Loan Originator and Mortgage Specialist

2 weeks ago


Bennington, Vermont, United States M&T Bank Full time
About the Role

This challenging opportunity at M&T Bank is looking for an experienced Loan Originator and Mortgage Specialist to join our team. As a critical member of our Residential Mortgage Department, you will play a pivotal role in identifying and securing mortgage loans that meet our customers' financial needs.

Responsibilities
  1. You will conduct thorough interviews with applicants to assess their creditworthiness and determine the suitability of loan products.
  2. You will analyze complex financial data, including income, assets, debts, and credit information, to provide informed recommendations to customers.
  3. You will work closely with real estate agents, developers, and other stakeholders to identify potential business opportunities and develop relationships that drive new mortgage business.
  4. You will negotiate terms and conditions of loans with mortgagors, ensuring compliance with all origination procedures and regulatory requirements.
  5. You will represent the bank in the community, developing and promoting additional business through seminars, presentations, and other outreach activities.
Requirements

To be successful in this role, you will need:

  • An Associate's degree and 2 years of sales experience or equivalent higher education and relevant work experience, including a minimum of 2 years of sales experience.
  • Thorough knowledge of FHA/VA regulations, conventional loan requirements, and real estate law.
  • Excellent communication and interpersonal skills, with the ability to interact with individuals at all income levels and peers in a professional manner.
  • A proven track record of self-motivation, well-organized individuality, and demonstrated ability to work independently and follow through on details to completion.
Compensation

The salary range for this position is $24.04 - $38.46 Hourly (USD), reflecting the bank's commitment to fair, competitive, and market-informed pay. Your specific compensation will be determined by your unique combination of knowledge, skills, and experience.



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