Mortgage Loan Originator

Job Description

Originates mortgage loans in an assigned metropolitan territory. Takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing and underwriting for approval. Follows up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources. Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales‑related activities away from U.S. Bank locations, spending at least 50% of their time conducting such activities off‑site.

This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z. Applicants must undergo the required registration process, which includes a criminal background and credit check. Failure to meet or maintain any NMLS registration requirements may result in rescission of the offer or termination of employment.

• High school diploma or equivalent
• Minimum one year of mortgage, sales, real estate, or banking experience
• Ability to travel

• Well‑developed sales ability
• Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies
• Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
• Basic knowledge of local, state, and national laws (e.g., zoning ordinances, Truth‑in‑Lending, RESPA, energy audit requirements, etc.)
• Ability to work independently
• Ability to analyze financial information
• Excellent verbal and written communication skills
• Requires at least 2 hours of driving per week
• Established referral base within assigned market preferred
• 2 years of mortgage loan origination experience with proven results
• Remote posting; candidates located near any U.S. Bank location may be required to work on site at least three days per week

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short‑term and long‑term disability
• Pregnancy disability and parental leave
• 401(k) and employer‑funded retirement plan
• Paid vacation (2 to 5 weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of 1 hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other factor protected under applicable law.