Mortgage Loan Officer

This is a fully remote position, open to applicants in Florida.

📋 Description

• Engage with prospects referred by realtors, developers, attorneys, and both internal and external referral sources.

• Provide detailed explanations of mortgage products and recommend options tailored to the needs of prospects.

• Assist customers throughout the mortgage application process.

• Clarify the necessary information and steps involved in the loan process.

• Ensure that applications are complete and contain all required documentation.

• Manage customer expectations regarding processing timelines and closing dates.

• Originate and sell residential mortgage loans in compliance with policies, legal standards, and regulatory guidelines.

• Generate referrals for mortgage services and other products offered by the company.

• Formulate strategies to meet sales targets.

• Input loan information into the mortgage loan system while maintaining accurate pipelines.

• Prepare supporting underwriting and regulatory documentation.

• Forward applications and necessary information to the underwriting department.

• Underwrite loans utilizing point-of-sale underwriting systems within authorized limits.

• Communicate loan decisions and any additional information requirements to customers.

• Submit materials for processing, resolve outstanding conditions, finalize commitments, and prepare for closing.

• Coordinate with customers, underwriters, processors, realtors, and closing agents.

• Attend closings as necessary.

• Stay updated on industry practices, products, mortgage laws, and regulations through ongoing training and seminars.

• Participate in homebuyer seminars, trade shows, broker meetings, and financing workshops.

• Suggest improvements to products, programs, or pricing structures.

• Support successful audits and examinations conducted by TD Bank.

• Address complex mortgage requirements.

⛳️ Requirements

• A Bachelor’s degree or relevant progressive work experience in addition to the required experience.

• A minimum of 2 years of experience in mortgage origination.

• Demonstrated sales proficiency.

• Developing expertise in the mortgage industry, including products, lending practices, and regulatory guidelines.

• Exceptional sales and negotiation capabilities.

• Self-motivated, with the ability to organize activities to meet sales objectives.

• Strong time management abilities.

• Excellent verbal and written communication skills.

• Proficiency in PC skills, including the capacity to learn mortgage origination and automated underwriting systems.

• Must qualify for employment with a covered financial institution as per Regulation Z.

• Must meet the eligibility criteria for registration as a registered mortgage loan originator with NMLS under the SAFE Act.

• A satisfactory criminal background and credit report check are required.

• Necessary statements/certification concerning administrative, civil, and/or criminal findings by government agencies/authorities.

• Occasional domestic travel may be required; no international travel is anticipated.

🏝️ Benefits

• Variable compensation and incentive awards, including eligibility for cash and/or equity incentive opportunities.

• Health and wellness benefits.

• Savings and retirement plans.

• Paid time off, including Vacation PTO, Flex PTO, and Holiday PTO.

• Banking benefits and discounts.

• Career development opportunities.

• Recognition and rewards programs.

• Regular discussions on career development and performance.

• Access to an online learning platform.

• Mentorship programs.

• Training and onboarding sessions.

• A competitive benefits package.