CRA MLO
Core
Originates Community Reinvestment Act (CRA) loans and residential mortgages in an assigned metropolitan territory by developing referral relationships with realtors, builders, and bankers.
Role type
Mortgage loan originator (CRA specialist)
Builds
Residential loan products for individual customers and businesses
Domain
Banking / Mortgage lending
Required skills
Loan origination, sales, mortgage underwriting basics, regulatory compliance (NMLS, SAFE Act, Reg Z), customer relationship management, financial analysis
Preferred skills
Pricing and underwriting knowledge for various mortgage insurers, familiarity with FNMA/FHLMC/FHA/VA requirements, local/state/national law knowledge (zoning, Truth-in-Lending, RESPA), established referral network
Technologies
NMLS, E-Verify
Responsibilities
Develop referral relationships with realtors, builders, and bankers; take mortgage applications and conduct preliminary underwriting reviews; submit loan applications to processing; serve as front-line contact for follow-up documentation; sell additional bank products; conduct sales activities away from the office (minimum 50% of time)
Seniority
Mid-level, individual contributor