Junior Loan Originator FT
Edina, MN 
Posted 3 months ago
Job Description
GENERAL SUMMARY Obtains purchase and refinance mortgage loans in accordance with established policies and procedures and appropriate guidelines by calling upon realtors; builders; past clients and referral partners; provides strong communication and support to management, underwriting, processors, and customers to clear stipulations needed. Reviews loans in process daily and enters data from new loan applications and other documents into computer system. Orders credit reports, appraisals, flood certifications, and title work. Provides follow-up on a consistent basis with internal staff, borrowers, and agents to complete processing. Responds to inquiries from agents/referral partners and borrowers regarding status of loans in process. Creates and maintains loan files. Maintains status of all files in process and updates as needed; keeps abreast of all FHA, VA, and conventional guidelines and changes that may affect loan status. Completes all required paperwork and forms in a timely and accurate manner; prepares required reports. Responsible for providing support to loan originators within assigned branch.DUTIES AND RESPONSIBILITIES The primary job duties and responsibilities of this position include but are not limited to: * Promote Envoy's products to Real Estate Agents, Home Buyers, and other lead sources by developing in-depth knowledge of Envoy's products, systems and competitive advantages. * Responsible for the development of leads for a specific loan originator. * Request and gather relevant information/documents from the borrower to complete the application, its structure and all loan disclosures. This must be done in coordination with processing as well as underwriting. * Monitor the process and communicate effectively with the borrower and all other parties to the transaction on the status of the loan * Attend Open Houses, Realtor Sales Meetings and other appropriate business functions. * Ability to learn, or have past in-depth experience, in mortgage banking process, with a preference in residential mortgage banking. * Ensure maintenance of a current license to perform Loan Originator duties within their assigned branch. * Comply with local, state and federal laws regarding mortgage industry, guidelines and practices. * Conduct business in an ethical manner and in the best interest of Envoy, with Envoy's core values in mind. * Become knowledgeable with Envoy's process, policies and procedures. * Superior ability with required communication, organizational and computer skills. * Any other duties as assigned by the Branch Manager. THIS JOB DESCRIPTION IS NOT INTENDED TO BE ALL-INCLUSIVE. THE INCUMBENT WILL ALSO PERFORM OTHER REASONABLY RELATED BUSINESS DUTIES AS ASSIGNED BY MANAGEMENT. QUALIFICATIONSListed below are the minimum qualifications required to successfully perform this role. These qualifications are necessary for someone to be considered for this position.Qualifications include: * 1-2 Years of experience in similar setting. * Knowledge of Microsoft Excel, Word and Outlook. * A Bachelor's degree is preferred. * Excellent customer service skills and working in a team environment. * Excellent interpersonal, relationship building, verbal and written skills are a must. * Must be a self-starter who is reliable, detail oriented and the ability to resolve issues. * Must hold State NMLS or obtain applicable State license within 90 days of employment and satisfactorily pass background check. PHYSICAL REQUIREMENTS * The employee must occasionally lift and/or move up to 25 pounds * Specific vision abilities required by this job include close vision * While performing the duties of this job, the employee is regularly required to sit, use hands to finger, handle, or feel; reach with hands and arms; and talk or hear * The employee is occasionally required to stand; walk; climb or balance and stoop, kneel, crouch or crawl Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled


Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
1 to 2 years
Email this Job to Yourself or a Friend
Indicates required fields