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U.S. Bank · 3 days ago

Non-Bank Mortgage Loan Originator

Houston, TX

Full-time

Hybrid

Entry Level

$20/hr - $20/hr

1+ years exp

U.S. Bank is on a journey to help customers and businesses make smarter financial decisions. The Non-Bank Mortgage Loan Originator role involves originating mortgage loans, conducting preliminary underwriting reviews, and managing loan applications while working primarily outside of U.S. Bank locations.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Originates mortgage loans in an assigned non-bank territory

Takes applications, conducts preliminary underwriting reviews, submits loan applications to processing and underwriting for approval

Follows-up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources

Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations

Incumbents are expected to spend at least 50% of their time conducting their activities away from U.S. Bank locations

Qualification

NMLS registrationMortgage loan originationSales abilityUnderwriting knowledgeFinancial analysisEstablished referral baseLawsEffective communicationWork independently

Required

High school diploma or equivalent

Minimum one year of mortgage, sales, real estate, or banking experience

Ability to travel

National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z

Preferred

Well-developed sales ability

Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies

Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors, as gained through on the job training or some real estate brokerage experience

Basic knowledge of local, state and national laws (e.g., zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)

Ability to work independently

Ability to analyze financial information

Effective verbal and written communication skills

Established referral base within assigned market preferred

2 years of mortgage loan origination experience with proven results

This role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week

San Antonio, Houston and Austin markets