CRA Mortgage Loan Officer - Dover, DE

Employer
TD Bank
Location
Dover, DE
Posted
Feb 15, 2018
Closes
Feb 16, 2018
Function
Other
Hours
Full Time
Job DescriptionTakes residential mortgage loan applications and communicates underwriting decisions, including offers and/or counter offers of residential mortgage productsOrigination focus to be on underserved, low and moderate income persons to achieve homeownership utilizing the bank's products for the geographic area of responsibility Researches organizations and agencies within the geographic area which are focused on providing services to low and moderate income persons and communities Establishes through direct outreach efforts, relationships with organization, realtors and governmental agencies which will support the bank's CRA programsRepresents the bank in community based meetings and initiatives such as housing seminars, financial literacy programs, affordable housing conferences, etc., which have as their primary focus providing services to low and moderate income personsExplains 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 and other information to customers. Ensures applications are completed accurately and contain required information and 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 application process as planned. Coordinates any additional information requests, clarifications and other problem solving as needed so that process remains on scheduleAttends closings as needed.Job RequirementsBachelor's degree or progressive work experience in addition to experience belowGrowing network of outside contacts to generate referral flowSelf-directed, ability to plan own activities to achieve sales goalsExcellent time management skillsPC 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) 3+ years related experience requiredEstablished network of community based organizations, municipalities and agencies whose primary focus is affordable housing and first time home buyer educationDemonstrated sales abilityIn-depth knowledge of mortgage industry, products, lending practices and regulatory guidelinesGrowing network of outside contacts to generate referral flowSelf-directed, ability to plan own activities to achieve sales goalsExcellent time management skillsPC skills, including knowledge of mortgage origination and automated underwriting systemsAnnual loan originations generally of 50-70 LMI units #LI-HB1