Mortgage Loan Originator

Location
Suitland, MD
Posted
Aug 21, 2019
Closes
Sep 22, 2019
Ref
222383
Function
Accountant, Finance
Hours
Full Time
Job Summary/Company:
Sparks Group has partnered with a well known, local credit union to secure a Remote Mortgage Loan Originator to actively solicit and originate first mortgages. If you have origination experience and are interested in hearing about new opportunities please apply online and call today.

Responsibilities:
  • Meet with new and existing borrowers to take applications for residential mortgage loans.
  • Establish and maintain business contacts that will generate potential new loan volume, build client base and increase business. These contacts include but are not limited to real estate brokers, realtors and builders
  • Provide counsel on the advantages and disadvantages of various mortgage loan products based upon the borrower's needs and financial picture.
  • Ensure all regulatory disclosures are in timely compliance and provided to applicant.
  • Analyze applicant data, credit and collateral property value to determine accurateness of information and to preliminary determine if borrower meets investor guidelines.
  • Work with in-house support staff to facilitate the timely processing and closing of mortgage loans.
  • Stay current on mortgage laws, rules and regulations to ensure compliance with all aspects of Real Estate Settlement Procedures Act (RESPA), the Truth and Lending Act (TILA) and all guidelines and policies governing the duties and responsibilities of the Outside Loan Officer.
  • Maintains individual licensing in good standing at all times.
  • Remains cognizant of and adheres to credit union policies and procedures, and regulations pertaining to the Bank Secrecy Act

Qualifications/Background Profile:
  • Requires three years lending experience, with preferably one year in a mortgage underwriting environment.
  • Must have working knowledge of FHA, VA and conventional guidelines for mortgage loan origination as well as applicable laws and regulations related to lending (e.g. Truth-in-Lending, HMDA, RESPA, ECOA, Fair Credit Reporting Act, and Bank Secrecy Act).
  • Knowledge and experience with mortgage LOS systems preferred. Must have strong PC skills including word processing and spreadsheets. Must have excellent organizational, verbal and written communication skills. Must be detail oriented.
  • Must be registered or be able to successfully register as a Mortgage Loan Originator with the Nationwide Mortgage Licensing System and Registry, and to obtain and provide the associated identifier.
  • Must be able to maintain this registration and renew annually as required.

Qualified candidates should send their resume AND call Sparks Group for additional details. Please note, resume must include a valid email address in order to be considered. We look forward to discussing your background, your current job search, and your potential career path with Sparks Group!

Sparks Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, pregnancy, citizenship, family status, genetic information, disability, or protect veteran status.

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