Mortgage Loan Originator

Job Summary

Originates mortgage loans in an assigned metropolitan territory. Takes applications, conducts preliminary underwriting reviews, submits loan applications to processing and underwriting for approval, and follows up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources.

• Originates mortgage loans in an assigned metropolitan territory.
• Takes loan applications and conducts preliminary underwriting reviews.
• Submits loan applications to processing and underwriting for approval.
• Follows up to secure required documents for processing, underwriting, and closing.
• Engages in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations, spending at least 50% of time outside of bank locations.
• Maintains National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z, including compliance with criminal background and credit check requirements.

• High school diploma or equivalent.
• Minimum one year of mortgage, sales, real estate, or banking experience.
• Ability to travel.
• 2 or more hours of driving per week.

• 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.
• Established referral base within assigned market (preferred).
• 2 years of mortgage loan origination experience with proven results.
• Remote position; candidates located near any U.S. Bank location required to work on site at least three days per week.

• Health care (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 one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law.

Pay range: $20.00 – $20.00. Actual range may vary based on location. U.S. Bank offers additional incentive and recognition programs, equity stock purchase, 401(k) contributions, and pension (subject to eligibility).

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 or veteran status, and other factors protected under applicable law.