Mortgage Loan Officer- Baltimore MD

TD; Baltimore (MD); On-site; USD 17,000 - 24,000; Full time

Job summary

TD Bank in Baltimore, MD is seeking a Mortgage Loan Officer to source, originate and close residential mortgage loans. The role targets meeting sales goals and guiding customers through the loan process, including documentation, underwriting, and closing coordination.

The position emphasizes building relationships with realtors, developers, and clients while ensuring compliance with lending policies and regulatory guidelines.

Qualifications

• Bachelor's degree or progressive work experience in addition to experience below.
• 2+ years of mortgage origination experience.
• Proven sales ability and strong negotiation skills.
• Excellent communication skills, verbal and written.
• Proficiency with mortgage origination and underwriting software.

Responsibilities

• Meets with prospects identified directly as well as referred by realtors, developers, attorneys and other sources.
• Guides customers through the mortgage application process and explains required information.
• Underwrites loans using point-of-sale systems within authority.
• Sends materials to processing and underwriting and tracks the loan in the pipeline.
• Communicates loan decisions and status to customers and supports closing activities.

Skills

Sales ability

Excellent communication

Time management

Self-directed

Mortgage systems

Education

Bachelor's degree or progressive work experience

Tools

Mortgage origination systems

Automated underwriting systems

Job description

Work Location:Baltimore, Maryland, United States of AmericaHours:40Pay Details:$15.00 - $15.00 USDTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.Line of Business:Personal & Commercial BankingJob Description:The Mortgage Loan Officer sells and originates residential mortgage loans to sales goals. The Mortgage Loan Officer takes residential mortgage loan applications and offers or negotiates terms of residential mortgage loans. Pay Range- $11.54 per hour depending on established local minimum wage plus commission. #LI-USOtherDepth & Scope:Meets with Prospects identified directly as well as referred by realtors, developers, attorneys and other external and internal referral sourcesExplains variety of mortgage products and services available and offers recommendations based on evaluation of individual prospect needsGuides Customers through the mortgage application processExplains information required and other aspects of the loan process to CustomersEnsures applications are completed accurately and contain required information and supporting documentationManages Customers expectations regarding processing times and closing datesSells and originates residential mortgage loans according to established policies and procedures and applicable legal and regulatory guidelinesGenerates referrals for mortgage sales opportunities and sales of other Company business line productsDevelops plan to achieve sales goals with assistance from sales managementEnters information into mortgage loan system so that loans will appear accurately in the pipelineCreates supporting files with backup and explanatory documentation and information for underwriting, regulatory and other purposesSends application and other required information to underwriting areaUnderwrites loans using point-of-sale underwriting systems within scope of authorityCommunicates loan decisions directly to Customers and explains any additional information neededSubmits application materials and other required information to processing area to clear any conditions, finalizes the loan commitment, and prepares for closingCommunicates regularly with Customers, underwriters, processors, realtors, closing agents and others to ensure application process proceeds as plannedAttends closings as neededDevelops knowledge of current industry practices and trends by learning from more experienced sales personnel and by attending continuing education training and seminars, including but not limited to the full array of Company products and services as well as mortgage laws and regulationsDevelops knowledge of policies, procedures, rules and regulations related to retail mortgage productsParticipates in homebuyers' seminars, home shows, brokers' meetings and other home financing workshopsRecommends changes to products, programs and/or pricingEnsures TD Bank maintains successful audits and exams within all areasDeals with complex mortgage needsEducation & Experience:Bachelors degree or progressive work experience in addition to experience below2+ Years of mortgage origination experienceProven Sales abilityDeveloping knowledge of mortgage industry, products, lending practices and regulatory guidelinesMaintains the highest level of sales ability and negotiation skillsSelf-directed, ability to plan own activities to achieve sales goalsStrong time management skillsExcellent communication skills, both verbal and writtenPC skills, including ability to learn mortgage origination and automated underwriting systemsOCC Language:This position falls within the definition of Loan Originator as defined under Regulation Z of the Truth in Lending Act, 12 CFR Part 1026.36, and the definition of Mortgage Loan Originator as defined under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), 12 U.S.C. §§ 5102 et seq., and its implementing regulations, 12 CFR Part 1007Must be eligible for employment with a covered financial institution under the standards established by Regulation Z of the Truth in Lending Act, 12 CFR Part 1026.36Must be eligible for registration as a registered mortgage loan originator with the NMLS (Nationwide Mortgage Licensing System and Registry) in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), 12 U.S.C. §§ 5102 et seq., and its implementing regulations, 12 CFR Part 1007Satisfactory results on a criminal background check and a credit report check, and statements/certification from job applicant regarding administrative, civil, and/or criminal findings by any government agency/authority, are required by federal law for this positionPhysical Requirements:Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%Domestic Travel – OccasionalInternational Travel – NeverPerforming sedentary work – ContinuousPerforming multiple tasks – ContinuousOperating standard office equipment - ContinuousResponding quickly to sounds – OccasionalSitting – ContinuousStanding – OccasionalWalking – OccasionalMoving safely in confined spaces – OccasionalLifting/Carrying (under 25 lbs.) – OccasionalLifting/Carrying (over 25 lbs.) – NeverSquatting – OccasionalBending – OccasionalKneeling – NeverCrawling – NeverClimbing – NeverReaching overhead – NeverReaching forward – OccasionalPushing – NeverPulling – NeverTwisting – NeverConcentrating for long periods of time – ContinuousApplying common sense to deal with problems involving standardized situations – ContinuousReading, writing and comprehending instructions – ContinuousAdding, subtracting, multiplying and dividing – ContinuousThe above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.Who We Are:TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.Our Total Rewards PackageOur Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn moreAdditional Information:We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.Colleague DevelopmentIf you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.AccommodationTD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [e-mail] . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.