Mortgage Loan Originator

We have a client seeking a Mortgage Loan Originator in 6 Colorado locations! This is a 100% commissioned based position with no cap on commission earning ability and NO BASE SALARY.

10 Vacancies across 6 locations in Colorado: 

Lakewood, Boulder, Longmont, Greeley, Denver (DTC), Broomfield

JOB SUMMARY:

 The Mortgage Loan Orginiator originates mortgage loans in an assigned territory; develops referral relationships with realtors, builders, bankers, and other sources in order to proactively solicit business and conduct sales-related activities, in order to meet specific loan volume origination goals. Counsels customers, takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing and underwriting for approval using laptop technology. Remains front line contact with customers and realtors to ensure that documents required for processing, underwriting, and closing are secured in a timely manner. The salary for this position is 100% commission.

MINIMUM REQUIREMENTS:

2+ years current mortgage LO experience

2+ years experience with conventional, FHA, VA, USDA and CHFA loans

Minimum monthly production of $1.5M

Have worked as an MLO within Colorado

Equivalent to a two-year (2) college degree or completion of a specialized course of study at a business or trade school

Minimum of two (2) years of current mortgage experience.

Required Competencies:

Driving Successful Customer Engagements, Initiating Action, Creating Demand through Insight, Sustaining Customer Satisfaction, Adaptability, Sales Negotiation, Authenticity, Continuous Learning, Sales Negotiation, Work Standards, High-Impact Communication, Advancing Sales Discussions, Technical/Professional Knowledge and Skills, Coaching the Sales Team

PREFERRED: 

Experience with FNMA Desktop Underwriter, FHLMC, FHA, and VA, PC Lender and Mortgage processing systems

Essential Functions include:

Interviews and assists members. Inputs loan applications into on-line loan system. 

Monitors on-line queue of member originated loans. Reviews files for completeness and accuracy. 

Communicates with loan processor/closer regarding any outstanding items and/or additional documentation needed. 

Requests additional information. 

Communicates terms and conditions of an approved loan and reviews with member. 

Delivers Good Faith Estimate/ TIL disclosures within 72 hours of application date.

Assists with processing and loan closing coordination with member.

Cross-sells other credit union services.

Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending.

Adheres to all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA).

Manages:
This role does not have supervisory responsibility

Work Environment:
This job operates in an office setting and routinely uses standard office equipment. Elevations uses multi-factor authentication to keep our data safe. As such, a personal smart phone is a requirement for employment with us.

Physical Requirements:
Sitting frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10 lbs of force occasionally to lift, carry, push, pull, or move objects.

Position Type/Expected Hours of Work:
Full time / 40 hours per week

Classification:
Exempt

ABOUT US: Parkway Workforce Solutions is a premier staffing firm that assists companies throughout the U.S. to source, recruit, and screen high-qualified applicants. If you have questions about any of our jobs posted, connect with one of our recruiters today at 800-963-5827 ext 6. We are ready to do the searching for you in your next position.