Mortgage Loan Officer Vienna VA​/Metro DC

Position: Mortgage Loan Officer Vienna VA/ Metro DC
Work Location:

Vienna, Virginia, United States of America

Hours:

40

Pay Details:$12.77 - $12.77 USDTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  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 actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Personal & Commercial Banking

Job Description:

The Mortgage Loan Officer sells and originates residential mortgage loans to sales goals. The Mortgage Loan Officer takes residential mortgage loan applications and offers or negotiates terms of residential mortgage loans.

Pay Range- $11.54 per hour depending on established local minimum wage plus commission.

Depth & Scope:

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, finalizes the loan commitment, and prepares for closing

Communicates regularly with Customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as planned

Attends closings as needed

Develops knowledge of current industry practices and trends by learning from more experienced sales personnel and by attending continuing education training and seminars, including but not limited to the full array of Company products and services as well as mortgage laws and regulations

Develops knowledge of policies, procedures, rules and regulations related to retail mortgage products

Participates in home buyers' seminars, home shows, brokers' meetings and other home financing workshops

Recommends changes to products, programs and/or pricing

Ensures TD Bank maintains successful audits and exams within all areas

Deals with complex mortgage needs

Education & Experience:

Bachelors degree or progressive work experience in addition to experience below2+ Years of mortgage origination 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, ability to plan own activities to achieve sales goals

Strong time management skills

Excellent communication skills, both verbal and writtenPC skills, including ability to learn mortgage origination and automated underwriting systemsOCC Language:

This position…