Mortgage Loan Officer - So. NJ
TD Bank Financial Group - Cherry Hill, NJ

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The Mortgage Loan Officer sells and originates residential mortgage loans to sales goals. This position takes residential mortgage loan applications AND offers or negotiates terms of residential mortgage loans for compensation or gain. Employee must maintain an active registration status with NMLS (Nationwide Mortgage Licensing System and Registry).

Job Requirements
  • Meets with Prospects identified directly as well as referred by realtors, developers, attorneys and other external and internal referral sources
  • 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. Explains information required and other aspects of the loan process to Customers
  • Ensures applications are completed accurately and contain required information and supporting documentation
  • Manages Customers’ expectations regarding processing times and closing dates
  • Sells and originates residential mortgage loans according to established policies and procedures and applicable legal and regulatory guidelines
  • Generates referrals for mortgage sales opportunities and sales of other Company business line products
  • Develops plan to achieve sales goals with assistance from sales management
  • 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
  • Underwrites loans using point-of-sale underwriting systems within scope of authority. Communicates loan decisions directly to Customers and explains any additional information needed. Submits application materials and other required information to processing area to clear any conditions, finalize the loan commitment, and prepare for closing
  • Communicates regularly with Customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as planned. Attends closings as needed

  • Bachelor’s degree or progressive work experience in addition to experience below
  • 2-4 Years of related experience
  • Proven Sales ability
  • Developing knowledge of mortgage industry, products, lending practices and regulatory guidelines
  • Maintains the highest level of sales ability and negotiation skills
  • Self-directed, with developing ability to plan own activities to achieve sales goals
  • Good time management skills
  • Excellent communication skills, both verbal and written
  • PC skills, including ability to learn mortgage origination and automated underwriting systems

Skills Category
Sales -

About this company
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About TD Bank Financial Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank...