CRA Mortgage Originator
M&T BankSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, MortgageIndustries
Requirements
- High school diploma or equivalent (mandatory)
- Four-year college degree (preferred)
- Knowledge of conventional and/or government lending guidelines
- Knowledge of residential mortgage processing, underwriting, and closing procedures
- Knowledge of federal lending regulations governing real estate lending
- SAFE Act Registration required at the time of employment through the Nationwide Mortgage Licensing System (NMLS)
Responsibilities
- Develop CRA prospects & referral contacts (realtors, builders, professional and personal contacts)
- Maintain knowledge of Fifth Third Mortgage Company’s policies and procedures
- Maintain knowledge of available loan products, processing procedures, and underwriting guidelines
- Conduct and coordinate homebuyer-training seminars for CRA potential applicants
- Handle employee loans and participate in appropriate Fifth Third-coordinated functions
- Follow defined protocol for escalation of exceptions
- Complete Fannie Mae form 1003 on the laptop
- Utilize the laptop for communication, accessing rates, credit reports, Loan Prospector responses, and transmitting loans to LOMAS
- Collect appropriate documentation from applicants and deliver loan packages within established timeframes
- Manage loan pipeline through closing and complete required management reports
- Communicate with applicants and referral sources, providing timely updates and progress reports
- Maintain high levels of customer service
- Attend and participate in Consumer Lending meetings as required
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the CRA Mortgage Loan Originator position?
This information is not specified in the job description.
Is this a remote position or is there a required location?
This information is not specified in the job description.
What skills and knowledge are required for this role?
Required knowledge includes conventional and/or government lending guidelines, residential mortgage processing, underwriting, and closing procedures, and federal lending regulations governing real estate lending. SAFE Act Registration through the Nationwide Mortgage Licensing System (NMLS) is required at the time of employment.
What is the company culture like at Fifth Third Bank?
The company's mission is to connect great people to great opportunities.
What makes a strong candidate for this Mortgage Loan Originator role?
A strong candidate will have a high school diploma or equivalent (four-year college degree preferred), SAFE Act Registration, and knowledge of lending guidelines, mortgage processes, and federal regulations.
Fifth Third Bank
Provides banking, loans, and wealth management services
About Fifth Third Bank
Fifth Third Bank offers a variety of financial services, including personal and business banking, loans, mortgages, credit lines, and insurance products. Their services cater to individual consumers, small businesses, and commercial clients, providing comprehensive solutions for managing finances. The bank generates revenue through interest on loans, service fees, and commissions from insurance and investment products. Unlike many competitors, Fifth Third Bank emphasizes community engagement and financial education, providing resources to help clients improve their financial literacy. The goal of Fifth Third Bank is to support clients in achieving their financial objectives while fostering a strong connection with the communities they serve.
Cincinnati, OhioHeadquarters
1858Year Founded
IPOCompany Stage
Social Impact, Financial ServicesIndustries
10,001+Employees