Mortgage Loan Originator

Nationwide Advantage Mortgage Co., a subsidiary of Nationwide Insurance, is dedicated to dramatic growth throughout the United States. We are actively seeking talented candidates for multiple regions.

 

Mortgage Loan Originators

Qualified candidates will have 2-3 years of successful mortgage sales experience. This will include direct sales to realtors, builders, financial planners, and other established

referral sources. Candidates will have strong entrepreneurial abilities and will have demonstrated a successful commission/bonus based earnings history in excess of $50,000.

 

JOB SUMMARY: Performs a wide variety of duties related to the origination of mortgage loan products.  Through outside/inside referral sources provides information to customers concerning pricing and products to guide and convince prospective/existing customers to apply for a loan. Meets standards and objectives defined by management for mortgage loan sales and cross-selling objectives. Assumes overall responsibility for the residential mortgage loan from application to closing.

 

LOCATION:  Nationwide Advantage Mortgage

RELATIONSHIP: Reports to Manager/Director

 

JOB RESPONSIBILITIES:

1.  Develops referral contacts (realtors, builders, professional and personal contacts).

2.  Builds rapport with contact, potential customer and existing customer base to ensure an application for a loan product. Serves as an advisor to customer base concerning rates, loan products, and the overall process of obtaining a loan.

3.  Meets established requirements for minimum loan sales, customer satisfaction and loan quality.

4.  Maintain knowledge of available loan products, processing procedures, and underwriting and general department guidelines to include changes and updates.

5.  Follow defined protocol for escalation exceptions.

6.  Take applications by completing all information in the appropriate software package.

7.  Collect appropriate documentation from each applicant and deliver this documentation in the time frames set by management.

8.  Monitor loan application process from origination through closing. As needed, provides assistance to loan coordinator or guidance to mortgage applicants.

9. Provides timely updates and/or progress reports to all interested parties, such as customers, realtors, sellers, etc. Works with highly confidential information such as customer financial records.

10.  Attend and actively participate in all corporate meetings and training sessions that are held in order to facilitate achieving volume objectives.

11.  Performs other duties as assigned.

 

JOB REQUIREMENTS:

Education: Undergraduate studies preferred.

 

Experience: Three years experience in working with mortgage loan products. Prefer a combination of sales and service experience in a field environment.

 

Knowledge: Residential mortgage product terminology and processes.  Understanding of FHA/VA/Conventional guidelines.

 

Skills:  Verbal and written communication skills for contact with customers and work documentations. Ability to maintain confidentiality.  Ability to set work priorities that conform with established standards, and to evaluate and recommend solutions to workflow problems. Ability to work in a team environment. Basic sales technique skills.

 

Staffing Exceptions to the above Minimum Job Requirements must be approved by the:  President NAMC and the HR Manager

 

JOB CONDITIONS:

Overtime Eligibility: Not Eligible (exempt).

 

Working Conditions: Normal office environment.  Occasional travel, non-standard and extended works hours.

 

ADA:  The above statements cover what are generally believed to be principal and essential functions of this job.  Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

 

Credit Check:  Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.