Mortgage Loan Originator

Company: American National Bank and Trust Company
Location: Christiansburg
Posted on: January 26, 2023

Job Description:

Description:
JOB SUMMARY The Mortgage Loan Originator is responsible for increasing the mortgage loan portfolio and/or sales on the secondary market of mortgage loans by developing business contacts; attracting and soliciting mortgage customers; and ensuring the completion of the mortgage loan process. Develops and maintains successful relationships with business referral sources. ESSENTIAL FUNCTIONS

• Originates single family home mortgage applications from outside sources, realtors, builders, financial planners and accountants.
• Meets with bank referrals to discuss various mortgage options.
• Interviews customer; takes mortgage loan application; pulls credit report; runs loan through automated underwriting (AUS).
• Provides written pre-qualification letter for applicants to home shop.
• Determines which mortgage product will work best for customer.
• Reviews loan for QM and ATR requirements and compliance.
• Must have thorough knowledge of all agency and government products to decide best product for customer per agency or investor guidelines.
• Locks interest rate with investor for 45-60 days.
• Provides all disclosures and is responsible for compliant regulatory disclosures.
• Collects all documentation necessary to approve mortgage loan.
• Examines and analyzes financial and income documents.
• Initiates appraisal request order through Bank's third party appraisal portal.
• Submits mortgage application through mortgage LOS to mortgage loan processor.
• Discusses mortgage process and application with processor, underwriter and closer.
• Coordinates processing and works with customer and closing agent on closing date.
• Provides updates to customer as well as all involved parties to mortgage loan.
• Accepts modification requests from Bank mortgage loan portfolio.
• Collects documents; updates credit and income; analyzes modification requests; and forwards to processing.
• Attends bank events promoting mortgage products and services.
• Maintains a thorough knowledge of all American National Bank products, services, procedures, policies and appropriate regulatory issues relating to daily job functions including but not limited to: Bank Secrecy Act; Privacy; Fair Lending; Regulation E; deposit, transaction and loan accounts.
• Normal office working environment.
• Travel to banking offices as needed.
• Valid driver's license required.
  
  Requirements:
  

• Excellent interpersonal skills are essential.
• Deals effectively with varying workload requirements - sets priorities and manages time wisely.
• Must be well organized and detail-oriented with experience managing multiple tasks.
• Exercises sound judgment and decision-making skills.
• Demonstrates good communication skills, both verbal and written.
• Exhibits a passion for excellent customer service.
• Proficient with Microsoft Office products and other relevant software. EDUCATION AND EXPERIENCE
  • Bachelor's Degree in finance, accounting, business or related field.
  • 3-7 years' mortgage experience.
  • Demonstrated understanding of mortgage processing, underwriting and closing procedures.
  • Knowledge of conventional and/or government lending guidelines.
  • Understanding of Federal Regulations governing Real Estate Lending. The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. American National Bank is an equal opportunity employer. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. PM21 PI200852054

Keywords: American National Bank and Trust Company, Roanoke , Mortgage Loan Originator, Accounting, Auditing , Christiansburg, Virginia