Loan Originator

Join to apply for the Loan Originator role at Anna Paduhovich Team

$/yr - $/yr

The Loan Originator provides residential mortgage loans and generates leads to increase production. The Originator obtains purchase and refinance mortgage loans in accordance with established company policies and procedures and industry guidelines by calling upon realtors, builders, past clients and referral partners, while providing strong communication and support to management, production staff, underwriting, and customers.

• Promote Envoy’s products to Real Estate Agents, Home Buyers, other lead sources and all referral sources.
• Prospect & procure new loan applications by meeting with and presenting products to potential referral sources such as realtors, CPAs, financial planners and past clients that result in funded loans.
• Educate borrowers on current offerings and programs for which they qualify.
• Ensure all marketing is performed in a manner that is compliant.
• Create & maintain data from new loan applications and other documents in origination system.
• Review loans in process daily and determine priorities.
• Perform document audit and resolve exceptions to approve (or reject) loan packages for funding.
• Receive & process Change of Circumstances (CoC) and resubmit loan package, ensuring compliance with Fannie Mae and Freddie Mac.
• Re-disclose all new loans when there is a Change of Circumstance (CoC).
• Generate and distribute Decline/Rejection letters to borrowers not meeting minimum requirements with industry guidelines and regulations.
• Authorize and/or order credit reports, appraisals, flood certifications, and title work.
• Defers loans that do not meet basic standards to Underwriter.
• Provide follow‑up on a consistent basis with internal staff, borrowers, and agents to complete processing.
• Analyze loan files and submit completed loans for approval.
• Respond to inquiries from agents/referral partners and borrowers regarding status of loans in process.
• Maintain status of all files in process and update as needed; keep abreast of all FHA, VA, and conventional guidelines and changes that may affect loan status.
• Request and gather relevant information/documents from the borrower to complete the application, its structure and all loan disclosures, in coordination with processing as well as underwriting.
• Monitor the process and communicate effectively with the borrower and all other parties to the transaction on the status of the loan.
• Present complete and accurate files to the Processor.
• Ensure maintenance of active NMLS license and stay current with required continuing education, new products, Freddie Mac and Fannie Mae guidelines, Envoy guidelines and overlays, and HUD guidelines.
• Comply with local, state and federal laws regarding position.
• Adhere to all Envoy standards, including, but not limited to production minimums and customer service.
• Conduct business in an ethical manner and in the best interest of Envoy, with Envoy’s core values in mind.
• Stay current on personal finance principles in order to offer comprehensive mortgage advice to clients.
• May work more than 50% of the time out the office, is non‑exempt and primarily commission‑based.
• Any additional duties as assigned.

• High school diploma or equivalent;
  Bachelor’s degree is preferred.
• 3+ years of experience as a Loan Originator, LOA or Processor; 5+ years preferred.
• Knowledge of Microsoft Excel, Word and Outlook.
• In‑depth knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage processes, procedures, and documentation.
• Working knowledge / Proficiency in Desktop Underwriter/Desktop Originator (DU/DO), Loan Prospector (LP), and originating systems;
  Encompass experience preferred.
• Exceptional follow‑up, time management, interpersonal, and verbal and written communication skills.
• Willingness to learn, self‑motivated, social media savvy and a forward thinker.
• Excellent customer service skills and ability to work in a team environment.
• Excellent interpersonal, verbal and written skills are a must.
• Must be a self‑starter who is reliable, detail‑oriented and able to resolve issues.
• Strong relationship building a must, along with…