Mortgage Loan Originator

2 weeks ago


Burlington, Vermont, United States M&T Bank Full time
Mortgage Loan Originator Job Description

Overview:

We are seeking a highly skilled Mortgage Loan Originator to join our team at M&T Bank. As a Mortgage Loan Originator, you will be responsible for working with customers to identify and obtain permanent FHA/VA and conventional mortgage loans that meet their financial needs and objectives.

Key Responsibilities:

  • Customer Interviews: Conduct thorough interviews with applicants to collect and analyze information regarding their income, assets, debts, and credit data.
  • Credit Worthiness Assessment: Independently assess applicant's credit worthiness and have authority to issue pre-qualification statements.
  • Product Recommendations: Determine which mortgage products best meet the customer's needs and financial circumstances, and advise potential borrowers on the advantages and disadvantages of different financial products.
  • Business Development: Cultivate new mortgage business, market, and promote the bank's mortgage products, including soliciting residential first mortgages through contacts with Realtors, builders, and developers.
  • Compliance: Ensure lending compliance with all origination procedures, including bank policies and procedures, and regulatory requirements.
  • Community Outreach: Represent the bank in the community, identify, develop, and promote additional business opportunities, and present seminars to the general public and real estate agents.

Requirements:

We are looking for a highly motivated and experienced Mortgage Loan Originator with a strong background in sales, mortgage lending, and customer service. The ideal candidate will have a thorough knowledge of FHA/VA regulations, conventional loan requirements, and real estate law.

Preferred Qualifications:

A combined minimum of 4 years higher education and/or relevant work experience, including a minimum of 2 years sales experience, and technical skills in personal computers and software programs utilized by the Residential Mortgage Department.

What We Offer:

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.

Location:

Burlington, Vermont, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.



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