Mortgage Loan Originator

At Regions, our Mortgage Loan Originator directs origination of residential mortgage loans from a borrower through a branch network.
Primary Responsibilities
Completes mortgage applications for submission to the loan processing and underwriting departments
Establishes detailed marketing/business plan including names of potential and existing loan customers, realtors, builders, developers, etc and frequency of contact
Answers customer calls and walks in customers to discuss various loan products and qualification information
Makes sales calls on potential or existing customers as established in marketing plan to develop new business or retain existing business
Prepares and distributes approved promotional flyers and materials
Establishes and implements such other marketing strategies as may be required, including, but not limited to First Time Buyer seminars, First Sale by Owner contacts, letters to past customers, financing seminars
Networks through professional, business and community organizations and activities to promote and market loan products
Evaluates loan requests, analyze financial data, and determines qualification of collateral and customer credit history
Structures loan to comply with acceptable lending practices and Federal regulations
Cross-sells other bank products and services
Prepares files for underwriting, loan committee, private mortgage insurance company and investor including preparation of loan approval sheet
Reads surveys and appraisals, and takes necessary steps to correct encroachments and violations
Qualifies loan for final approval by Loan Committee
Maintains contact with loan customer, communicating progress of loan and obtaining any required documentation
Participates in worthwhile community activities to promote and enhances the Regions integrity in the community
Compensation is Commission based
Requirements
High school diploma or GED, Bachelors degree preferred
Two years of mortgage lending experience with proven mortgage production
Abundant mortgage experience in developing external business via referral partners in the market including but not limited to realtors, builders, and financial planners
Thoroughly knowledgeable of mortgage products and services offered
Possesses effective and proven sales experience
Keeps up to date knowledge of real estate market trends
Knowledgeable on agency and investor regulations and guidelines
Holds applicable licenses, as required
Accurate typing, spelling and grammar skills
Knowledgeable on applicable computer software systems to include word processing, databases and spreadsheets
Good written and oral communication skills
Good organizational skills
This position requires registration with the national Mortgage Licensing System and Registry (NMLS). Please refer to (http://mortgage.nationwidelicensing.org) for more information.NMLS Registration
Prior Mortgage Loan Originator experience strongly preferred
Additional Preferences

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