What are the responsibilities and job description for the Mortgage Loan Originator - Carbondale IL position at siucu?
Turning Homeownership Dreams into Reality
Are you a detail-oriented professional with a knack for financial counseling? As our Mortgage Loan Originator, you are the primary guide for members navigating the path to a new home or leveraging their home's equity. You'll handle the entire journey-from the first interview and credit counseling to underwriting and the final closing signature. If you enjoy a role that combines technical processing with a high-touch, personal approach to member service, you'll find a perfect fit in our Mortgage Lending team.
About SIU Credit Union We are built on a simple idea: "People Helping People." We're working for you, our members, and our neighbors to keep our community's finances strong. We believe in building a supportive environment where we all work together to help Southern Illinois grow.
Position Purpose
The Mortgage Loan Originator manages the full lifecycle of real estate and home equity loans, providing expert borrower consultation and credit counseling while ensuring technical accuracy in underwriting, regulatory compliance (HMDA/RESPA), and secondary market delivery.
What You'll Do
- Expert Consultation: Conduct interviews to qualify borrowers, quote rates, and provide credit counseling to help members improve their future loan eligibility.
- Full-Cycle Processing: Manage applications from start to finish-verifying income, ordering appraisals and title commitments, and preparing final loan documents.
- Lending Authority: Approve or deny first mortgages and home equity loans within Board-designated limits, ensuring every decision is sound and well-documented.
- Closing & Disbursal: Facilitate professional loan closings and manage the disbursal of funds for both in-house and secondary market loans.
- Compliance Stewardship: Ensure 100% adherence to RESPA and HMDA requirements, including timely disclosures and mandatory legal mailings.
- Secondary Market Coordination: Package final loan files for secondary market partners and coordinate with external lenders to support institutional growth.
What You Bring
- The Heart: A dedication to providing high-level customer service and helping members navigate complex financial transitions with ease.
- The Experience: Experience with loan documents and familiarity with general ledgers is preferred.
- The Education: High school diploma or equivalent.
- The Credentials: Must maintain an active NMLS registration.
- The Skills: Strong decision-making abilities, excellent written/verbal communication, and the judgment to recommend policy improvements based on industry trends.
- The Technical Edge: Proficiency in PC software and a deep understanding of modern mortgage products and industry standards.
- The Essentials: Must be bondable and detail oriented.
Why You'll Love It Here
- Community Impact: Help members achieve the milestone of homeownership.
- Collaboration: A culture that ditches "us vs. them" for a supportive team environment.
- Benefits: Paid time off, paid holidays, 401(k) profit share options.
Schedule & Location
- Status: Full-Time, Non-Exempt
- Location: On-site – Mortgage Lending Department
- Hours: Monday - Friday
Ready to Join Us? If you're ready to start a career where people come first, click Apply to start the conversation!
EEO