Mortgage Loan Originator
Milford Federal is looking for a full-time Mortgage Loan Originator to join our Business Development Team. The Loan Originator is responsible for generating self-identified leads outside of Milford Federal’s existing customer base. They will initiate the mortgage process for potential clients, analyzing and verifying mortgage loan applications for the purchase or refinance of consumer real estate.
The primary function of the Loan Originator will be to:
- Identify applicants for first, second mortgage applications and pre-approvals
- Determine and recommend appropriate loan products to meet the borrowers’ needs
- Ability to identify the creditworthiness of borrowers by examining credit reports, tax returns and assets.
- Responsible for making sure that all applications are complete and all documents are collected or uploaded prior to submitting for underwriting.
- Disclose Loan estimates and other necessary information within the required timeframe.
- Keep customers informed throughout the entire process.
- Develop strong working relationships with realtors, builders and centers of influence.
- Maintain and update pipeline and other reporting metrics.
- Position requires an NMLS #
- Responsible for complying with all applicable regulations and disclosures associated with all mortgage applications.
Knowledge/Skills/Experience Requirements:
Excellent communications, customer service and follow-up skills. Position requires NMLS# through the Nationwide Mortgage Registry System.
Milford Federal Bank offers competitive wages and industry leading benefits including Health and Dental insurance, 401(K), FSA, & Life Insurance, short & long term disability, tuition reimbursement, charitable match contributions.
Position is hourly & monthly commission.
Milford Federal is an Equal Opportunity Employer.
