Mortgage Loan Originator
Company: Elevations Credit Union
Location: Broomfield
Posted on: July 30, 2022
Job Description:
When joining Elevations, you can expect to work for a company
with:
- A leadership team that strives to make this the best place
you've ever worked!
- A focus on supporting our employees' mental, physical, and
financial well-being
- A commitment to diversity, equity, and inclusion recognized by
the Denver Business Journal and Colorado Association of
Realtors
- A highly engaged workforce devoted to innovation, continuous
improvement, and collaboration
- A reputation for excellence, as evidenced by being a two-time
recipient of the Malcolm Baldrige National Quality Award
- A passion for consistently providing amazing experiences and
creating raving fansIf you join our team, here are some of the
perks you can expect:
- Highly competitive commission-based pay structure (with no
cap!)
- 6 weeks fully paid parental leave
- Paid board affiliations and memberships
- Personalized onboarding through our Mortgage Sales
Concierge
- In-house underwriters and closers
- Dedicated marketing support from our business development team
and a mortgage CRM (Jungo and Bombomb)
- Access to over 300 Colorado real estate events, seminars, and
activities that we attend, sponsor, or host each year
- Relationship processing - a unique team approach to efficiently
processing loans
- Ample opportunity to learn, develop and grow with access to
LinkedIn Learning, career and leadership development programs, job
shadowing, a mentor program, and tuition reimbursement up to
$5,250/yearSummary/Objective:Originates mortgage loans in an
assigned territory; develops referral relationships with realtors,
builders, bankers, and other sources in order to proactively
solicit business and conduct sales-related activities, in order to
meet specific loan volume origination goals. Counsels customers,
takes applications, conducts preliminary underwriting reviews, and
submits loan applications to processing and underwriting for
approval using laptop technology. Remains front line contact with
customers and realtors to ensure that documents required for
processing, underwriting, and closing are secured in a timely
manner. The salary for this position is 100% commission.Essential
Functions include:
- Interviews and assists members. Inputs loan applications into
on-line loan system. Monitors on-line queue of member originated
loans. Reviews files for completeness and accuracy. Communicates
with loan processor/closer regarding any outstanding items and/or
additional documentation needed. Requests additional information.
Communicates terms and conditions of an approved loan and reviews
with member. Delivers Good Faith Estimate/ TIL disclosures within
72 hours of application date.
- Assists with processing and loan closing coordination with
member.
- Cross-sells other credit union services.
- Keeps informed of current trends in mortgage lending and market
factors affecting mortgage lending.
- Adheres to all applicable Federal and State laws and
regulations governing the Credit Union, including the Bank Secrecy
Act (BSA).Reports to:Mortgage Sales ManagerManages:This role does
not have supervisory responsibilityRequired Education and
Experience:
- Equivalent to a two-year college degree or completion of a
specialized course of study at a business or trade school
- Minimum of two years' experience in Mortgage Loan Officer role
in similar organizationPreferred Education and
Experience:Experience with FNMA Desktop Underwriter, FHLMC, FHA,
and VA, PC Lender and Mortgage processing systems desired.Work
Environment:Elevations uses multi-factor authentication to keep our
data safe. As such, a personal smart phone is a requirement for
employment with us. This job operates in an office setting and
routinely uses standard office equipment.Physical
Requirements:Sitting frequently, walking occasionally, use of hands
frequently, hearing constantly, talking frequently, exerting up to
10 lbs of force occasionally to lift, carry, push, pull, or move
objects.Position Type/Expected Hours of Work:Full time / 40 hours
per weekClassification:ExemptLocation:Broomfield, CO - Elevations
BasecampCompensation:100% uncapped committedOther Duties:Please
note this job description is not designed to cover or contain a
comprehensive listing of activities, duties or responsibilities
that are required of the employee for this job. Duties,
responsibilities and activities may change at any time with or
without notice.About Us: Elevations Credit Union is a member-owned
not-for-profit financial institution serving Colorado's Front
Range. Founded in 1952, we've grown from 12 members and less than
$100 in assets to an institution with 15 branches and more than
170,000 members that manages over $3 billion in assets and is the
No. 1 credit union mortgage lender in Colorado. At Elevations,
we've made a commitment to move away from a product-centered
business model and focus instead on creating consumer solutions.
Our objective is to provide our members, as well as the entire
community, with unbiased consumer information.EEO Statement:
Elevations Credit Union is an equal opportunity employer. We do not
discriminate on the basis of race, color, religion, marital status,
age, national origin, ancestry, physical or mental disability,
medical condition, pregnancy, genetic information, gender, sexual
orientation, gender identity or expression, veteran status, or any
other status protected under federal, state, or local law. All
aspects of employment including the decision to hire, promote,
discipline, or discharge, will be based on merit, competence,
performance, and business needs.Candidates for certain positions
may be required to submit to a credit history report in determining
qualification for employment with Elevations Credit Union. If the
position you are applying for requires a credit history report, any
information received in such a report will not be the sole factor
in making an employment decision. A history of personal financial
irresponsibility may be reason for disqualification insofar as it
relates to your potential job duties. Elevations Credit Union is
aware that occasionally there are extenuating circumstances that
may affect an individual's credit history. We comply with the Fair
Credit Reporting Act and the Colorado Employment Opportunity
Act.ELEVATIONS CREDIT UNION'S COMMITMENT TO PRIVACYYour privacy is
important to us. Our Privacy Policy covers the "personal
information" we collect through our Sites including "personal
information" collected on our Careers site. Examples of personal
information on the Careers site include your name, contact details,
and information you provide for purposes of job applications.The
following link to our Privacy Policy explains how we protect your
privacy when you visit our Careers site and the other Elevations
Credit Union sites that display our Privacy Policy (our "Site(s)").
This Privacy Policy describes what types of information we gather
and track, how this information is used, and with whom it is
shared. If you have any questions about this Privacy Policy, please
contact us. This site is operated by the Elevations Credit Union
company established in the country to which the content of the site
is directed. This Elevations Credit Union company is referred to in
this Privacy Policy as "Elevations Credit Union," "we," "us," and
"our."
Keywords: Elevations Credit Union, Broomfield , Mortgage Loan Originator, Other , Broomfield, Colorado
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