Community Mortgage Loan Officer

TD Bank
Washington, DC
Oct 23, 2021
Oct 25, 2021
Full Time
**309689BR Job Title:**Community Mortgage Loan Officer- DC**TD Description: About TD Bank, America's Most Convenient Bank(R)**TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the US, providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro DC, the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth(R), and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, NJ To learn more, visit Find TD Bank on Facebook at and on Twitter at .TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit .**Auto req ID:**309689BR**Country:**United States**Job Requirements:**+ Must be eligible for employment under regulatory standards applicable to the position.**Hours:**40**Job Description:**Takes residential mortgage loan applications and communicates underwriting decisions, including offers and/or counter offers of residential mortgage productsIncreases 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 communitiesEstablishes 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 opportunitiesRepresents the bank in community-based meetings and initiatives such as housing seminars, financial literacy programs, affordable housing conferences, etc., which have the primary focus of 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 salesSells other Company products and services as appropriateGuides 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 customersCommunicates regularly with customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as planned; Coordinates any additional information requests, clarifications and other problem solving as needed so that process remains on schedule; Attends closings as neededInforms management of progress relative to goals on a regular basis and asks for assistance as needed to finalize sales, for training and for other issues as neededSells and originates residential mortgage loans according to established policies, procedures and applicable legal and regulatory guidelinesCommunicates loan decisions directly to customers, explains any additional information needed and submits application materials and other required information to processing area to clear any conditions to finalize the loan commitment and prepare for closingMaintains current information on the trends and developments in the local real estate market, as well as policies, procedures, rules and regulations related to retail mortgage productsMaintains growing network of outside referral sources in assigned territory, such as real estate brokers, builders, attorneys, accountants, financial planners and other business professionals; Continues researching 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 servicesEnters 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**Inclusiveness:**At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.**Province/State:**District of Columbia**City:**Washington**Qualifications:**Bachelor's degree or progressive work experience in addition to experience below3+ years related experience requiredGrowing network of outside contacts to generate quality referral businessSelf-directed, ability to plan own activities to achieve sales goalsExcellent time management skillsPC skills, including knowledge of mortgage origination and automated underwriting systemsEmployee 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 educationDemonstrated sales abilityIn-depth knowledge of mortgage industry, products, lending practices and regulatory guidelinesGrowing network of outside contacts to generate referral flowMinimum target annual loan originations of 48 LMI/multicultural units**Work Location:**605 14th Street, Northwest**Business Line:**TD Bank AMCB**Job Category - Primary:**Sales & Business Development**Job Category(s):**Sales & Business Development Province/State (Primary):**District of Columbia**City (Primary):**Washington**Job Family:**Commercial Lending**Time Type:**Full Time**Employment Type:**RegularFederal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.