Mortgage Loan Originator

7 days ago


Melville, New York, United States M&T Bank Full time
Mortgage Loan Originator Job Description

The Mortgage Loan Originator is responsible for working with customers to identify and obtain permanent FHA/VA and conventional mortgage loans that meet their financial needs and objectives. This role requires extensive external contacts with potential and existing customers, Realtors, and other Bank personnel. The incumbent works under limited supervision and is responsible for ensuring lending compliance with all origination procedures, including bank policies and regulatory requirements.

Key Responsibilities:
  • Interview applicants to collect and analyze information regarding their income, assets, debts, and credit data.
  • Independently assess applicant's credit worthiness and determine which products best meet the customer's needs and financial circumstances.
  • Negotiate terms and conditions of loan with mortgagors and ensure ongoing regulatory compliance.
  • Represent the bank in the community and related functions to identify, develop, and promote additional business.

Requirements:

An Associates degree and 2 years sales experience, or a combined minimum of 4 years higher education and/or relevant work experience, including a minimum of 2 years sales experience. Thorough knowledge of FHA/VA regulations, conventional loan requirements, and real estate law is required. The ideal candidate will have proven sales ability, strong mathematical skills, and excellent verbal and written communication skills.

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