Restore Hyper Wellness · 1 day ago
Residential Loan Originator - Commissioned
Annapolis, MD
Full-time
Hybrid
Mid Level
3+ years expRestore Hyper Wellness is seeking a Residential Loan Originator to market and procure residential mortgage loans using sound banking practices. The role involves developing relationships with home builders and realtors, originating mortgage applications, and ensuring compliance with regulatory requirements.
Health CareRetailWellness
Responsibilities
Develops new business by contacting and developing relationships with residential home builders, Realtors, attorneys, CPA’s, and financial advisors. Cross sells all Bank services, as appropriate
Originates conforming/non-conforming residential mortgage applications by phone fax, email, online channels and in person. Activities include but are not limited to: counseling customers on various mortgage products and taking customer applications. Compiles documentation to support borrower income, employment, assets, down payments, and debts
Ensures that all applications are complete, including preparation and issuance of required disclosures, etc
Prepares initial mortgage applications for submission to set up processing, including but not limited to: income analysis, initial calculations of debt and LTV ratios, reviewing mortgage credit report and overall preparation of file to be advanced to loan setup
Maintains loan documentation in customers file, ensuring all policies and procedures of the Bank are followed. Updates loan records as required. Reviews files to ensure that all required documents are present and accounted for
Prepares pre-qualification letters to assist customers in purchasing and financing their new homes
Performs other mortgage origination, sales, and administrative related duties as assigned by the VP of Residential Lending and/or the Asst VP of Residential Lending
Utilizes tact and experience-based knowledge to resolve customer (internal and external) problems by explaining specific policies and products while representing the Bank in a professional manner and maintaining positive customer relations
Responsible for applying requirements relating to Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and Customer Identification Program (CIP) including Beneficial Ownership (BO)
Responsible for applying all the regulatory requirements during the performance of the job duties as assigned
Complete all annual required BSA and other bank compliance training as assigned in a timely manner
Qualification
Required
High school degree or equivalent (GED)
Minimum three years' experience in mortgage banking; experience as loan officer/originator preferred
Demonstrated understanding of entire mortgage loan process from sales origination through post-closing
Demonstrated knowledge of mortgage policies and procedures, compliance, and federal/state regulations. Must be certified and in good standing with the National Mortgage Licensing System (NMLS) or eligible for registration
Notary Public
Knowledge of industry standard guidelines
Excellent organizational, analytical, and problem-solving skills
Attention to detail
Excellent verbal, written, telephone and interpersonal communication skills
Must possess a strong service orientation and willingness to sell products and services
PC proficient, including Microsoft Office (Word, Excel, Outlook) and the Internet
Ability to handle multiple projects/priorities and produced required results
Local travel required
Ability to function in a financial institution branch environment and use standard office equipment, including, but not limited to: PC, fax, copier, telephone
Ability to lift up to 25 lbs. (i.e., file boxes)
Preferred
Experience as loan officer/originator preferred
Knowledge of Encompass Loan Operating Software preferred
Benefits
Free Long-Term Disability
Short-term Disability
Free AD&D and Life Insurance
401(k)
Bonus based on performance
Dental insurance
Health insurance
Paid time off
Profit sharing
Training & development
Tuition assistance
Vision insurance
Wellness resources
Company
Restore Hyper Wellness
Restore is The Hyper Wellness® Company that helps you feel better and do more of what you love with its proactive health & wellness services
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$153.2MKey Investors
General AtlanticLevel 5 Capital Partners
2024-09-19Acquired
2021-12-14Private Equity· $140M
2020-06-24Series B· $8M
Leadership Team
Jeanne Chauvin
EA to CEO
Benton Smith
Chief Operating Officer
Recent News
Business Wire
2025-01-23
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