Jobs and Careers

Senior Mortgage Officer

United Statesfull_timeVerifiedPosted 30 Oct 2024

💰 $150,000/yr($43,000/yr – $150,000/yr)

About the role

Salary Range: $43,000 - $150,000.00+ This role is commission based and the annual earnings are based on production, with a minimum earnings of $43,000.00
Exact compensation may vary based on skill, experience and location.POSITION PURPOSEResponsible for originating real estate loans. Contacts real estate salespeople and brokers, subdivision sales offices, custom builders, and others for real estate sales referrals, prospects, and leads. ESSENTIAL FUNCTIONS AND BASIC DUTIES

Discuss SAFE’s mortgage programs with potential borrowers.
Determine if applicants qualify for requested mortgages; recommend appropriate mortgage programs.
Responsible for obtaining complete mortgage applications, including required supporting documentation and signed up-front disclosures.
Submit timely, accurate, and complete mortgage files to Real Estate Operations for processing, underwriting, doc drawing, and funding.
Meet minimum production goals, as assigned.
Send required documentation to Real Estate Operations in a timely fashion so up-front mortgage RESPA disclosure requirements can be met.
Maintain current, complete, and accurate status in origination systems for all loans assigned.
Make presentations and represent SAFE at functions, as directed.
Develop referral sources through builder and realtor association groups, as well as in the community.
Develop a purchase pipeline by building a network of realtors to refer potential buyers.
Verify status of loans in pipeline, providing status updates to borrowers and referral partners.
Complete other duties, as assigned.

QUALIFICATIONS Education/Certification: Associate's degree or equivalent from a two-year college or technical school; and five to eight years of related experience and/or training; or an equivalent combination of education and experience.Certification:

NMLS license.

Required Knowledge: Five or more years of experience in mortgage sales. Knowledge of FNMA, HUD, USDA, VA, and FHLMC guidelines. Experience with Mortgagebot, E3, Point, and Encompass preferred. Experience Required: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Skills/Abilities:

Excellent oral and written communication skills.
Demonstrated skill in planning, organizing, and controlling work.
Good public relations ability, with the ability to speak clearly.
Ability to work in a team environment.
Ability to use a personal computer, with emphasis on Microsoft Office (Word, Excel).

WORK ENVIRONMENT/PHYSICAL DEMANDS SUMMARY LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.
Ability to write routine reports and correspondence.
Ability to speak effectively before groups of customers or employees of organization.

MATHEMATICAL SKILLS AND REASONING ABILITY

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to deal with problems involving several concrete variables in standardized situations.

PHYSICAL DEMANDS AND WORK ENVIRONMENTThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential