Mortgage Loan Officer (Mortgage Lending)

Location: Red Bank, New Jersey, United States of America; onsite work

Salary: $15.92 per hour; the description also references $11.54 per hour plus commission depending on the established local minimum wage.

Company

TD is a large North American financial institution serving households and businesses through banking and financial services.

What you will do

• Meet prospects and referral partners, explain residential mortgage products, and recommend suitable financing options.
• Guide customers through applications, documentation, processing, underwriting, approval, and closing.
• Originate mortgage loans in line with company policies, legal requirements, and regulatory guidelines.
• Use mortgage loan and point-of-sale underwriting systems to maintain accurate pipelines and evaluate applications within authorization limits.
• Coordinate with customers, underwriters, processors, realtors, closing agents, and other stakeholders to resolve conditions and meet closing timelines.
• Build referral opportunities, participate in homebuyer events, and develop knowledge of mortgage products, laws, and industry practices.

Requirements

• At least 2 years of mortgage origination experience.
• Bachelor’s degree or progressive work experience in addition to the required experience.
• Demonstrated sales, negotiation, communication, planning, and time-management skills.
• Working knowledge of mortgage products, lending practices, industry regulations, and automated underwriting systems.
• Eligibility for employment with a covered financial institution and registration as a mortgage loan originator with the NMLS under the SAFE Act.
• Satisfactory criminal background and credit report checks, along with required regulatory disclosures and certifications.

Culture & Benefits

• Full-time schedule of 40 hours.
• Health and well-being benefits, savings and retirement programs, paid vacation and holiday time, banking benefits, and discounts.
• Career development conversations, mentoring programs, online learning, and continuing education.
• Training and onboarding are provided for the role.
• Inclusive workplace with equal employment opportunities and applicant accommodations.

Hiring process

• Selected candidates are contacted to schedule an interview.
• Application outcomes are communicated by email or phone when possible.