Mortgage Loan Originator, Full-Time, Hybrid Marlboro MA

Schedule

Mon - Fri: 8 AM - 5 PM, Alt. Saturdays 9-3 (40 Hours)

What You'll Do

Summary/Objective:

The Mortgage Loan Originator is responsible for managing a pipeline while serving as the primary point of contact for members seeking loan pre-qualification and/or completing a mortgage application.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Prequalify members and potential members to appropriate loan products based on individual credit profiles in order to help members achieve their financial goals. Analyzes application to determine documents necessary to submit loan application for processing.
• Complete formal mortgage application (RESPA 6) for members wishing to apply for a mortgage.
• Analyze with the assistance of the AUS (DU/LPA) to issue verified pre-qualification letters according to Fast Track program guidelines.
• Communicate effectively in a fast paced environment with members or potential members concerning general inquires, rates, products, loan requirements and application process via phone, email or face to face meeting.
• Maintain knowledge of current changes to investor guidelines, product changes, the general financial industry, and the real estate market.
• Maintain knowledge of compliance laws applicable to mortgage and home equity loan originations including, but not limited to: Equal Credit Opportunity Act (ECOA), Real Estate Settlement Procedures Act (RESPA), Regulation Z (Truth in Lending, Know Before You Owe), Regulation C (Home Mortgage Disclosure Act - HMDA), and other stated and federal laws which may be applicable.
• Actively engage with external partners (Realtors, Financial Planners, Accountants, Builders, and various trade associations) and attend local/state networking events to increase DCU's marketshare in mortgage originations.
• Conduct educational seminars inconjucntion with internal and external partners that focus on DCU's core values and beliefes
• Maintain knowledge of all credit union products and services for the benefit of cross-selling to members or potential members.
• Ensure compliance with all applicable state and federal laws and regulations.
• Perform other job-related duties as assigned by Managers(s).

What You'll Need

Education and Experience Requirements:

• Minimum of a high school diploma or equivalent
• 3-5 years mortgage or related experience
• Knowledge of Secondary Market guidelines (Fannie Mae & Freddie Mac)

Additional Eligibility Requirements:

• Technical Skills: Word, Excel, Outlook etc.
• Professional written and verbal communication skills
• Knowledge of Loan Origination System (LOS), Point-of-Sale, Product & Pricing Engine
• Requires compliance with the SAFE Mortgage Licensing Act of 2008 and all related regulations

What We Do

DCU is the largest credit union headquartered in New England - serving more than one million members in all 50 states. With over 1,700 team members, we strive to make DCU a great place to work with an excellent work-life balance, and a community that cares.

DCU is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to careers@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.

DCU is not currently offering Visa transfer/ sponsorship for this position.

Expected Pay Range