Mortgage Loan Officer

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

📋 Description

• Originate and sell residential mortgage loans in alignment with sales targets.

• Meet with potential clients referred by real estate agents, developers, attorneys, and other sources.

• Discuss mortgage products and services, offering recommendations tailored to the needs of prospects.

• Assist customers throughout the mortgage application journey.

• Ensure that applications are complete and contain the necessary information and documentation.

• Manage customer expectations concerning processing times and closing schedules.

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

• Collaborate with sales management to create strategies for achieving sales targets.

• Input data into the mortgage loan system and prepare supporting underwriting and regulatory documentation.

• Forward applications and required information to the underwriting and processing teams.

• Underwrite loans utilizing point-of-sale underwriting systems within established authority.

• Communicate loan decisions and any additional required information to clients.

• Conclude loan commitments and prepare loans for the closing process.

• Maintain communication with customers, underwriters, processors, real estate agents, closing agents, and others throughout the application process.

• Attend closings as necessary.

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

• Suggest modifications to products, programs, and pricing strategies.

• Ensure that TD Bank adheres to successful audit and examination standards.

• Address complex mortgage requirements.

⛳️ Requirements

• A Bachelor's degree or equivalent progressive work experience in addition to the experience outlined below.

• A minimum of 2 years of mortgage origination experience.

• Demonstrated sales proficiency.

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

• Strong skills in sales and negotiation.

• Capability to independently plan activities to reach sales objectives.

• Excellent time management abilities.

• Outstanding verbal and written communication skills.

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

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

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

• A satisfactory criminal background and credit check are required.

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

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

🏝️ Benefits

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

• Comprehensive health and wellness benefits.

• Savings and retirement programs.

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

• Banking benefits and discounts.

• Opportunities for career development.

• Recognition and rewards programs.

• Regular discussions on career development and performance with management.

• Access to an online learning platform.

• Mentoring initiatives.

• Training and onboarding sessions.

• A competitive benefits package.