Commission-Based Mortgage Loan Officer

Regions Bank; Springfield (VA); On-site; USD 20,000 - 100,000; Full time

Job summary

Regions Bank is hiring a Mortgage Loan Officer in Alton, Illinois. The role focuses on originating residential mortgage loans, evaluating qualifications, and maintaining customer relationships. It is commission-based with earnings potential linked to performance.

Requires NMLS registration, a high school diploma or GED, and mortgage lending experience. Bachelor's degree and prior loan officer work are preferred. Regions offers a benefits package and opportunities for career growth.

Qualifications

• High School diploma or GED required; Bachelor’s degree preferred.
• One year mortgage lending experience with proven production.
• Strong external business development through referrals in the market.

Responsibilities

• Completes mortgage applications for submission to processing and underwriting.
• Evaluates loan requests, analyzes financial data and credit history.
• Maintains contact with loan customers and provides progress updates.
• Structures loans to comply with lending practices and regulations.
• Develops detailed marketing plans and uses referrals to generate business.
• Cross-sells bank products and services; supports client relations.

Skills

Mortgage products

Sales acumen

Communication skills

Time management

Organization

Relationship building

Multi-tasking

Industry regulations

Education

High School Diploma or GED

Bachelor's degree

Tools

Microsoft Office

Job description

Regions Bank is hiring a Mortgage Loan Officer in Alton, Illinois. The role focuses on originating residential mortgage loans, evaluating qualifications, and maintaining customer relationships. It is commission-based with earnings potential linked to performance.

Requires NMLS registration, a high school diploma or GED, and mortgage lending experience. Bachelor's degree and prior loan officer work are preferred. Regions offers a benefits package and opportunities for career growth.