Mortgage Loan Originator

4 days ago


Georgetown, Delaware, United States M&T Bank Full time
Mortgage Originator Job Description

As a Mortgage Originator at M&T Bank, you will play a critical role in helping customers achieve their dream of homeownership. Your primary responsibility will be to work with customers to identify and obtain permanent FHA/VA and conventional mortgage loans that best meet their financial needs and objectives.

Key Responsibilities:
  • Conduct thorough interviews with applicants to gather and analyze information regarding their income, assets, debts, and credit data.
  • Assess applicant credit worthiness and have authority to issue pre-qualification statements.
  • Determine which mortgage products best meet the customer's needs and financial circumstances.
  • Advise potential borrowers on the advantages and disadvantages of different financial products and mortgage loan programs.
  • Cultivate new mortgage business and market, service, and promote the bank's mortgage products.
  • Negotiate terms and conditions of loans with mortgagors and have authority to bind the bank.
  • Ensure lending compliance with all origination procedures, including bank policies and regulatory requirements.
  • Represent the bank in the community and identify, develop, and promote additional business opportunities.
Requirements:
  • 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.
  • Technical skills, including general knowledge of personal computers and software programs utilized by the Residential Mortgage Department.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. Compensation for this role is based on commission, with a draw advanced to the successful candidate.



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