Senior Loan Officer, Mortgage
GoodleapSalary not specified
- Full Time
- Mid-level (3 to 4 years)
$60,000 – $90,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
Candidates should possess a Bachelor’s degree and demonstrate at least 3 years of experience in mortgage lending, with a strong understanding of FHA/VA and conventional mortgage programs. They must also have the ability to independently assess applicant creditworthiness and determine loan eligibility, along with knowledge of federal registration requirements under the SAFE Act.
Responsibilities
The Mortgage Originator will interview applicants to gather financial data, assess their creditworthiness, and advise them on suitable mortgage loan programs, while also negotiating loan terms and conditions. They will cultivate new mortgage business through outreach to Realtors, builders, and developers, and represent the bank in the community to identify and promote mortgage products. Additionally, they will ensure lending compliance with all origination procedures and regulatory requirements, monitor market trends, and advise management on compliance strategies.
Skills
FHA
VA
Conventional Mortgages
Creditworthiness Assessment
Loan Eligibility
SAFE Act
Mortgage Loan Programs
Financial Data Analysis
Negotiation
Realtor Outreach
Market Trends
M&T Bank
Full-service banking for individuals and businesses
About M&T Bank
M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.
Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees