Commission-Based Mortgage Loan Officer: Grow Your Network

Regions Bank; Germantown (TN); On-site; USD 40,000 - 100,000; Full time

Benefits offered by this job

401K match

Health benefits

Paid vacation

Parental leave

Employee assistance program

Job summary

Regions Bank in Nashville, Tennessee, seeks a Mortgage Loan Officer to originate residential mortgages through our branch network. You will complete applications, evaluate requests, maintain customer contact, and structure loans to comply with lending rules.

The role requires NMLS registration and a proven ability to develop external business via referrals, with compensation tied to performance and a commission plan.

Qualifications

• High School Diploma or GED required.
• 1 year mortgage lending experience with proven production.
• Abundant mortgage experience in developing external business via referral partners.

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 customer, 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 and frequency of contact.
• Answers customer calls and walk-in customers to discuss loan products and qualification information.
• Makes sales calls on potential or existing customers to develop new business or retain existing business.
• Cross-sells other bank products and services.
• Reads surveys and appraisals, and takes steps to correct encroachments and violations.
• Participates in networking to promote and market loan products.

Skills

Sales acumen

Communication skills

Microsoft Office

Multi-tasking

Relationship building

Time management

Education

Bachelor's degree

High School Diploma or GED

Tools

Microsoft Office

Job description

Regions Bank in Nashville, Tennessee, seeks a Mortgage Loan Officer to originate residential mortgages through our branch network. You will complete applications, evaluate requests, maintain customer contact, and structure loans to comply with lending rules.

The role requires NMLS registration and a proven ability to develop external business via referrals, with compensation tied to performance and a commission plan.