About the role
Overview:
Responsible for originating residential mortgage loans and adhering to the requirements of federal registration under the SAFE Act
Primary Responsibilities:
- Receive referrals from realtors, builders, branches and/or developers who have pre-established relationships with M&T. Follow up on potential customers via telephone, fax, and email.
- Sell inbound customers to use M&T Mortgage for mortgage financing. Answering initial questions and providing explanation of M&T products. Pre-qualifying customers.
- Originates mortgages and coordinates settlements.
- Begins mortgage application process in person or over the phone and sends packages to customer for completion. Enters completed applications into the system.
- Obtains and analyzes pertinent financial and credit data necessary for determining if loan is an acceptable risk.
- Collects closing conditions, orders appraisals, coordinates draw schedules, and schedules closings.
- Negotiates terms and conditions of loan with mortgagor.
- Provides timely and complete feedback to sources regarding the disposition of their leads.
- Keeps informed of changing rules and regulations.
Scope of Responsibilities:
Works under general supervision.
External contacts may include customers, builders, manufacturers, and realtors.
Responsibility to establish and maintain federal registration requirements outlined in the SAFE Act.
Education and Experience Required:
Associate’s degree and a minimum of 2 years mortgage origination and/or customer service experience, or in lieu of a degree a combined minimum of 4 years higher education and/or work experience including a minimum of 2 years mortgage originator and/or customer service experience.
Education and Experience Preferred:
General PC knowledge and departmental software
Organizational skills
Sales ability
Mathematical skills
Ability to interact with all levels in a professional manner
Customer Service Skills
Knowledge of products and government regulations
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
Lake Oswego, Oregon, United States of AmericaSkills & Tags
Aplyr's read
M&T Bank is a regional financial institution with a strong community focus, attracting professionals in commercial banking and financial services.
What's promising
- •M&T Bank has a strong regional presence in the Northeastern U.S.
- •The bank offers diverse career opportunities in commercial and retail banking.
- •M&T Bank is known for its community-oriented approach and local involvement.
What to watch
- •M&T Bank faces competition from larger national banks.
- •Limited public information about its technological innovation initiatives.
- •The bank's regional focus may limit geographic career mobility.
Why M&T Bank
- •M&T Bank emphasizes a community-focused banking model.
- •The company offers specialized roles in commercial credit and equipment financing.
- •M&T Bank provides hybrid work opportunities for certain roles, enhancing work-life balance.
Aplyr’s read is generated by AI from public sources. Was it useful?
About M&T Bank
M&T Bank is a regional bank holding company that provides a wide range of financial services, including commercial and retail banking, investment services, and mortgage banking.
