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Amplify Credit Union · 2 weeks ago

Mortgage Loan Originator II

United States

Full-time

Remote

Mid Level

3+ years exp

Amplify Credit Union is a growing, tech-focused credit union dedicated to delivering value to its members and impacting the community. The Mortgage Loan Originator II will serve existing members and procure new members by originating quality real estate loan products, emphasizing self-generated business development and community engagement.

BankingFinancial ServicesWealth Management

Hiring Manager

Jasmine Tabler

Responsibilities

Generates business through self-sourced leads and supports member leads as assigned; establishing relationships with all potential borrowers

Partners with local real estate associations, chambers of commerce, and other community organizations to support education and networking opportunities, and highlights community involvement

Prequalifies applicants based on an understanding of internal and secondary market loan requirements as compared to applicants’ actual circumstances and documentation; recommends loan products that will best serve the applicant’s needs and wants

Manages pipeline leads and opportunities consistently, as required by leadership

Uses social media channels to generate leads and strengthen brand awareness

Recommends loan products to potential borrowers and sets expectations regarding the loan process

Fosters collaboration between the borrower and all other areas of Real Estate Lending to move applications through the process in an efficient manner

Monitors and ensures closing dates and company deadlines are met

Negotiates and executes rate locks, updating systems as required

Maintains working knowledge of available mortgage products to accurately respond to member and external stakeholder questions and provide feedback to management regarding product innovation opportunities

Spends the majority (over 50%) of working time away from the office or branch, conducting sales activities in the field

Generates mortgage loan volume through face-to-face meetings with borrowers, real estate agents, builders, and other referral sources – tracking monthly activity and reporting to management

Upholds credit union policies and procedures and champions organizational culture both internally and externally

Qualification

Real Estate Loan OriginationFHAVA experienceEncompassDesktop UnderwriterLoan ProspectorMicrosoft OfficeCredit Bureau SystemsFinancial CalculatorsSales SkillsJudgment SkillsRegulations

Required

High school diploma or GED

3+ years of experience in Real Estate Loan Origination with proven history of annual production in excess of $18 million

FHA and VA origination experience

Experience in proper loan pricing based on credit union rate determinations and understanding in the use of points or discounts

Must be bondable

Requires registration as a MLO with the Nationwide Mortgage Licensing System (NMLS) and Registry on an annual basis in addition to maintaining updates as needed

Initial registration is required immediately upon hire

Knowledge and efficiency with the use of a personal computer, Microsoft Office products, Credit Bureau Systems and financial calculators

Must have reliable internet access of 50MBPS which is the minimum speed required to connect to several of our systems and platforms

Excellent judgment skills to make quick decisions within written policy and standard operating procedures

Working knowledge of credit union's products and services, policies, and the Federal Credit Union Act including bylaws and regulations that apply to federally chartered credit unions

Ability to understand and make recommended changes to Standard Operating Procedures

Familiarity with state and federal NCUA regulations, HMDA, Regulation Z, Regulation B, the FHLMC, FNMA, and FHA rules and processes

Knowledge of sales of mortgage loans into secondary market