Job Description
Mortgage Loan Originator – To $100K – New Orleans, LA – Job # 3505
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Mortgage Loan Originator role in the New Orleans, LA area. The position is responsible for originating mortgage loans to first-time or low to moderate income homebuyers. The primary mission of the community lender is to serve as a champion to show these prospects how they can affordably achieve the dream of home ownership. In order to establish a reputation in support of this mission the community lender must be an active and frequent participant in various community outreach projects. This includes attending functions and building relationships with local agencies and non-profits, through volunteer service.
The opportunity has a generous salary of up to $100K and a benefits package. (This is not a remote position).
Mortgage Loan Originator responsibilities include:
- Conduct extensive community outreach to promote bank mortgage products and other services.
- Represent bank at community and civic functions as a visible and active member of the community, working with civic and community groups.
- Establish relationships with local government agencies and non-profit organizations that support affordable housing, volunteering, serving on boards of non-profit organizations.
- Work flexible hours including occasional weekend seminar and Realtor open houses.
- Identify down payment and closing cost assistance programs for low and moderate income home buyers. Attend conferences, seminars and other financial trainings that provide information on mortgage loans and/or any low income programs available.
- Create a positive experience for clients obtaining mortgage loans, by obtaining all necessary support documents along with appropriate fee and lock-in information in compliance with requirements at the time of application.
- Counsel and prequalify potential homebuyers.
- Serve as the primary but not sole contact in the origination of the loan and introduce the customer to the processor and explain the processor’s role as key facilitator in assembling the required loan documentation package.
- Monitor loan process by following loan status in the system and ensuring conformity with terms.
- Assist in collecting additional documents prior to closing and communicating loan status to all parties, when requested, on escalation by the processor.
- Provide functional guidance as needed to loan processors regarding coordination of workflow and files in process.
- Maintain comprehensive current knowledge on mortgage products, underwriting guidelines and industry regulations.
- Operate within all delegated authorities for lending limits, fee reductions, and loan pricing.
- Collect all fees as per bank policy, keeping exceptions to a minimum.
- Routinely look for cross-sell opportunities and refer mortgage customers to the retail and commercial departments.
- Maintain a high level of diplomacy, discretion and confidentiality.
- Demonstrate support of Bank’s vision and mission by involvement in community organizations.
- Establish and maintain an effective working relationship with other staff, clients, potential clients and the general public.
- Responsible to adhere to all bank policies and procedures and to comply with all applicable laws and regulations as they pertain to this position.
- Attend and complete all required training.
- Other duties and responsibilities as assigned by Private Banking Manager.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- High school diploma or equivalent. Four-year college degree preferred.
- Three or more years of lending experience.
- Must be familiar with Conventional, FHA, VA, USDA guidelines.
- Ability to assess financial needs and the ability to work with minimal supervision is essential.
- In-depth knowledge of the mortgage industry, products, lending practices, and regulatory guidelines.
- Large local network of outside contacts to generate referral flows.
- Self-directed, with the ability to plan own activities to achieve sales goals.
- Strong verbal/written communication, organizational and time-management skills.
- PC skills, including knowledge of mortgage origination and automated underwriting systems.
The next step is yours. Email us your current resume along with the position you are considering to:
[email protected]
Job Tags
Local area, Flexible hours,