Mortgage Originator
Core
Originate FHA/VA and conventional residential mortgage loans by assessing creditworthiness, analyzing financial data, and advising customers on loan products.
Role type
Mortgage Originator (Sales IC)
Builds
Residential mortgage loans for individual borrowers
Domain
Financial Services / Real Estate Lending
Required skills
Credit analysis, Financial data interpretation, Regulatory compliance (SAFE Act/FHA/VA), Sales negotiation, Market trend analysis, Relationship management
Preferred skills
Real estate law knowledge, Community outreach, Seminar presentation, Independent work
Technologies
Personal computers, Mortgage department software
Responsibilities
Interview applicants to collect income, asset, debt, and credit data; Assess applicant creditworthiness and issue pre-qualification statements; Recommend appropriate mortgage loan programs and alternative lending vehicles; Cultivate new business through contacts with Realtors, builders, and developers; Negotiate loan terms and conditions; Ensure compliance with origination procedures and regulatory requirements; Monitor local real estate market trends and regulatory changes.
Seniority
Mid-level, independent IC