CRA Mortgage Originator
M&T BankSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Mortgage, Financial ServicesIndustries
Requirements
- Strong knowledge of mortgage lending practices
- Ability to sell CRA products and services effectively
- Familiarity with Fannie Mae form 1003
- Proficiency in using loan origination systems (LOMAS)
- Excellent communication and interpersonal skills
- Ability to manage pipelines and meet deadlines
- Understanding of Fifth Third Mortgage Company policies and procedures
- Knowledge of real estate trade associations and nonprofit partners
Responsibilities
- Leading internal and external sales and partnership meetings
- Assisting CRA MLO colleagues with general loan support and business development
- Membership in real estate trade association and/or nonprofit partners board or committee involvement
- Maintaining and growing internal relationships with Membership Advantage, Community Economic Development team, Business Resource Groups and Financial Center One Bank Teams
- Developing and maintaining CRA prospects & referral contacts (realtors, builders, professional and personal contacts)
- Acting as a peer mentor for newly hired CRA MLOs
- Maintaining knowledge of available loan products, processing procedures, and underwriting guidelines
- Conducting and coordinating homebuyer-training seminars
- Handling employee loans and participating in Fifth Third-coordinated functions to promote employee loans
- Following defined protocol for escalation of exceptions
- Collecting appropriate documentation from applicants and delivering loan packages within established timeframes
- Managing loan pipelines through closing and completing required management reports
- Communicating with applicants and referral sources, providing timely updates and progress reports
- Maintaining high levels of customer service
- Attending and participating in Consumer Lending meetings as required
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What salary can I expect for the Sr CRA Loan Specialist role?
This information is not specified in the job description.
Is this position remote or does it require office work?
This information is not specified in the job description.
What key skills are required for this Sr CRA Loan Specialist position?
Required skills include strong knowledge of mortgage lending practices, ability to sell CRA products and services effectively, familiarity with Fannie Mae form 1003, proficiency in loan origination systems (LOMAS), and excellent communication and interpersonal skills.
What is the company culture like at Fifth Third Bank?
The company values open exchange of ideas, elevating concerns, and doing the right thing for customers and colleagues, with a mission to connect great people to great opportunities and a focus on improving banking through customer experience and risk management.
What makes a strong candidate for this Sr CRA Loan Specialist role?
A strong candidate will have strong knowledge of mortgage lending, proven ability to sell CRA products, proficiency with tools like Fannie Mae form 1003 and LOMAS, excellent communication skills, and experience building relationships with real estate trade associations and nonprofit partners.
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