Mortgage Loan Originator NE

Hilltop Holdings Philadelphia , PA 19107

Posted 4 weeks ago

Under the direction of the Branch and/or Production Manager, performs office or nonmanual work directly related to the management or general business operations of PrimeLending and its customers and markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past clients. Essential Functions Markets and promotes PrimeLending's financial products; Originators are expected to meet the Company's minimum production standards of 3 funded units per month on an ongoing basis, by taking complete and accurate loan applications, using PrimeLending's product set.

Establishes and maintains relationships with realtors, bank officers, builders and new home sales representatives in order to develop and retain existing business; and by visiting subdivisions as required. Monitors overall customer interaction and interfaces with all parties involved on each individual loan from application to closing, including but not limited to counseling and pre-qualifying potential home buyers. Collects and analyzes information regarding the customer's income, assets, investments or debts.

Evaluates PrimeLending's and other loan products and services and determines which financial products best meet the customer's needs and financial circumstances. Advises the customer regarding the advantages and disadvantages of different loan products. Services existing customers and obtains all necessary support documents along with the appropriate fees and lock in information.

Oversees the loan process by monitoring loan status and ensures conformity with terms. Communicates loan status to all interested parties, and obtains loan documentation after closing. Negotiates terms and conditions of loans with customers.

Stays abreast of trends and developments in the local real estate market and competitive environment, as well as, changes in rules and regulations pertaining to private and government insured mortgages. Maintains a professional image and adheres to standards consistent with company policies and procedures. May supervise and direct the activities of other loan officer(s), loan officer assistant(s), or loan processor(s). Other duties as assigned.

Job Requirements High school diploma or equivalent. Appropriate licenses, if State required. A minimum of 12 months loan originator experience required for Loan Originator; minimum of 5 years loan originator experience required for Senior Loan Originator.

Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc. Demonstrated judgment and decision making ability. Excellent and effective presentation and communication skills, both verbal and written.

Ability to quickly assess and process large amounts of data and use of appropriate AU software technology. Must be active in the community and in those job-related organizations to enhance the network of beneficial contacts. Continue to expand knowledge of issues influencing the industry and the organization.

Valid driver's license and current automobile liability insurance. About the Company Ranked a Top 10 purchase lender in 2012, 2013, 2014 and 2015*, PrimeLending provides a wide array of loan products, including fixed and adjustable rate mortgages, FHA and VA loans, jumbo loans, refinancing options, renovation loans and relocation programs. We offer dependable service and stability coupled with speed and agility. Our exceptional customer service is powered by accelerated closing times.



icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Leasing Associate Originator

Bank Of America Corporation

Posted 1 week ago

VIEW JOBS 6/28/2022 12:00:00 AM 2022-09-26T00:00 Job Description: Business Overview: Bank of America Global Leasing is the largest U.S. equipment financing company, serving over 59,000 clients worldwide. We have $71 billion in total assets, and have a significant global presence, with nearly 1,000 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy. * Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A. Essential Functions: Associate at this level will be primarily responsible for developing new clients and bringing incremental leverage and lease/loan growth to assigned Originators within their respective market. The position is responsible for the end-to-end sales process on assigned transactions and working with Management and Originations on other projects directly linked to improving performance within the Region. All activities and transactions assigned will be under the guidance of the Region Manager and assigned Originators, via direct partnering with bank client teams and other direct business development activities such as cold calling, reviewing financial statements, etc. The incumbent will possess the skills necessary to review and comprehend company financial statements for potential lease and loan products, price, structure, discuss and win potential financial solutions with clients/prospects by effectively partnering with internal stakeholders to lead a transaction through the mandate, approval, documentation and closing processes. Position will be responsible for identifying new business, winning/closing it in a very effective and efficient manner. Routine travel to meet with bank partners, clients and prospects is required. Other responsibilities include prospecting and business development projects throughout the broader region under the guidance of the Regional Manager. These activities will be project driven and revolve around prospecting a specific market or industry for an assigned Originator. Preferred Education: Undergraduate degree in a Business concentration; MBA preferred. Preferred Prior Work Experience: Three + years of Leasing, Sales or Commercial Banking experience creating, structuring and negotiating credit deals. Preferred/Desired Skills: * Self-starter with successful track record developing prospects within the respective market * Client Management skills - Bank, clients, prospects and COI's * Effective communication skills (oral and written) along with group presentation finesse * History of working within a complex framework of structured internal and external organizational teams. * Detailed deal management skills and ability to meet deadlines. * Ability to meet multiple goals: Volume, Fee, Spread, New Clients, Calling, Compliance * Thorough understanding of complex pricing and transaction structuring - taxable loans, leases and tax exempt loans; SuperTrump experience preferred * Understanding of financial and accounting concepts * Locations: Philadelphia, New York, Providence, Boston. * Travel - 50-75% Shift: 1st shift (United States of America) Hours Per Week: 40 Bank Of America Corporation Philadelphia PA

Mortgage Loan Originator NE

Hilltop Holdings