Service Credit Union ยท 2 days ago
Mortgage Loan Originator - Portsmouth, NH
Portsmouth, NH
Full-time
Onsite
Entry, Mid Level
2+ years expService Credit Union is seeking a Mortgage Loan Originator (MLO) who will be responsible for guiding borrowers through the mortgage application process, from initial consultation through closing. The role involves assessing borrowers' financial situations, recommending mortgage products, and ensuring a smooth, transparent experience.
BankingFinancial Services
Responsibilities
Meet with potential borrowers to discuss their financial needs and review their mortgage options
Analyze clients' financial situations, including income, credit, and debt, to recommend appropriate loan products
Provide detailed explanations of various loan programs, interest rates, and terms to help clients make informed decisions
Assist borrowers in completing mortgage loan applications accurately
Gather and review required documentation such as income statements, credit reports, tax returns, and asset information
Submit complete mortgage applications to processing, ensuring all necessary documentation is included
Build and maintain strong relationships with real estate agents, brokers, attorneys, and other referral sources
Provide excellent service to borrowers throughout the loan process, keeping them informed and answering questions
Maintain a network of prospective clients through outreach and marketing efforts
Stay informed of industry regulations, including federal, state, and local mortgage lending laws (e.g., TILA, RESPA)
Ensure all loan files meet regulatory and compliance standards
Work with processing and underwriting departments to resolve any issues during the loan approval process
Keep up-to-date with market trends, interest rates, and changes in mortgage products
Provide advice and insights to clients about the mortgage market and forecasted trends
Work closely with processors, underwriters, and closing departments to ensure smooth and timely loan approvals
Coordinate loan closings, ensuring all paperwork is complete and accurate
Qualification
Required
NMLS (National Mortgage Licensing System) certification required
2-3 years of experience as a Mortgage Loan Officer, Loan Originator, or similar role
Proven track record of success in sales, customer service, or real estate-related fields
Strong knowledge of mortgage products, industry trends, and regulatory requirements
Excellent interpersonal and communication skills
Proficiency in using loan origination software and CRM tools
Ability to analyze financial documents and assess creditworthiness
Detail-oriented with strong organizational and time management skills
Ability to work independently and as part of a team in a fast-paced environment
Preferred
Bachelor's degree in Finance, Business, or a related field (preferred, not required)
Benefits
Great health and dental benefits starting day one!
PTO, long-term disability, and 11 paid holidays.
401k with 8% company contribution after one year of employment.
Paid leave policy after 12 consecutive months of employment.
Free confidential mental health support program with Talkspace
Free identify theft protection through IdentityForce.
Tuition reimbursement.
Training and career growth opportunities.
Company
Service Credit Union
Service Credit Union is a not-for-profit, member-owned financial cooperative firm.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Jeff Benson
Chief Technology Officer and Senior Vice President
Recent News
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