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TD · 1 day ago

Mortgage Loan Officer- East Coast US

Mount Laurel, NJ

Full-time

Onsite

Entry, Mid Level

$11.54/hr - $15.50/hr

2+ years exp

TD is one of the world's leading global financial institutions, and they are seeking a Mortgage Loan Officer to sell and originate residential mortgage loans. The role involves meeting with prospects, guiding customers through the mortgage application process, and ensuring applications are completed accurately.

BankingFinanceFinancial ServicesWealth Management

Responsibilities

Meets with Prospects identified directly as well as referred by realtors, developers, attorneys and other external and internal referral sources

Explains variety of mortgage products and services available and offers recommendations based on evaluation of individual prospect needs

Guides Customers through the mortgage application process

Explains information required and other aspects of the loan process to Customers

Ensures applications are completed accurately and contain required information and supporting documentation

Manages Customers expectations regarding processing times and closing dates

Sells and originates residential mortgage loans according to established policies and procedures and applicable legal and regulatory guidelines

Generates referrals for mortgage sales opportunities and sales of other Company business line products

Develops plan to achieve sales goals with assistance from sales management

Enters information into mortgage loan system so that loans will appear accurately in the pipeline

Creates supporting files with backup and explanatory documentation and information for underwriting, regulatory and other purposes

Sends application and other required information to underwriting area

Underwrites loans using point-of-sale underwriting systems within scope of authority

Communicates loan decisions directly to Customers and explains any additional information needed

Submits application materials and other required information to processing area to clear any conditions, finalizes the loan commitment, and prepares for closing

Communicates regularly with Customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as planned

Attends closings as needed

Develops knowledge of current industry practices and trends by learning from more experienced sales personnel and by attending continuing education training and seminars, including but not limited to the full array of Company products and services as well as mortgage laws and regulations

Develops knowledge of policies, procedures, rules and regulations related to retail mortgage products

Participates in homebuyers' seminars, home shows, brokers' meetings and other home financing workshops

Recommends changes to products, programs and/or pricing

Ensures TD Bank maintains successful audits and exams within all areas

Deals with complex mortgage needs

Qualification

Mortgage origination experienceSales abilityMortgage productsNegotiation skillsTime management skillsCommunication skillsPC skillsSelf-directed

Required

Bachelors degree or progressive work experience in addition to experience below

2+ Years of mortgage origination experience

Proven Sales ability

Developing knowledge of mortgage industry, products, lending practices and regulatory guidelines

Maintains the highest level of sales ability and negotiation skills

Self-directed, ability to plan own activities to achieve sales goals

Strong time management skills

Excellent communication skills, both verbal and written

PC skills, including ability to learn mortgage origination and automated underwriting systems

Must be eligible for employment with a covered financial institution under the standards established by Regulation Z of the Truth in Lending Act, 12 CFR Part 1026.36

Must be eligible for registration as a registered mortgage loan originator with the NMLS (Nationwide Mortgage Licensing System and Registry) in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act, 12 U.S.C. 5102 et seq., and its implementing regulations, 12 CFR Part 1007)

Satisfactory results on a criminal background check and a credit report check, and statements/certification from job applicant regarding administrative, civil, and/or criminal findings by any government agency/authority, are required by federal law for this position