Mortgage Originator

M&T Bank • Syracuse, NY • 10h ago

Overview:

Primarily responsible for working with customers interested in identifying and obtaining permanent FHA/VA and conventional mortgage loans and other residential mortgage programs that best meet the customer's financial needs and objectives, and adhering to the requirements of federal registration under the SAFE Act.

Primary Responsibilities:

Interviews applicants to collect and analyze information regarding their income, assets, debts and credit data as well as their needs, desires, and earnings to assist in determining whether the loan will be an acceptable risk; obtains and analyzes pertinent financial and credit data.

Independently assesses applicant's credit worthiness. Has authority to issue pre-qualification statement of borrowers' eligibility.

Determines which products best meet the customer's needs and financial circumstances and advises potential borrowers regarding the advantages and disadvantages of different financial products and the most appropriate mortgage loan programs.

Makes recommendations to customers regarding other bank products or to alternative lending vehicles, as needed.

Cultivates new mortgage business. Markets, services and promotes the bank's mortgage products. This includes the solicitation of residential first mortgages through contacts with Realtors, builders, and developers.

May be required to travel to and work at prospective customers' homes or business locations. Follows-up on potential customers via travel or telephone.

Negotiates terms and conditions of loan with mortgagors. Has authority to bind the bank in connection therewith.

Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements.

Advises management on effective compliance strategies and potential modifications to corporate operating policies where appropriate to ensure ongoing regulatory compliance.

Independently monitors trends and developments in the local real estate market, as well as the changing rules and regulations pertaining to both private and government-insured mortgages.

Represents the bank in the community and related functions to identify, develop and promote additional business. May present seminars to general public and real estate agents to promote additional business and community outreach.

Scope of Responsibilities:

The incumbent always works under limited supervision, sometimes away from the office.

The position requires extensive external contacts (potential and existing customers, Realtors, etc.), as well as internal contacts (other Bank personnel) primarily on sales calls outside the office.

Will interact with individuals and teams internally and within the community assigned, developing new relationships and maintaining existing relationships

Responsibility to establish and maintain federal registration requirements outlined in the SAFE Act.

Education and Experience Required:

Associates degree and 2 years sales experience,

OR in lieu of a degree,

A combined minimum of 4 years higher education and/or relevant work experience, including a minimum of 2 years sales experience.

Thorough knowledge of FHA/VA regulations, conventional loan requirements and real estate law.

Education and Experience Preferred:

Technical Skills

General knowledge of personal computers and software programs utilized by Residential Mortgage Department

Proven sales ability.

Strong mathematical skills.

Self-motivated, well-organized individual.

Excellent verbal and written communication skills.

Ability to interact with individuals at all income levels and peers in a professional manner.

Demonstrated ability to work independently and to follow through on details to completion.

Ability to work under critical time constraints.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. Compensation for this role is based on commission - a draw will be advanced. The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Syracuse, New York, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.

Similar Jobs

Financial Solutions Advisor - Upstate New York Market

Bank of America • Cicero, NY • 13h ago

Finance, Accounting & Banking

Financial Solutions Advisor - Upstate New York Market West Seneca, New York;Fayetteville, New York; Liverpool, New York; Cicero, New York To proceed with your application, you must be at least 18 years of age. Acknowledg...

13h ago

Go to Apply

Commercial Credit Analyst 3

Community Financial System, Inc. • Syracuse, NY • 1d ago

Finance, Accounting & Banking

Overview At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., opera...

1d ago

Go to Apply

Revenue Collection-Finance

CNY Centro • Syracuse, NY • 6d ago

Finance, Accounting & Banking

DEPARTMENT: Revenue Collection-Finance, Central New York Regional Transportation Authority SALARY RANGE: $21.09 per hour HOURS: Monday through Friday; 7:30am-11:30am (ending hours vary) JOB SUMMARY: This position support...

6d ago

Go to Apply

Brand Rep - Audits, Merchandising and Quality Control

ThirdChannel • Auburn, NY • 1w ago

Finance, Accounting & Banking

Brand Rep - Audits, Merchandising and Quality Control Auburn, NY %LABELPOSITIONTYPE_CONTRACT% AT&T %BREADCRUMBJOBOPENINGS% Brand Rep - Audits, Merchandising and Quality Control %BUTTONAPPLYTO_POSITION% %BUTTONAPPLYUS...

1w ago

Go to Apply

Financial Consultant

Community Financial System, Inc. • Syracuse, NY • 1w ago

Finance, Accounting & Banking

1w ago

Go to Apply

Recruiting Manager (Finance and Accounting)

Robert Half • Syracuse, NY • 1w ago

Finance, Accounting & Banking

JOB REQUISITION Recruiting Manager (Finance and Accounting) LOCATION NY SYRACUSE JOB DESCRIPTION Job Summary As a Recruiting Manager , your responsibilities will include developing and growing a client base and new busin...

1w ago

Go to Apply

Bookkeeper

Robert Half • Syracuse, NY • 2w ago

Finance, Accounting & Banking

Description Join Robert Half's Full-Time Engagement Professionals (FTEP) program and take your career to the next level. As a salaried employee of Robert Half, you'll gain the stability of a full-time role while working...

2w ago

Go to Apply

Director of Accounting

Rapid Response • Syracuse, NY • 2w ago

Finance, Accounting & Banking

Director of Accounting Department: Accounting Location: Syracuse, NY START YOUR APPLICATION ( https://apply.hrmdirect.com/resumedirect/ApplyOnline/Apply.aspx?req_id=3800472&source=3800472-CJB-0 ) Location This positi...

2w ago

Go to Apply

Accounts Payable Clerk

Robert Half • Constantia, NY • 3w ago

Finance, Accounting & Banking

Description We are looking for an Accounts Payable Clerk to join a growing team in a contract-to-permanent capacity. This position is ideal for someone who enjoys keeping financial records accurate, managing vendor payme...

3w ago

Go to Apply

Accounts Payable Specialist

Rapid Response • Syracuse, NY • 3w ago

Finance, Accounting & Banking

Accounts Payable Specialist Department: Accounting Location: Syracuse, NY START YOUR APPLICATION ( https://apply.hrmdirect.com/resumedirect/ApplyOnline/Apply.aspx?req_id=3800478&source=3800478-CJB-0 ) Location This p...

3w ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)