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TD Bank Community Mortgage Loan Officer- Metro NY in New York City, New York

284687BR

Job Title:

Community Mortgage Loan Officer- Metro NY

TD Description:

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., 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 D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. at http://www.tdbank.com/ Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .

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 www.td.com at http://www.td.com/ .

Auto req ID:

284687BR

Department Overview:

Job Description Summary

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.

Country:

United States

Job Requirements:

Bachelor’s degree or progressive work experience in addition to experience below

3+ years 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 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

Growing network of outside contacts to generate referral flow

Minimum target annual loan originations of 48 LMI/multicultural units

  • 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 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., which have the primary focus of providing services to low-and moderate-income persons

Explains 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 proceeds as planned; Coordinates any additional information requests, clarifications and other problem solving as needed so that process remains on schedule; Attends closings as needed

Informs 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 needed

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 processing area to clear any conditions to finalize the loan commitment and prepare for closing

Maintains 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 products

Maintains 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 services

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

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 USWAPTDO@td.com . 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:

New Jersey, New York

City:

Brooklyn, New York City, Parsippany, White Plains

Qualifications:

Bachelor’s degree or progressive work experience in addition to experience below

3+ years 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 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

Growing network of outside contacts to generate referral flow

Minimum target annual loan originations of 48 LMI/multicultural units

Work Location:

2 Wall Street

Business Line:

TD Bank AMCB

Job Category - Primary:

Sales & Business Development

Job Category(s):

Sales & Business Development

**Province/State (Primary):

New York

ProvState 2:

New York

ProvState 3:

New Jersey

ProvState 4:

New York

City (Primary):

New York City

City(s) 2:

White Plains

City(s) 3:

Parsippany

City(s) 4:

Brooklyn

Job Family:

Commercial Lending

Time Type:

Full Time

Employment Type:

Regular

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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