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Open Position: Mortgage Loan Originator

Job Title: Mortgage Loan Originator
Reports To: Arboles Operating Manager/Trellis Chief Operating Officer
Approved Date: August 9, 2019
Classification: Non-Exempt/Hourly plus commission

JOB SUMMARY

The Mortgage Loan Originator (“MLO”) will sell and close conventional, FHA and VA residential home loans in Arizona. The MLO will pre-qualify prospective homebuyers and will be responsible for sourcing quality loans that meet guidelines and for generating loan applications that meet or exceed annual strategic goals. Arboles Home Mortgage, LLC which will offer traditional lending products through brokerage partners, but it’s so much more than your usual lending company. MLO must be responsive, driven, and interested in a career that allows them to continue using their skills for a company that will benefit Arizonans.
The position requires S.A.F.E. Act Licensing. MUST HAVE CURRENT ACTIVE NMLS ORIGINATOR LICENSE.

ESSENTIAL FUNCTIONS

  • Originate high quality loans which meet loan guidelines.
  • Analyze detailed loan related documents such as financial documents, appraisals, title reports, product and program guidelines and policies.
  • Demonstrates outstanding customer service skills when working with customers, including internal and external business contacts.
  • Complies with all applicable laws and regulations.
  • Complies with all applicable policies and procedures, internal and external.
  • Uses authorized methods to originate loans.
  • Develops relationships with real estate professionals and other referral sources.
  • Answers all telephone and email inquiries and returns email and voice mail messages promptly.
  • Ensures that all customers, realtors, counselors, real estate development department staff, are informed promptly as to any changes of status on loan pre- qualifications or applications.
  • Accurately records production reports and time sheet records daily and submit to management.
  • Must maintain organized audit compliant files which can easily be researched by others.
  • Maintains accurate pipeline information related to closed/funded, declined, withdrawn and inactive files.
  • Recommends improvements in products and procedures to ensure the optimum effectiveness of lending programs and overall lending department.
  • Reviews all information provided by the applicant, pulls and evaluates their credit report and determines the appropriate qualification disposition.
  • Timely informs all applicants of their disposition.
  • Data entry into loan origination system (LOS).
  • Import loan data via FNMA 3.2 format to wholesale lender partners.
  • Run DO/DU and register loans with wholesale lender partners.
  • Generate and issue initial Loan Estimate (LE) and disclosures.

QUALIFICATIONS

  • MUST HAVE CURRENT ACTIVE NMLS ORIGINATOR LICENSE
  • Minimum High School certification is required with a minimum of 3 years mortgage lending and customer service experience.
  • Candidate should be able to work independently while demonstrating a high degree of patience when working with a wide variety of customers.
  • Must possess good writing and telephone communication skills.
  • Fluency and literacy in Spanish is preferred, but not required.
  • Proficient in Word, PowerPoint, Excel, and Calyx Point
  • Ability to complete lending computations including, debt-to-income ratios, Loan-to-Value (LTV) ratios and Combined Loan-to-Value (CLTV) ratios
  • Knowledge of lending regulations and laws.
  • Ability to learn and use new computer systems, specifically LOS and wholesale lender web portals

CERTIFICATES, LICENSES, REGISTRATIONS

Employee must present proof of automobile insurance coverage. Minimum liability limits shall be $100,000 bodily injury and $25,000 property damage coverage or such limits as deemed appropriate by the Chief Executive Officer.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel. The employee frequently is required to reach with hands and arms.

The employee is regularly required to drive. The employee is occasionally required to stand, walk, talk and hear. Specific vision abilities required by this job include close vision, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

HOW TO APPLY

To apply for this position, please send your resume and cover letter to Ramona Aceves at raceves@trellisaz.org.

EMPLOYMENT REGULATIONS

We comply with Equal Employment Opportunity and Affirmative Action laws and regulations. This is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts or working conditions associated with this job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Arboles Home Mortgage, LLC is in the business of lending, we also care a great deal about our community and working to make it stronger every day. That’s why the revenue generated from the purchase of a customer’s dream home only goes toward operating costs, and 100% of the profit is donated to Trellis: a nonprofit that makes homeownership a reality for Arizonans regardless of their income, education or background. When someone closes with Arboles Home Mortgage, LLC, they’re helping a local family purchase the home they dream of.

THIS JOB DESCRIPTION REPLACES ALL PREVIOUS JOB DESCRIPTIONS FOR THIS POSITION.

NMLS 1705737, Mortgage Broker 0947045 Equal Employment Opportunity
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