Mortgage Loan Originator

First State Bank Wyoming is seeking a motivated individual to originate first and second mortgages, loan assumptions and endorsements. This key individual will solicit new mortgage business, maintain good outside working relationships, and promote the organization's products and services as well as perform other duties as needed within the branch.

DUTIES AND RESPONSIBILITIES:

• Determine financing objectives and goals. Conducts the loan interview and secures the customer information necessary to initiate a loan transaction. Provides loan information and service to customers, realtors, and others as needed.
• Receives and screens loan applications. Pulls, review and analyzes credit. Gathers financial data. Notifies client to resolve discrepancies such as late payment history, judgments, etc. Discusses options. Informs client of closing costs such as appraisals, and attorney fees.
• Prepares records and reports as requested regarding loan origination and closing activities as needed.
• Collects supporting loan documentation. Requests a personal employment and credit check of the applicant, requests an appraisal on the property and/or construction plans under consideration.
• Maintain constant communication with clients via email, phone, and mail form application to closing and post-closing. Communicate with attorneys, realtors, appraisers, and vendors pertaining to specific client needs.
• Maintains contacts and good working relationships with real estate brokers, attorneys, and builders to assure a favorable image of the organization and to provide information regarding current loan policies and procedures.
• Receives inquiries from prospective customers regarding all types of mortgage and construction loans, provides requested information regarding the organizations lending policies and procedures.
• Responsible for maintaining loan quality in compliance with Bank policy, underwriting standards and documentation requirements.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, RESPA, Regulation B, TRID and any other Mortgage related regulations.
• Adhere to First State Bank Wyoming Core Values.
• Keeps management appropriately informed of area activities and of any significant problems.
• Participate in Community Service and Bank sponsored activities that serve and support the mission and values of First State Bank Wyoming.
• Provide superior internal and external customer service: must demonstrate self-governance, courtesy and respect toward external customers as well as internal customers (all organization personnel).
• Complete required bank and BVS training courses within assigned time frame(s), or sooner at managements discretion.
• Represent First State Bank in a professional manner which includes a professional image, confidentiality, a positive "can-do" attitude, good attendance, punctuality, flexibility and adaptability in meeting bank and customer needs.

QUALIFICATIONS:

• A two-year college degree or completion of a specialized course of study at a business or trade school or equivalent combination of education and experience.
• Required 2-5 years of mortgage origination experience in conventional, FHA, VA, USDA, and Jumbo loans.
• Must have and maintain an NMLS r (S.A.F.E. Act Registration).

KNOWLEDGE, SKILL, ABILITY:

• Incumbents are required to maintain their registration active, and current, with the National Mortgage Licensing System throughout their employment.
• Knowledge of Fannie Mae and Freddie Mac guidelines is required. Bi-lingual skills are a plus.
• Strong interpersonal skills High level of independent judgement Strong problem solving skills Ability to work independently Basic Accounting skills – ability to analyze and understand tax returns, P&Ls, income statements and ability to prepare thorough, accurate self employed income analysis. Excellent interviewing, communication and public relations skills. Professional appearance and attitude. Strong analytical and financial skills. Ability to operate related computer applications, and other business equipment including calculators, Strong typing skills
• Ability to apply logical or scientific thinking to define problems, collect data, establish facts, and draw conclusions. Able to interpret a variety of technical instructions and deal with multiple variables.
• Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage. Able to perform very simple algebra.

WORK ENVIRONMENT: Sitting most of the time in an office environment.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is often required to: sit; use hands in…