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Mortgage Loan Originator-Low Pen Market - Atlanta Georgia
Location: Atlanta, Georgia
Posted On: 11/13/2024
GENERAL FUNCTION: Within a market defined by Distribution Strategies as low penetration, performs a wide range of duties relating to the origination of residential1st mortgage loans from branch offices and outside referrals. Meets standards andobjectivesdefined by management for mortgage loan sales and cross-selling objectives. Assumes overall responsibility for the residential mortgage loan from application to closing.
ESSENTIAL DUTIES & RESPONSIBILITIES:
* Develop referral contacts (realtors, builders, professional and personal contacts).
* Maintain knowledge of Fifth Third Mortgage Company''s policies and procedures.
* Maintain knowledge of available loan products, processing procedures, and underwriting and
general departmental guidelines.
* Follow defined protocol for escalation exceptions.
* Take applicant applications by completing Fannie Mae form 1003 on the laptop.
* Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan
Prospector responses and transmitting the loan to LOMAS.
* Collect appropriate documentation from each applicant and deliver loan package in the time
frames set by management.
* Manage pipeline for all originated loans through closing and complete required management
reports.
* Communicate with branches and/or applicants of providing timely updates and progress reports.
* Maintain high levels of customer service while managing each applicant''s and support staff#s
expectations.
* Attend and participate in all Consumer Lending meetings as required by management.
SUPERVISORY RESPONSIBILITIES: None.
Mortgage Loan Officer must meet the following criteria:
Three years of mortgage lending experience.
Established book of business (local centers of influence willing to refer mortgage loans to you).
Existing mortgage sales of $1million per month, and 4 purchase units closed per month.
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