Mortgage Loan Originator I

Mortgage Loan Originator I

1000 Mount Laurel - Mount Laurel, NJ 08054

Overview

Salary Range $14.00 - $16.00 Hourly Position Type Full Time Education Level High School Travel Percentage Negligible Category Sales

Description

AnnieMac Home Mortgage is looking to hire a Full Time Mortgage Loan Originator I to work and train with Loan Originator and assist with keeping a steady flow of loan volume from real estate brokers, referrals, and company provided lead sources, including but not limited to direct mail marketing, online applications, and Branch Manager referrals. Under the direct supervision of Sales Management, the accountabilities and job activities of the Mortgage Loan Originator I position include, but are not limited, to the following:

• Take information from the borrower and fill out the loan application.
• Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford.
• Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product.
• Provide disclosures to the borrower, including truth in lending, good faith estimate, and others.
• Counsel and advise the borrower in understanding and clearing credit problems.
• Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed.
• Complete all Company mandatory trainings within the required timelines.

Qualifications

• High School Diploma or equivalent.
• Must have appropriate state license or certificate (varies by state).
• Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
• Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors.
• Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
• Must have excellent communication skills and the ability to analyze financial information.
• Must be a sales-oriented self-starter.

Work Environment/Physical Demands: Office environment. Must be able to sit at a desk for a long period of time which may cause muscle strain. This position may require travel up to 10%.

***AnnieMac Home Mortgage is an Equal Opportunity Employer.***

***AnnieMac Home Mortgage participates in E-Verify.***