What are the responsibilities and job description for the Mortgage Loan Originator -- Builder Account position at First Continental Mortgage, Ltd?
For over 30 years, First Continental Mortgage (FCM) and affiliates have shared a common purpose to help families realize the American dream of owning a home! FCM is a full-service, FNMA, HUD and VA approved national mortgage lending firm headquartered in Houston, Texas.
We specialize in partnering with Home Builders as well as retail production. FCM funded $2.1 Billion in 2023 through affiliated business arrangements with 13 different home builders, 5 of which rank in the Top 35 Home Builders in the country.
FCM is seeking a highly motivated Mortgage Loan Originator to assist home buyers in financing their new home as a preferred lender through our home builder partner in Dallas, Texas.
Key Responsibilities
- Generate new mortgage loan applications and retain existing business by developing relationships within builder communities.
- Conduct weekly sales calls to develop new business and retain existing business.
- Maintain required monthly production volume as communicated by management.
- Advise borrowers on loan products by examining application and supporting documentation, and pre-qualifying for creditworthiness.
- Provide guidance and information relevant to the risks and benefits of each program the borrower is qualified for, and effectively communicate the terms of each product.
- Advise borrowers on available lock options and locks loans promptly.
- Keep abreast of and comply with all federal, state, and local laws and regulations, investor and governmental agency requirements and guidelines, as well as all company policies and procedures.
- Serve as the primary contact with all parties throughout the loan process.
- Attend builder sales meetings and provide education on various loan products to increase sales.
- Perform other duties as assigned by management.
Requirements
- Current NMLS license.
- 5 years' experience as an originator. Direct experience working with builders is a plus.
- Excellent verbal/written communication skills.
- Understanding of mortgage products and the ability to comprehend and implement complex financial concepts related to residential mortgage lending.
- An advanced understanding of sales and marketing of mortgage loans and the ability to present, sell, and deliver such products to diverse individuals and groups in a professional, ethical, and effective manner.
- Ability to learn and adapt to market changes quickly.
- Build strong relationships with production, underwriting, closing and other internal and external partners.
We Provide
Marketing Department Support | Direct to FM/GM Lender | Mobile App / Electronic Communication with Borrower | Encompass LOS | Optimal Blue Rate Lock | Disclosure Desk | Scenarios Desk | In House Credit Solutions | Down Payment Assistance for Buyers
What FCM Offers
We offer a truly competitive compensation package where you'll be rewarded for your performance. Our benefits include:
Medical, Dental & Vision | FSA, Life, Supplemental Life, Long Term Disability and Supplemental Insurance | Vacation & Sick Time | 401k
FCM and its Affiliates are Equal Opportunity Employers.
To learn more about FCM and our growing team, please visit our website at www.firstcontinentalmtg.com.
