Fifth Third Bank
Overview
Mortgage Loan Originator role at Fifth Third Bank. Performs a wide range of duties relating to the origination of residential 1st mortgage loans for outside referrals. 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. Note:
This description reflects responsibilities and qualifications required for the position and does not include non-job-related marketing or informational content. Essential Duties And 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 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 with 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. Minimum Knowledge And Skills Required
High school diploma or equivalent mandatory. Four-year college degree preferred. Knowledge of conventional and/or government lending guidelines. Knowledge of residential mortgage processing, underwriting, and closing procedures. Knowledge of federal lending regulations governing real estate lending. Demonstrated organizational skills. Strong written and verbal communications skills. Demonstrated teamwork and customer service skills. Proven computer skills. Basic sales technique skills. Strong desire to excel in a competitive environment. This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS website provides the MU4R questions and registration required for employment in this position. Compensation And Benefits
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. Our extensive benefits programs are designed to support the needs of our employees and families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on the Fifth Third careers page or by consulting with your talent acquisition partner. LOCATION -- Crown Point, Indiana 46307 Fifth Third Bank, National Association is committed to equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Seniority level
Entry level Employment type
Full-time Job function
Finance and Sales
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Mortgage Loan Originator role at Fifth Third Bank. Performs a wide range of duties relating to the origination of residential 1st mortgage loans for outside referrals. 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. Note:
This description reflects responsibilities and qualifications required for the position and does not include non-job-related marketing or informational content. Essential Duties And 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 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 with 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. Minimum Knowledge And Skills Required
High school diploma or equivalent mandatory. Four-year college degree preferred. Knowledge of conventional and/or government lending guidelines. Knowledge of residential mortgage processing, underwriting, and closing procedures. Knowledge of federal lending regulations governing real estate lending. Demonstrated organizational skills. Strong written and verbal communications skills. Demonstrated teamwork and customer service skills. Proven computer skills. Basic sales technique skills. Strong desire to excel in a competitive environment. This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS website provides the MU4R questions and registration required for employment in this position. Compensation And Benefits
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. Our extensive benefits programs are designed to support the needs of our employees and families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on the Fifth Third careers page or by consulting with your talent acquisition partner. LOCATION -- Crown Point, Indiana 46307 Fifth Third Bank, National Association is committed to equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Seniority level
Entry level Employment type
Full-time Job function
Finance and Sales
#J-18808-Ljbffr