Community Mortgage Loan Officer- Washington DC

TD Bank • Washington, DC

387d • $70,096 - $70,096

About The Position

The Community Mortgage Loan Officer at TD Bank is responsible for identifying, developing, and maintaining a network of community-based organizations, realtors, and local agencies to generate mortgage lending opportunities, particularly for low-and moderate-income and multicultural customers. This role emphasizes the Community Reinvestment Act (CRA) and involves providing mortgage solutions and guidance to first-time homebuyers and those in need of affordable housing. The officer will manage the mortgage application process, communicate underwriting decisions, and represent the bank in community initiatives.

Requirements

• Bachelor's degree or progressive work experience in a related field.
• 3+ years of related experience in mortgage lending or sales.
• Established network of community-based organizations and agencies focused on affordable housing.
• Demonstrated sales ability and in-depth knowledge of the mortgage industry.
• Excellent time management skills and self-directed work ethic.
• PC skills, including knowledge of mortgage origination and automated underwriting systems.

Nice To Haves

• Experience with Low-and Moderate-Income (LMI) and multicultural customer segments.
• Knowledge of local Affordable Housing Market and Housing Assistance Programs.

Responsibilities

• Identify and develop a network of community organizations and realtors for mortgage lending opportunities.
• Take residential mortgage loan applications and communicate underwriting decisions.
• Increase mortgage loan volume focusing on CRA, low-and moderate-income, and multicultural borrowers.
• Research organizations and agencies that provide services to low and moderate-income persons.
• Establish relationships with nonprofit organizations and community-based affordable housing organizations.
• Represent the bank in community meetings and initiatives focused on affordable housing.
• Explain mortgage products and services to customers and provide recommendations based on their needs.
• Guide customers through the mortgage application process and ensure accurate completion of applications.
• Communicate regularly with customers and other stakeholders to ensure the application process proceeds smoothly.
• Maintain current information on trends in the local real estate market and mortgage products.

Benefits

• Health insurance
• Paid time off

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees