Ability to work independently
• Ability to analyze financial information
• Effective verbal and written communication skills

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
• Incentive and recognition programs
• Equity stock purchase
• 401(k) contribution and pension (all benefits are subject to eligibility requirements)

Company Overview