MORTGAGE LOAN ORIGINATOR in Toledo, OH 43699 - Fifth Third Bank
Information
Job Title MORTGAGE LOAN ORIGINATOR    
Date 2009-11-20
Company Fifth Third Bank (View All Jobs)
Location Toledo, OH 43699
Category Banking/Mortgage
Posted by MikeSW
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Job Description



GENERAL FUNCTION: 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. DUTIES & 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 of 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 of providing 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. SUPERVISORY RESPONSIBILITIES: None.



MINIMUM KNOWLEDGE, SKILLS & ABILITIES 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.


Job type: Full Time


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