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BrightBridge Credit Union · 1 week ago

Mortgage Loan Originator - Internal (Haverhill & Lawrence, MA)

Lawrence, MA

Full-time

Onsite

Entry, Mid Level

$53K/yr - $64K/yr

1+ years exp

BrightBridge Credit Union is seeking a Mortgage Loan Originator to help members achieve homeownership. This role involves originating first mortgage and home equity loan products while ensuring compliance and providing an exceptional member experience throughout the lending process.

BankingFinancial ServicesLendingMortgage

Responsibilities

Prequalifies members and potential members to appropriate loan products based on individual credit profiles and credit needs. Analyzes application to determine documents necessary to submit loan application for processing. Obtains tax returns, bank statements, etc., from member as needed

Answers general inquiries from members or prospective members concerning rates, products, loan requirements and

Maintains knowledge of current changes to investor guidelines, product changes, the general financial industry, and the real estate market in which the originator is assigned

Maintains knowledge of compliance laws applicable to mortgage and home equity loan originations including Equal Credit Opportunity Act (ECOA), Real Estate Settlement Procedures Act (RESPA), Regulation Z (Truth in Lending, Good Faith Estimate), Regulation C (Home Mortgage Disclosure Act HMDA), and other state and federal laws which may be applicable

Maintains knowledge of all Credit Union products and services for the benefit of cross-selling to members or potential members

Prepares the first mortgage applications in the Encompass system. Runs the credit, submits to DU, and discusses options with the Member. Completes follow-up to ensure the application remains in compliance with regulations and BrightBridge processes and procedures

Submits well prepared and organized mortgage loan and home equity loan application packages to loan processing within specified time periods, including accurate and detailed information input into the Encompass systems

Provides feedback to management with regard to competitor's pricing, products and other applicable issues, as they may become known

Performs additional duties as requested

Qualification

Mortgage loan originationNMLS registrationUnderwriting guidelines knowledgeSales abilityBilingual SpanishWindows proficiencyOrganizational skillsCommunication skills

Required

Associates degree or equivalent experience in the mortgage/consumer lending industry

One to three years bank/mortgage company/credit union experience as a mortgage originator

Proven sales ability developing and cultivating relationships with members and the general public

Detail oriented, excellent organizational skills, strong written and verbal communication skills, and commitment to working in a team environment

Experience with personal computers and a Windows environment including Outlook, Excel and Word. Lap Top organizational skills required

Valid driver's license required

Must be eligible to register with the Nationwide Mortgage Licensing System & Registry (NMLS) and must maintain registration with NMLS as a registered Mortgage Loan Originator (MLO)