Outside Loan Originator

divh2Outside Loan Originator/h2pAnnieMac Home Mortgage is looking to hire Full Time External Mortgage Loan Originators to establish referral source relationships for a steady flow of loan volume from real estate brokers and other external sources. Candidates should have experience directly related to the Mortgage Industry. Under the direct supervision of the Branch Manager, the job responsibilities of the External Mortgage Loan Originator position include, but are not limited to, the following:/pulliPrimary duty is to sell mortgage loans to customers away from and outside of AnnieMac Home Mortgages places of business. Work done at AnnieMac Home Mortgages offices is related and supplemental to outside sales./liliGenerate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals./liliRegularly participate in mortgage sales including, but not limited to, attending closings and open houses, and conducting seminars and other lead-generating activities./liliTake information from the borrower and fill out the loan application./liliDevelop relationships with referral partners such as realtors to generate new customers./liliAnalyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford./liliCounsel 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./liliCollect financial information (tax returns, bank statements) and other related documents that are part of the application process;/liliProvide disclosures to the borrower, including truth in lending, good faith estimate, and others./liliCounsel and advise the borrower in understanding and clearing credit problems./liliMaintain 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./liliOrder legal documents./liliReview HUDS prior to closing./li/ulpMust 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./ppWork Environment/Physical Demands: Travel is required 80% of the time./ppAnnieMac Home Mortgage offers a wide range of benefits, including medical, dental and vision plans, along with voluntary benefits, including 401K./pp***AnnieMac Home Mortgage is an Equal Opportunity Employer ***/pp***AnnieMac Home Mortgage participates in E-Verify.***/p/div