U.S. Bank

Field Sales, Commercial Mortgage Loan Originator, NMLS

U.S. Bank

full-time

Posted on:

Origin:  • 🇺🇸 United States • North Carolina

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Salary

💰 $20 - $26 per hour

Job Level

Junior

About the role

  • Originates Community Reinvestment Act (CRA) loans in an assigned community market serving primarily low to moderate income borrowers.
  • Develops referral relationships with realtors, builders, bankers, and other sources for the purpose of originating residential loans through ongoing sales efforts.
  • Takes mortgage applications, conducts preliminary underwriting reviews, and submits loan applications to processing.
  • Remains the front line contact with customers and realtors for follow up documentation needed to approve and close loan.
  • Deepens customer relationships by identifying opportunities to meet all customer needs.
  • Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations.
  • Incumbents are expected to spend a minimum of 50% of their time conducting their activities away from U.S. Bank locations.
  • This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z.

Requirements

  • High school diploma or equivalent
  • Typically at least one year of mortgage, sales, real estate, or banking experience
  • Ability to travel
  • Well-developed sales ability
  • Thorough understanding of the Community Reinvestment Act
  • 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.)
  • Ability to work independently
  • Ability to analyze financial information
  • Effective verbal and written communication skills