M&T Bank: Mortgage Originator

As a Mortgage Loan Originator, you will be responsible for initiating the residential mortgage process for potential members, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate. Accountable for originating first and second mortgages by soliciting new residential mortgage business from external sources to include, but not limited to, realtors, builders, and other referral sources. Maintain outside working relationships and promote the Credit Union's products and services.

HOW YOU WILL MAKE AN IMPACT Meets with and interviews potential and current members to understand their lending needs including first mortgages and refinance of existing loans. Explains the differences between and approval requirements of various types of mortgages; Assists members with completion of mortgage applications, inspecting completed documents for accuracy and thoroughness.

Reviews loan applications, gathers credit histories and reports, and assesses applicants' capacity to repay and default risk. Originate residential mortgage loans in applicable systems, provide disclosures and required documentation, obtains proper signatures following regulatory timeline requirements. Keeps members and realtors up to date on the status of their loan application. Identifies cross-sell opportunities and educates members on credit union products and services. Returns member phone calls and emails the same day, but no later than the next business day, after the message is received.

Maintains knowledge of trends and developments in the local real estate market; and changes in rules, regulations, and best practices of various mortgages.

Develops and maintains contacts with local realtors, developers, and builders to promote and encourage the use of Credit Union services for residential mortgages.

Works with various mortgage staff members to validate the underwriting worksheet to include, but not limited to, aggregate borrowing totals, purpose, cash flows and ratios. Provide assistance in the documentation, processing, and closing of mortgage loans.

Must comply with all company policies and procedures, applicable laws, and regulations, including but not limited to the Bank Secrecy Act, the USA PATRIOT Act, the Office of Foreign Assets Control, Home Mortgage Disclosures (HMDA), Servicemembers Civil Relief Act (SCRA), and Military Lending Act (MLA). Assists the Credit Union to be in compliance with all current and pending applicable rules, laws and regulations.

WHAT YOU WILL NEED TO SUCCEED Experience 3+ years mortgage loan, sales, or related experience. Experience with Federal Housing Authority (FHA), Veterans Affairs (VA), and Federal National Mortgage (Fannie Mae), construction loans, bridge loans, and reverse mortgage loans is required.

Education / Certifications / Licenses This level of knowledge is acquired through completion of a required Bachelor's degree in Finance, Business Management, Business Administration or related field. Incumbents are required to maintain their registration active, and current, with the National Mortgage Licensing System throughout their employment. PREFERRED SKILLS Excellent interpersonal and customer service skills.

Thorough understanding of Federal Housing Authority (FHA), Veterans Affairs (VA), Federal National Mortgage (Fannie Mae), and other types of construction and conventional loans.

Advanced proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint).

Demonstrated knowledge of Credit Union regulations, products, policies, procedures, and services.

Pushes self and helps others achieve results.

doesn't misrepresent themselves for personal gain.

Must be able to operate routine office equipment including CRTs, typewriters, telephone, copier, facsimile, and calculator.

Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary.

Must be able to work extended hours and travel whenever required or requested by management.

Mental and/or Emotional Requirements Must be able to perform job functions independently and with limited supervision.

Must be able to perform basic financial calculations with accuracy.

Must be able to perform responsibilities with composure under stress of deadline, requirements for extreme accuracy and quality and/or fast pace.

Must be capable of exercising highest level of discretion on confidential matters.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This Job description is not a contract and should not be constructed as a guarantee of employment for any period of time. Interra Credit Union is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race color, religion, sex/gender, national origin, disability, age, or any other category protected by law.

Professional Growth: Our Learning and Development Team not only provide day 1 training but continuous improvement and career development for all levels.

Attractive compensation package with performance-based incentives and bonuses.

Comprehensive health insurance, 401(k) matching, tuition reimbursement, company holidays, and generous PTO.

Community Involvement: Being an active member in communities that we are a part of is important to us. Mortgage Lending

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