Responsible for independently sourcing, originating, and managing residential mortgage and home equity loan applications while ensuring compliance with credit union policies and regulatory requirements. Duties and Responsibilities Independently source and originate residential mortgage and home equity loan applications both inside and outside the credit union. Proactively develop and maintain a strong network of referral partners, provide exceptional member service, and navigate the loan process from application to closing. Collaborate closely with mortgage processing and closing teams to ensure timely and efficient loan processing. Actively prospect and solicit new mortgage business through a self-developed network of referral partners, including realtors, builders, open house events and other industry professionals. Engage with potential borrowers at various locations, including homes, businesses, and credit union branches. Maintain a deep understanding of available mortgage products, industry trends, and compliance requirements. Provide excellent member service by guiding borrowers through the mortgage process and ensuring a smooth application experience. Participate in business development initiatives and networking events to strengthen professional relationships and generate new business. Schedule and conduct mortgage consultations, gather necessary documentation, and ensure loan files are complete and accurate. Maintain clear and consistent communication with borrowers, real estate professionals, and internal stakeholders throughout the loan process. Stay informed on market conditions, daily pricing updates, and evolving lending regulations. Strictly follow the Letter of Understanding for Real Estate Loan Originators to ensure adherence to compensation guidelines and compliance standards. Ensure full compliance with the Loan Originator Compensation Rule under the Truth in Lending Act (TILA) and other relevant regulations. Ensure adherence to all job-related aspects of the credit union’s compliance programs – specifically but not limited to the BSA/OFAC/US Patriot Act/Red Flag/Elder Abuse. Compliance with the Bank Secrecy Act and other compliance programs and their implementing regulations, as they pertain to your position, is a condition of employment. Attendance to the compliance training programs is mandatory. Perform other duties as assigned. |