Community Mortgage Loan Officer -Northeast & Southeast US
TD, Mount Pleasant, SC, United States
Work Location
Mount Pleasant, Caroline du Sud, États-Unis d'Amérique
Hours
40 hours per week
Pay Details
$28.85 – $28.85 USD per hour
TD is committed to providing fair and equitable compensation opportunities. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay offered may vary based on the candidate’s skills and experience, job‑related knowledge, geographic location, and other specific business and organizational needs.
Line Of Business
Services bancaires personnels et commerciaux
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 serve as a recurring source of referrals for 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 has 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 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 focused on low‑and moderate‑income communities.
Establishes relationships with nonprofit organizations, realtors, state and local housing offices, and community‑based affordable housing organizations through direct outreach 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, with a primary focus on serving low‑and moderate‑income persons.
Explains a variety of mortgage products and services available and offers recommendations based on evaluation of individual prospect needs; communicates terms and conditions of loans and finalizes sales.
Sells other company products and services as appropriate.
Guides customers through the mortgage application process; explains information required and delivers required disclosures; ensures applications are completed accurately and contain required supporting documentation; manages expectations regarding processing times and closing dates together with customers.
Communicates regularly with customers, underwriters, processors, realtors, closing agents and others to ensure the application process proceeds as planned; coordinates additional information requests, clarifications and problem‑solving as needed; attends closings as required.
Informs management of progress relative to goals on a regular basis and asks for assistance to finalize sales, training and other needs.
Sells and originates residential mortgage loans according to established policies, procedures and applicable legal and regulatory guidelines.
Communicates loan decisions directly to customers, explains any additional information needed and submits application materials and other required information to the processing area to clear any conditions to finalize the loan commitment and prepare for closing.
Maintains current information on trends and developments in the local real estate market, as well as policies, procedures, rules and regulations related to retail mortgage products.
Maintains a growing network of outside referral sources in the assigned territory such as real estate brokers, builders, attorneys, accountants, financial planners and other business professionals; continues researching the market, identifying individuals and organizations likely to produce referrals and developing relationships to increase the referral flow; ensures referral sources have current information on mortgage products and services.
Enters information into the mortgage loan system so that loans 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 the underwriting area.
Education & Experience
Bachelor’s degree or progressive work experience in addition to the experience listed below.
3+ years of related experience required.
Growing network of outside contacts to generate quality referral business.
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 focused on affordable housing and first‑time homebuyer education.
Demonstrated sales ability.
In‑depth knowledge of mortgage industry, products, lending practices and regulatory guidelines.
Growing network of outside contacts to generate referral flow.
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, 12 CFR Part 1026.36, and the definition of Mortgage Loan Originator as defined under 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.
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 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 regarding administrative, civil, and/or criminal findings by any government agency/authority are required by federal law for this position.
Physical Requirements
Never: 0%; Occasional: 1‑33%; Frequent: 34‑66%; Continuous: 67‑100%
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment – Continuous
Responding quickly to sounds – Occasional
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Squatting – Occasional
Bending – Occasional
Kneeling – Never
Crawling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well‑being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well‑being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
Accommodation
TD Bank is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
#J-18808-Ljbffr
Mount Pleasant, Caroline du Sud, États-Unis d'Amérique
Hours
40 hours per week
Pay Details
$28.85 – $28.85 USD per hour
TD is committed to providing fair and equitable compensation opportunities. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay offered may vary based on the candidate’s skills and experience, job‑related knowledge, geographic location, and other specific business and organizational needs.
Line Of Business
Services bancaires personnels et commerciaux
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 serve as a recurring source of referrals for 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 has 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 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 focused on low‑and moderate‑income communities.
Establishes relationships with nonprofit organizations, realtors, state and local housing offices, and community‑based affordable housing organizations through direct outreach 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, with a primary focus on serving low‑and moderate‑income persons.
Explains a variety of mortgage products and services available and offers recommendations based on evaluation of individual prospect needs; communicates terms and conditions of loans and finalizes sales.
Sells other company products and services as appropriate.
Guides customers through the mortgage application process; explains information required and delivers required disclosures; ensures applications are completed accurately and contain required supporting documentation; manages expectations regarding processing times and closing dates together with customers.
Communicates regularly with customers, underwriters, processors, realtors, closing agents and others to ensure the application process proceeds as planned; coordinates additional information requests, clarifications and problem‑solving as needed; attends closings as required.
Informs management of progress relative to goals on a regular basis and asks for assistance to finalize sales, training and other needs.
Sells and originates residential mortgage loans according to established policies, procedures and applicable legal and regulatory guidelines.
Communicates loan decisions directly to customers, explains any additional information needed and submits application materials and other required information to the processing area to clear any conditions to finalize the loan commitment and prepare for closing.
Maintains current information on trends and developments in the local real estate market, as well as policies, procedures, rules and regulations related to retail mortgage products.
Maintains a growing network of outside referral sources in the assigned territory such as real estate brokers, builders, attorneys, accountants, financial planners and other business professionals; continues researching the market, identifying individuals and organizations likely to produce referrals and developing relationships to increase the referral flow; ensures referral sources have current information on mortgage products and services.
Enters information into the mortgage loan system so that loans 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 the underwriting area.
Education & Experience
Bachelor’s degree or progressive work experience in addition to the experience listed below.
3+ years of related experience required.
Growing network of outside contacts to generate quality referral business.
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 focused on affordable housing and first‑time homebuyer education.
Demonstrated sales ability.
In‑depth knowledge of mortgage industry, products, lending practices and regulatory guidelines.
Growing network of outside contacts to generate referral flow.
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, 12 CFR Part 1026.36, and the definition of Mortgage Loan Originator as defined under 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.
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 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 regarding administrative, civil, and/or criminal findings by any government agency/authority are required by federal law for this position.
Physical Requirements
Never: 0%; Occasional: 1‑33%; Frequent: 34‑66%; Continuous: 67‑100%
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment – Continuous
Responding quickly to sounds – Occasional
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Squatting – Occasional
Bending – Occasional
Kneeling – Never
Crawling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well‑being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well‑being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
Accommodation
TD Bank is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
#J-18808-Ljbffr