Mortgage Loan Originator

Job Description Originates mortgage loans in an assigned non‑bank 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.

Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales‑related activities away from U.S. Bank locations. Incumbents are expected to spend at least 50% of their time conducting their activities away from U.S. Bank locations. This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z.

• 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
• Effective verbal and written communication skills
• Established referral base within assigned market (preferred)
• 2 or more hours of driving per week
• 2 years of mortgage loan origination experience with proven results (preferred)

This role is posted as remote; however, candidates located near any U.S. Bank location may be required to work on site at least three days per week. Candidates must also be able to drive at least two hours per week.

• Health, dental and vision coverage
• 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 (two to five 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

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 protected factors under applicable law.

U.S. Bank participates in the U.S. Department of Homeland Security E‑Verify program in all facilities located in the United States and certain U.S. territories. The E‑Verify program is an Internet‑based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

$20.00 - $20.00 per hour (actual range may vary by location)