TD Bank
Community Mortgage Loan Officer- Washington DC
TD Bank, Washington, District of Columbia, us, 20022
Community Mortgage Loan Officer - Washington DC
Community Mortgage Loan Officer - Washington DC Work Location:
Washington, District of Columbia, United States of America
Hours:
40
Line of Business:
Personal & Commercial Banking
Pay Detail:
$33.70 - $33.70 USD
Job Description:
The Community Mortgage Loan Officer identifies, develops and maintains a quality network of community-based organizations, Realtors, and local state/government agencies that serves as a recurring source of referrals of new mortgage lending opportunities with an emphasis on the Community Reinvestment Act (CRA), Low-and Moderate-Income (LMI), Multicultural and First Time Homebuyer customer segments. The individual would have an extensive understanding of the local Affordable Housing Market, Housing Assistance Programs, and experience providing thoughtful mortgage lending solutions and guidance to low-and moderate-income, Multicultural and First Time Homebuyers.
Depth & Scope:
Takes residential mortgage loan applications and communicates underwriting decisions, including offers and/or counter offers of residential mortgage products.
Increases mortgage loan volume, focusing on CRA, low-and moderate-income, and multicultural borrowers through effective selling of the Bank's products and programs.
Researches organizations and agencies within assigned geographic area which are focused on providing services to low and moderate income persons and communities.
Establishes through direct outreach efforts, relationships with nonprofit organizations, realtors, state and local housing offices, and community-based affordable housing organizations to generate and increase CRA mortgage opportunities.
Represents the bank in community-based meetings and initiatives such as housing seminars, financial literacy programs, affordable housing conferences, etc.
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; Ensures applications are completed accurately and contain required information and supporting documentation.
Communicates regularly with customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as planned.
Informs management of progress relative to goals on a regular basis and asks for assistance as needed to finalize sales.
Sells and originates residential mortgage loans according to established policies, procedures and applicable legal and regulatory guidelines.
Maintains current information on the trends and developments in the local real estate market.
Maintains growing network of outside referral sources in assigned territory.
Enters information into mortgage loan system so that loans will appear accurately in the pipeline.
Education & Experience:
Bachelor’s degree or progressive work experience in addition to experience below.
3+ years related experience required.
Self-directed, ability to plan own activities to achieve sales goals.
Excellent time management skills.
PC skills, including knowledge of mortgage origination and automated underwriting systems.
Employee must maintain an active registration status with NMLS (Nationwide Mortgage Licensing System and Registry).
Established network of community-based organizations, municipalities and agencies whose primary focus is affordable housing and first time home buyer education.
Demonstrated sales ability.
In-depth knowledge of mortgage industry, products, lending practices and regulatory guidelines.
Minimum target annual loan originations of 48 LMI/multicultural units.
OCC Language:
This position falls within the definition of Loan Originator as defined under Regulation Z of the Truth in Lending Act.
Must be eligible for employment with a covered financial institution under the standards established by Regulation Z.
Must be eligible for registration as a registered mortgage loan originator with the NMLS.
Satisfactory results on a criminal background check and a credit report check are required for this position.
Physical Requirements:
Domestic Travel – Occasional
Performing sedentary work – Continuous
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.
Who We Are:
TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients.
Our Total Rewards Package: Our Total Rewards package reflects the investments we make in our colleagues to help them achieve their financial, physical and mental well-being goals.
Additional Information: We’re delighted that you’re considering building a career with TD.
Accommodation: If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program.
#J-18808-Ljbffr
Community Mortgage Loan Officer - Washington DC Work Location:
Washington, District of Columbia, United States of America
Hours:
40
Line of Business:
Personal & Commercial Banking
Pay Detail:
$33.70 - $33.70 USD
Job Description:
The Community Mortgage Loan Officer identifies, develops and maintains a quality network of community-based organizations, Realtors, and local state/government agencies that serves as a recurring source of referrals of new mortgage lending opportunities with an emphasis on the Community Reinvestment Act (CRA), Low-and Moderate-Income (LMI), Multicultural and First Time Homebuyer customer segments. The individual would have an extensive understanding of the local Affordable Housing Market, Housing Assistance Programs, and experience providing thoughtful mortgage lending solutions and guidance to low-and moderate-income, Multicultural and First Time Homebuyers.
Depth & Scope:
Takes residential mortgage loan applications and communicates underwriting decisions, including offers and/or counter offers of residential mortgage products.
Increases mortgage loan volume, focusing on CRA, low-and moderate-income, and multicultural borrowers through effective selling of the Bank's products and programs.
Researches organizations and agencies within assigned geographic area which are focused on providing services to low and moderate income persons and communities.
Establishes through direct outreach efforts, relationships with nonprofit organizations, realtors, state and local housing offices, and community-based affordable housing organizations to generate and increase CRA mortgage opportunities.
Represents the bank in community-based meetings and initiatives such as housing seminars, financial literacy programs, affordable housing conferences, etc.
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; Ensures applications are completed accurately and contain required information and supporting documentation.
Communicates regularly with customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as planned.
Informs management of progress relative to goals on a regular basis and asks for assistance as needed to finalize sales.
Sells and originates residential mortgage loans according to established policies, procedures and applicable legal and regulatory guidelines.
Maintains current information on the trends and developments in the local real estate market.
Maintains growing network of outside referral sources in assigned territory.
Enters information into mortgage loan system so that loans will appear accurately in the pipeline.
Education & Experience:
Bachelor’s degree or progressive work experience in addition to experience below.
3+ years related experience required.
Self-directed, ability to plan own activities to achieve sales goals.
Excellent time management skills.
PC skills, including knowledge of mortgage origination and automated underwriting systems.
Employee must maintain an active registration status with NMLS (Nationwide Mortgage Licensing System and Registry).
Established network of community-based organizations, municipalities and agencies whose primary focus is affordable housing and first time home buyer education.
Demonstrated sales ability.
In-depth knowledge of mortgage industry, products, lending practices and regulatory guidelines.
Minimum target annual loan originations of 48 LMI/multicultural units.
OCC Language:
This position falls within the definition of Loan Originator as defined under Regulation Z of the Truth in Lending Act.
Must be eligible for employment with a covered financial institution under the standards established by Regulation Z.
Must be eligible for registration as a registered mortgage loan originator with the NMLS.
Satisfactory results on a criminal background check and a credit report check are required for this position.
Physical Requirements:
Domestic Travel – Occasional
Performing sedentary work – Continuous
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.
Who We Are:
TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients.
Our Total Rewards Package: Our Total Rewards package reflects the investments we make in our colleagues to help them achieve their financial, physical and mental well-being goals.
Additional Information: We’re delighted that you’re considering building a career with TD.
Accommodation: If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program.
#J-18808-Ljbffr