Mortgage Loan Officer

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

📋 Description

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

• Conduct meetings with prospects referred by realtors, developers, lawyers, and other referral partners.

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

• Assist customers throughout the mortgage application journey.

• Provide explanations of necessary information and the steps involved in the loan process.

• Ensure that applications are completed accurately and are accompanied by the required documentation.

• Manage customer expectations concerning processing times and closing timelines.

• Generate referrals for mortgage opportunities and additional company offerings.

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

• Input loan data into the mortgage loan system and keep precise pipeline records.

• Create supporting documentation for underwriting, regulatory, and other necessary purposes.

• Submit applications and requisite information to underwriting and processing teams.

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

• Communicate loan decisions and any additional requirements to clients.

• Address conditions, finalize loan commitments, and prepare loans for closing.

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

• Attend closing meetings as required.

• Keep abreast of industry practices, products, mortgage laws, and regulations through ongoing training and seminars.

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

• Propose adjustments to products, programs, and pricing structures.

• Assist in successful TD Bank audits and examinations.

• Address complex mortgage requirements.

⛳️ Requirements

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

• Minimum of 2 years in mortgage origination.

• Demonstrated sales proficiency.

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

• Strong sales and negotiation abilities.

• Self-motivated with the capability to plan activities aimed at achieving sales goals.

• Excellent time management skills.

• Superior verbal and written communication abilities.

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

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

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

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

• Required applicant disclosures/certifications concerning administrative, civil, and/or criminal findings.

• Occasional domestic travel may be necessary.

• Ability to perform sedentary work, multitask, operate standard office equipment, maintain focus for extended periods, comprehend instructions, and perform basic arithmetic operations.

• Must comply with all applicable federal, state, and local employment standards.

🏝️ Benefits

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

• Health and wellness benefits.

• Savings and retirement plans.

• Paid time off, which includes Vacation PTO, Flex PTO, and Holiday PTO.

• Banking perks and discounts.

• Opportunities for career advancement.

• Recognition and rewards programs.

• Regular discussions about career development and performance.

• Access to an online learning platform.

• Mentoring initiatives.

• Training and onboarding sessions.

• Competitive benefits package.