Commission-Based Mortgage Loan Officer

Regions Bank; Alabama; On-site; USD 20,000 - 100,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Life Insurance

Parental Leave

Employee Assistance Program

Job summary

Regions in Indianapolis, Indiana seeks a Mortgage Loan Officer to originate residential loans through a branch network. You will complete applications, evaluate requests, gather documentation, and coordinate with processing and underwriting to move files forward.

This role offers commission-based earnings with potential to earn between $20,000 and $100,000+ per year depending on location, performance, and production.

Qualifications

• High School Diploma or GED required.
• One year mortgage lending experience with proven mortgage production.
• Abundant mortgage experience in developing external business via referral partners (realtors, builders, financial planners).
• Bachelor’s degree preferred.

Responsibilities

• Completes mortgage applications for submission to the loan processing and underwriting departments.
• Evaluates loan requests, analyzes financial data, and determines qualification of collateral and customer credit history.
• Maintains contact with loan customers, communicating progress of loan and obtaining required documentation.
• Structures loan to comply with acceptable lending practices and Federal regulations.
• Establishes detailed marketing/business plan including names of potential and existing loan customers, realtors, builders, developers, etc. and frequency of contact.
• Answers customer calls and walk-in customers to discuss various loan products and qualification information.
• Makes sales calls on potential or existing customers as established in Regions marketing plan to develop new business or retain existing business.
• Cross-sells other bank products and services.
• Reads surveys and appraisals, and takes necessary steps to correct encroachments and violations.

Skills

Good organizational skills

Mortgage products knowledge

Agency/ investor regulations knowledge

Relationship building

Multi-tasking / meeting deadlines

Microsoft Office proficiency

Sales acumen

Strong communication skills

Education

High School Diploma or GED

Bachelor’s degree

Tools

Microsoft Office

Job description

Regions in Indianapolis, Indiana seeks a Mortgage Loan Officer to originate residential loans through a branch network. You will complete applications, evaluate requests, gather documentation, and coordinate with processing and underwriting to move files forward.

This role offers commission-based earnings with potential to earn between $20,000 and $100,000+ per year depending on location, performance, and production.