Mortgage Loan Originator

4 weeks ago


Maryland City, Maryland, United States M&T Bank Full time
Mortgage Loan Originator Job Summary

The Mortgage Loan Originator is responsible for working with customers to identify and obtain permanent FHA/VA and conventional mortgage loans. This role requires a thorough understanding of FHA/VA regulations, conventional loan requirements, and real estate law. Key responsibilities include interviewing applicants, assessing credit worthiness, and determining which mortgage products best meet the customer's needs. The successful candidate will have excellent communication skills, be self-motivated, and have a proven sales ability.

Key Responsibilities:
  • Interview applicants to collect and analyze information regarding their income, assets, debts, and credit data.
  • Assess applicant's credit worthiness and determine which mortgage products best meet the customer's needs.
  • Negotiate terms and conditions of loan with mortgagors.
  • Ensure lending compliance with all origination procedures, including bank policies and procedures, and regulatory requirements.

Requirements:

The Mortgage Loan Originator role requires an Associate's degree and 2 years of sales experience, or a combined minimum of 4 years higher education and/or relevant work experience, including a minimum of 2 years sales experience. The ideal candidate will have a thorough knowledge of FHA/VA regulations, conventional loan requirements, and real estate law.

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. The specific compensation will be informed by the candidate's particular combination of knowledge, skills, and experience.

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