Heritage Family Credit Union · 1 month ago
Mortgage Loan Originator - External
Hooksett, NH
Full-time
Onsite
Entry, Mid Level
$20K/yr - $40K/yr
2+ years expHeritage Family Credit Union is a dynamic and member-centric organization committed to making a positive impact on the lives of its members. They are seeking a Mortgage Loan Originator to originate and develop residential mortgage loans, build relationships with community partners, and promote the credit union's services.
CreditFinanceFinancial Services
Responsibilities
Originate and develop a variety of residential mortgage loans, home equity loans, and lines of credit
Build strong relationships with realtors, contractors, community partners, and other referral sources to grow mortgage business
Receive and manage branch referrals while independently generating new business through outreach efforts
Represent and promote the Credit Union difference, while identifying opportunities to connect members with additional products
Assume responsibility for establishing and maintaining effective and professional business relations with members, realtors, attorneys, and building professionals
Develop strategies to build a loan pipeline through member interactions, seminars, and building relationships with community partners (realtors, contractors, attorneys and other institutions). Attendance at community events and functions in assigned territories is expected as well as service on a board or committee within your assigned territory
Conduct the loan interview, securing member information and documentation necessary to initiate a loan transaction. Assist borrowers with the loan application process. Discuss loan options, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members. Maintain clear and frequent communication with all essential parties throughout the loan process, following communication guidelines determined by management to ensure prompt member response
Clear knowledge and understanding of UDAAP, TRID, Reg. Z, TILA, ECOA, RESPA laws and regulations
Recommend approval or deny real-estate loan applications, and counsel members whose loan requests were denied, explaining reasons and alternatives
Meet scheduling and documentation requirements, and production expectations as determined by management
Ensure that the credit union achieves assigned loan production goals, with an emphasis on real estate lending growth
Maintain contacts and good working relationships with real estate brokers, attorneys, builders and other referral sources to assure a favorable image of the organization and to provide information regarding current loan policies and procedures
Must maintain predictable and reliable attendance
All other duties as assigned
Qualification
Required
Highschool diploma or equivalent required
Registered as an active Mortgage Loan Originator (MLO) on the NMLS
Valid US Driver's License Required
2-5 years of similar or related experience, including time spent in preparatory positions
Excellent organizational, communication and business writing skills to exhibit professionalism and deal effectively with internal and external contacts
Strong analytical skills and the ability to make sound judgements
Clear knowledge and understanding of UDAAP, TRID, Reg. Z, TILA, ECOA, RESPA laws and regulations
Must maintain predictable and reliable attendance
Preferred
Associates degree or completion of a specialized course at a business/trade school preferred
Experience with Freddie Mac and Fannie Mae, VHFA, FHLB, USDA, and construction loans is preferred
Benefits
Paid time off in addition to paid federal holidays
Medical, dental, and vision benefits to employees who regularly work 24+ hours a week
401k match
Ongoing training opportunities
8 hours of volunteer time with an organization important to you
Reimbursement each month for Gym membership (up to $25), hobby reimbursement (up to $25) and fresh local foods (up to $25 on a seasonal basis)
Company
Heritage Family Credit Union
Established in 1956, Heritage Family Credit Union (HFCU) is a member-owned, member-first, not-for-profit cooperative offering a full-range of financial services with locations serving Vermont, New Hampshire, New York, and Massachusetts.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Christopher Gomez
President & CEO
Recent News
Vermont Business Magazine
2023-10-18
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