Mortgage Loan Officer

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

📋 Description

• Originate and sell residential mortgage loans to meet sales targets.

• Meet with prospective clients referred by realtors, developers, attorneys, and both internal and external referral sources.

• Clarify mortgage products and suggest options tailored to the needs of prospects.

• Assist customers throughout the mortgage application process.

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

• Manage customer expectations regarding processing timelines and closing dates.

• Generate referrals for mortgage sales opportunities as well as other company offerings.

• Collaborate with sales management to develop strategies for achieving sales goals.

• Input information into mortgage loan systems and compile supporting documentation.

• Forward applications and required information to the underwriting department.

• Underwrite loans within the authority limits using point-of-sale underwriting systems.

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

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

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

• Attend closings as necessary.

• Maintain up-to-date knowledge of industry practices, products, mortgage laws, and regulations through ongoing training and education.

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

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

• Contribute to successful TD Bank audits and examinations.

• Address complex mortgage requirements.

⛳️ Requirements

• Bachelor’s degree or equivalent work experience in addition to the experience listed below.

• Minimum of 2 years of experience in mortgage origination.

• Demonstrated sales proficiency.

• Developing understanding of the mortgage industry, products, lending practices, and regulatory standards.

• Exceptional sales and negotiation skills.

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

• Strong time management capabilities.

• Excellent verbal and written communication skills.

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

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

• Must be eligible for registration as a registered mortgage loan originator with the NMLS under the SAFE Act.

• Successful completion of a criminal background check and credit report check.

• Required disclosures/certifications regarding administrative, civil, and/or criminal findings by government agencies/authorities.

• Occasional travel within the country may be necessary.

• Capability to perform sedentary work, manage multiple tasks, operate standard office equipment, concentrate for extended periods, comprehend instructions, and perform basic arithmetic consistently.

• Ability to occasionally lift or carry items weighing under 25 lbs.

🏝️ Benefits

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

• Comprehensive health and wellness benefits.

• Savings and retirement plans.

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

• Banking benefits and discounts.

• Opportunities for career development.

• Recognition and rewards programs.

• Regular discussions regarding career development and performance.

• Access to an online learning platform.

• Mentorship programs.

• Training and onboarding sessions.

• Commitment to equal opportunity employment.