Mortgage Loan Originator-Temporary
Northrop Grumman Federal Credit Union · Gardena, CA
- On site
- Full-time
- $75,000 / year
- Gardena, CA
Job highlights
- Originate residential mortgage loans for members.
- Guide members through mortgage application process.
- Evaluate borrower qualifications and financial needs.
- Manage loan pipeline from application to closing.
- Ensure compliance with lending regulations.
About the role
Mortgage Loan Originator
Join Northrop Grumman Federal Credit Union's mortgage lending team as a motivated, service-driven Mortgage Loan Originator. This role focuses on originating residential mortgage loans, managing member inquiries, and guiding applicants through the entire mortgage process from application to closing. If you have a strong background in mortgage lending, a solid understanding of mortgage guidelines, and a passion for exceptional member service, we encourage you to apply.
What You'll Do
- Manage and respond to daily inbound mortgage leads and member inquiries.
- Conduct outbound calling campaigns to generate new mortgage loan opportunities.
- Interview members and accurately complete mortgage loan applications.
- Evaluate borrower qualifications by reviewing credit reports, income documentation, assets, and other required financial information.
- Match members with the most appropriate mortgage products based on their financial needs and goals.
- Run credit checks and Desktop Underwriter (DU) findings to determine loan eligibility.
- Collect, review, and organize required documentation, including tax returns, W-2s, pay stubs, mortgage statements, purchase contracts, and asset documentation.
- Prepare complete loan packages for submission to underwriting and processing.
- Deliver loan disclosures, loan estimates, and other required compliance documentation.
- Maintain compliance with all mortgage lending regulations and credit union policies.
- Manage an active pipeline to ensure loans progress efficiently toward closing.
- Serve as the primary point of contact for members throughout the mortgage process.
- Communicate effectively with real estate agents, escrow officers, title companies, underwriters, processors, and internal departments.
- Provide regular status updates and exceptional service throughout the loan process.
Qualifications
- Minimum of 2 years of mortgage loan origination experience.
- Bachelor's Degree preferred; equivalent experience may be considered.
- Active Nationwide Mortgage Licensing System (NMLS) registration required.
- Experience with Encompass Loan Origination System (LOS) preferred.
- Strong understanding of mortgage lending guidelines, compliance requirements, and secondary market standards.
- Experience running Desktop Underwriter (DU) and analyzing borrower credit profiles.
- Proven ability to meet or exceed loan production goals.
- Proficiency in Microsoft Outlook, Word, and Excel.
- Excellent communication, relationship-building, and customer service skills.
- Strong organizational and time-management abilities.
- Ability to work independently while collaborating effectively within a team environment.
- Detail-oriented with the ability to manage multiple priorities in a fast-paced setting.
What We're Looking For
The ideal candidate is self-motivated, sales-oriented, and committed to delivering an exceptional member experience. You thrive in a performance-driven environment, enjoy helping members achieve homeownership goals, and can effectively manage a loan pipeline from application through closing.
Why Join Us?
- Competitive compensation package
- Opportunity to grow within a respected financial institution
- Supportive team environment
- Meaningful work helping members achieve their homeownership goals
- Professional development and career advancement opportunities
Apply Today
If you're an experienced Mortgage Loan Originator who is passionate about helping members secure the right mortgage solution while delivering outstanding service, we'd love to hear from you. Compensation and Job Title is commensurate with experience and may fall under the following pay ranges: Mortgage Loan Originator- $30.22/hr to $36.00/hr. Please note that the salary information is a general guideline only. Northrop Grumman Federal Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We perform thorough background checks including verification of previous employment, education, credit checks and pre-employment drug screening. Any discrepancies in reported dates, titles, or degree information may result in an employment offer to be withdrawn. NGFCU is an Equal Opportunity Employer. Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment-qualified applicants with arrest and conviction records.
Key skills/competency
- Mortgage Loan Originator
- Residential Mortgage Lending
- Mortgage Guidelines
- Member Service
- Loan Applications
- Credit Analysis
- Desktop Underwriter (DU)
- Loan Packages
- Mortgage Regulations
- Pipeline Management
Skills & topics
- Mortgage Loan Originator
- Mortgage Lending
- Loan Origination
- Residential Mortgages
- NMLS
- DU
- Encompass LOS
- Member Service
- Sales
- Financial Services
How to get hired
- Customize your resume: Highlight your 2+ years of mortgage origination experience, NMLS registration, and familiarity with DU/Encompass.
- Tailor your application: Emphasize your sales-oriented approach, member service skills, and proven ability to meet production goals.
- Prepare for interviews: Be ready to discuss your experience managing a loan pipeline and your understanding of mortgage guidelines.
- Showcase your skills: Demonstrate strong communication, organizational, and problem-solving abilities relevant to mortgage lending.
- Research Northrop Grumman FCU: Understand their mission and values to align your application and interview responses.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the minimum qualifications for a Mortgage Loan Originator at Northrop Grumman Federal Credit Union?
- To be considered for the Mortgage Loan Originator position at Northrop Grumman Federal Credit Union, you need a minimum of 2 years of mortgage loan origination experience and an active Nationwide Mortgage Licensing System (NMLS) registration. A Bachelor's Degree is preferred but equivalent experience will be considered. Familiarity with Encompass Loan Origination System (LOS) and experience with Desktop Underwriter (DU) are also highly valued.
- What is the compensation for a Mortgage Loan Originator at Northrop Grumman Federal Credit Union?
- The compensation for a Mortgage Loan Originator is hourly, ranging from $30.22 to $36.00 per hour. Northrop Grumman Federal Credit Union considers various factors, including experience, responsibilities, education, skills, and market conditions, when determining the final offer.
- Is the Mortgage Loan Originator position at Northrop Grumman Federal Credit Union a permanent or temporary role?
- The job title includes '-Temporary,' suggesting this specific opening may be for a temporary period. However, Northrop Grumman Federal Credit Union also offers opportunities for growth and career advancement within the institution.
- What kind of work environment can I expect as a Mortgage Loan Originator at Northrop Grumman Federal Credit Union?
- You can expect a supportive team environment at Northrop Grumman Federal Credit Union. The role is described as meaningful work, helping members achieve homeownership goals, within a respected financial institution that offers professional development and career advancement opportunities.
- What specific software or systems are important for a Mortgage Loan Originator candidate to know at Northrop Grumman Federal Credit Union?
- Experience with the Encompass Loan Origination System (LOS) is preferred for the Mortgage Loan Originator role at Northrop Grumman Federal Credit Union. Additionally, proficiency in running Desktop Underwriter (DU) and analyzing borrower credit profiles is essential for determining loan eligibility.
- Does Northrop Grumman Federal Credit Union consider candidates with equivalent experience if they don't have a Bachelor's Degree for the Mortgage Loan Originator role?
- Yes, Northrop Grumman Federal Credit Union states that equivalent experience may be considered in lieu of a Bachelor's Degree for the Mortgage Loan Originator position. The primary requirements are 2 years of experience and an active NMLS registration.
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