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Mortgage Loan Originator (CorTrust Bank)
Ref No.: 16-08276
Location: Minneapolis, Minnesota
Come Grow with Us!!
CorTrust Mortgage has an excellent opportunity for a Mortgage Loan Originator. We are looking for people who are challenged by a fast-paced environment and who enjoy helping people achieve the dream of home ownership. CorTrust Mortgage Inc. is a wholly-owned subsidiary of CorTrust Bank N.A., a Community Bank with 25 locations in South Dakota and Minnesota. Our Minnesota locations include Woodbury, Blaine, and Brooklyn Park. We are a privately held community bank that has been in business over 85 years. We lend in all 50 states and are an equal opportunity employer.
CorTrust mortgage has a direct relationship with Client and Freddie Mac. We service the vast majority of all conventional loans we originate. We also have access to a wide variety of mortgage products including but not limited to: FHA, VA, Conventional and RD. We also offer Minnesota and South Dakota Housing Finance Authority products.
SUMMARY: Solicits and pre-qualifies loan applications according to approved policies, prepares credit application packages, and presents requests to underwriting for approval. Reviews loan documents in preparation for closing. Develops relationships throughout the community; solidifies the Bank and Mortgage Company as industry leaders.
  • Represents the institution to the public, markets the institution's loan products.
  • Screens requests from potential applicants and explains lending parameters.
  • Reviews loan applications from prospective borrowers based upon approved underwriting policies.
  • Follows-up with applicants and secures the necessary information to underwrite the loan, conduct site visits if needed. Provide assistance to help potential borrowers successfully qualify for financing.
  • Identifies loan program and terms to best fit each customer and situation.
  • Prepares loan application package with financial analysis and presents to underwriting.
  • Reviews loan requests for prequalification and prepares prequalification letters for customers.
  • Works with borrowers and title company to confirm that conditions of funding are met to close the loan.
  • Reviews loan documents, title, appraisal and survey prior to closing.
  • Coordinates timing of loan funding with borrower, the realtor and the title company.
  • Works with borrower to identify unfilled banking or insurance needs.
  • Works cooperatively and constructively with a wide variety of people, cross-functional teams, community- based organizations, title companies and referral partners.
  • Other duties, responsibilities and activities may change or be assigned at any time with or without notice.
  • Bachelor's degree in business, finance, real estate, or related field.
  • 2+ years' experience in mortgage lending and/or a financial services environment.
  • Mortgage banking background preferred with a proven track record of success.
  • Ability to generate annual production of $10 to $12+ million.
  • Strong analytic, time management and organizational skills with a high level of attention to detail.
  • Effective written and verbal communication skills, with the ability to make presentations.
  • Ability to educate borrowers on loan products and processes.
  • Knowledge of federal and state laws pertaining to the mortgage-banking industry.
Qualified candidates, please contact:
Todd Hopkins-President
CorTrust Mortgage
2101 S. Minnesota Ave
Sioux Falls, SD 57105
Job Type: Full-time
Required education:
  • Bachelor's
Required experience:
  • mortgage lending: 2 years
ControlID: 14.234.89 SHR