Mortgage Loan Originator (External) - uncapped commission structure
Abound Credit Union, Louisville, KY, United States
Overview
Mortgage Loan Originator (External) - uncapped commission structure. As an External Mortgage Loan Originator at Abound Credit Union, you will grow the credit union’s real estate lending presence in and around the communities we serve. This role focuses on maximizing mortgage applications and production from sources such as branch partners, financial planners, realtors, and builders. You will gather information from referral sources to improve the credit union’s real estate products and processes and actively promote all Credit Union products and services to members. What You’ll Do
Performance - Constantly work toward exceeding established monthly individual and departmental goals for loan applications and funded loans. Effectively convert mortgage leads to full applications. Availability/Service - Maintain accessibility to borrowers and referral sources during and after normal business hours to ensure continuous communication and an exceptional borrowing experience. Communication - Develop relationships with real estate agents and referral sources in all communities served to drive real estate loan business to the credit union. Coordinate with branch teams and real estate loan originators throughout the loan process. Organization – Manage pipeline to prioritize constant communication with members. Ensure regular follow-up with all leads and referrals and thoroughly document all member communication and actions taken. Outreach - Represent the Credit Union at real estate events and other gatherings to develop partnerships and referral sources. Provide expertise and educational opportunities for community partners through presentations on real estate lending services or related topics. Advise - Provide guidance on mortgage products and opportunities. Offer product expertise and support to branch team partners as needed. Reporting - Accurately report call activities, leads, and applications using internal systems. Maintain contacts, appointments, and activities on a shared electronic calendar. Culture – Contribute to a team-focused environment that emphasizes integrity, urgency, high performance, and service to members. What We Need
Applicants must complete and pass the eligibility requirements for registration under the SAFE Act, including Federal Registration under NMLS. This includes providing identification for background checks and authorizing information sharing related to any findings. Failure to pass background screening could result in loss of position. Bachelor’s Degree in Business or related field, or equivalent work experience. Extensive knowledge of real estate mortgage lending laws, regulations, and procedures applicable to primary and secondary markets. Ability to analyze credit risk (the 4 Cs) and perform income analysis for self-employed borrowers. Strong working knowledge of loan origination and maintenance software and ability to use secondary market underwriting systems with credit union software. Friendly, outgoing demeanor with professional conduct in all situations. Self-motivation, enthusiasm, and initiative with a willingness to support others within the Credit Union. Our Benefits
Great Salary Pension Health, Dental, Vision and Other Insurance Coverage Paid Personal Time Off Paid Holidays Life Insurance Short and Long-Term Disability 401(k) with matching funds Tuition Reimbursement HSA, FSA, and Dependent Care Spending Accounts Salary Info
$22.26 - $27.82 / hour, plus incentives
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Mortgage Loan Originator (External) - uncapped commission structure. As an External Mortgage Loan Originator at Abound Credit Union, you will grow the credit union’s real estate lending presence in and around the communities we serve. This role focuses on maximizing mortgage applications and production from sources such as branch partners, financial planners, realtors, and builders. You will gather information from referral sources to improve the credit union’s real estate products and processes and actively promote all Credit Union products and services to members. What You’ll Do
Performance - Constantly work toward exceeding established monthly individual and departmental goals for loan applications and funded loans. Effectively convert mortgage leads to full applications. Availability/Service - Maintain accessibility to borrowers and referral sources during and after normal business hours to ensure continuous communication and an exceptional borrowing experience. Communication - Develop relationships with real estate agents and referral sources in all communities served to drive real estate loan business to the credit union. Coordinate with branch teams and real estate loan originators throughout the loan process. Organization – Manage pipeline to prioritize constant communication with members. Ensure regular follow-up with all leads and referrals and thoroughly document all member communication and actions taken. Outreach - Represent the Credit Union at real estate events and other gatherings to develop partnerships and referral sources. Provide expertise and educational opportunities for community partners through presentations on real estate lending services or related topics. Advise - Provide guidance on mortgage products and opportunities. Offer product expertise and support to branch team partners as needed. Reporting - Accurately report call activities, leads, and applications using internal systems. Maintain contacts, appointments, and activities on a shared electronic calendar. Culture – Contribute to a team-focused environment that emphasizes integrity, urgency, high performance, and service to members. What We Need
Applicants must complete and pass the eligibility requirements for registration under the SAFE Act, including Federal Registration under NMLS. This includes providing identification for background checks and authorizing information sharing related to any findings. Failure to pass background screening could result in loss of position. Bachelor’s Degree in Business or related field, or equivalent work experience. Extensive knowledge of real estate mortgage lending laws, regulations, and procedures applicable to primary and secondary markets. Ability to analyze credit risk (the 4 Cs) and perform income analysis for self-employed borrowers. Strong working knowledge of loan origination and maintenance software and ability to use secondary market underwriting systems with credit union software. Friendly, outgoing demeanor with professional conduct in all situations. Self-motivation, enthusiasm, and initiative with a willingness to support others within the Credit Union. Our Benefits
Great Salary Pension Health, Dental, Vision and Other Insurance Coverage Paid Personal Time Off Paid Holidays Life Insurance Short and Long-Term Disability 401(k) with matching funds Tuition Reimbursement HSA, FSA, and Dependent Care Spending Accounts Salary Info
$22.26 - $27.82 / hour, plus incentives
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