Mortgage Originator- PFCU Durand Branch

Description

MORTGAGE ORIGINATOR

Department

Mortgages

Reports To

Mortgage Manager/VP of Lending/Chief Lending Officer

Pay Classification

Salary

FLSA Status

Exempt

Position Grade

10

To assist the credit union in achieving its mission statement, “
PFCU WILL DELIVER FINANCIAL WELL-BEING WITH VALUE, CONVENIENCE AND EXCEPTIONAL SERVICE”. To take advantage of every opportunity and seek out opportunities to grow loans secured by real property at PFCU by taking ownership of all situations for maximum sales.
Support, model & adhere to PFCU’s Service Standards as outlined in My MARC.

• Solicits outside referrals through attending networking events and meetings with realtors and other applicable parties.
• Originates first mortgage, home equity, and HELOC loans.
• Interview applicants to determine financing objectives and goals.
• Analyze member mortgage applications and collect supporting documentation to determine best mortgage products based on member’s needs and financial goals.
• Educate and update members regarding the loan process, timing, interest rates, and closing costs.
• Summarize the loan requests, prepare submission packages, and submit to the various lending authorities for decision.
• Excellent Sales Performance:
• Sell and steal loans secured by real property; accept applications in person, by telephone and through internet applications
• Refer consumer loan product steals/cross sells to a Consumer Lending Originator
• Outbound calls to members who came in for other loans to try and steal their current Mortgage and/or Home Equity with a referral from a Consumer Lending Originator
• Sell all supporting products and services offered by PFCU
• Complete external business visits and establish referral relationships
• Maintain thorough knowledge of the Credit Union Mortgage products, lending policies and the secondary market programs available to members. Be capable of discussing various loan alternatives and closing costs with members.
• Accept applications sent over from Branch Offices, and by phone.
• Prepare and send out proper disclosures.
• Close mortgage/home equity loans with members, as needed.
• Perform mortgage servicing functions, as needed.
• Maintain cleanliness and security of work area and equipment, including protecting the confidentiality of member information.

• This position is subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all loan officers engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. Failure to register successfully or to maintain a status in good standing under the SAFE Act will affect your eligibility for continued employment and may result in your immediate termination.
• Seek training opportunities to develop or enhance through training, conferences, reading etc. Willingly participate in and attend educational functions and meetings as requested by management.
• Perform other duties assigned.

Follows regulatory and policy compliance requirements which would include those efforts in compliance with Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC), Red Flag and Anti-Money Laundering (AML) Regulations, and other compliance related policies.

This position requires maintaining confidentiality with regard to non-public information about our members, employees and the Credit Union. We must protect the confidentiality of member information. Financial transactions are confidential and private. With account access, employees are to handle member information responsibly and confidentially.

To ensure the safety and security of all employees, employees must follow all security policies and procedures at all times. Security is the responsibility of all employees.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with…