Field Sales Development Representative – Contract to Perm
Vendelux
Field Sales, Commercial Mortgage Loan Originator, NMLS
U.S. Bank
full-time
Posted on:
Location: North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $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
