Mortgage Loan Officer

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

📋 Description

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

• Meet with potential clients referred by real estate professionals, developers, attorneys, and both internal and external referral sources.

• Provide explanations of mortgage products and suggest options tailored to client needs.

• Assist customers throughout the mortgage application process.

• Clarify required information and details regarding the loan process.

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

• Manage customer expectations related to processing times and closing dates.

• Generate referrals for mortgage opportunities and additional company products.

• Collaborate with sales management to devise plans for meeting sales goals.

• Input information into the mortgage loan system and keep accurate pipeline records.

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

• Submit applications and required 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 to processing, clear conditions, finalize commitments, and prepare for closing.

• Regularly coordinate with customers, underwriters, processors, real estate agents, closing agents, and others involved in the process.

• Attend closing meetings as required.

• Participate in ongoing education opportunities, seminars, homebuyer events, trade shows, broker meetings, and financing workshops.

• Enhance knowledge of mortgage products, policies, procedures, laws, and regulations.

• Recommend modifications to products, programs, and pricing structures.

• Assist in ensuring successful audits and examinations by TD Bank.

• Address complex mortgage requirements.

⛳️ Requirements

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

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

• Demonstrated sales proficiency.

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

• Strong sales and negotiation capabilities.

• Ability to organize personal activities to meet sales objectives.

• Excellent time management abilities.

• Outstanding verbal and written communication skills.

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

• Must meet eligibility criteria for employment with a covered financial institution under Regulation Z.

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

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

• 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, and continuously operate standard office equipment.

• Ability to sit for extended periods and engage in occasional physical activities as needed.

🏝️ Benefits

• Variable compensation/incentive awards, which may include eligibility for cash and/or equity incentive awards.

• Health and wellness benefits.

• Savings and retirement programs.

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

• Banking benefits and discounts.

• Opportunities for career development.

• Recognition and rewards for achievements.

• Regular discussions regarding career development and performance.

• Access to an online learning platform.

• Mentoring programs available.

• Comprehensive training and onboarding sessions.

• Support for accommodations for applicants with disabilities.