Dynamic Mortgage Loan Officer | Commission-Based Growth

Regions Bank; Missouri; On-site; USD 60,000 - 120,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Bank in Clayton, Missouri, is seeking a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, analyze financial data, and maintain customer relationships while promoting Regions’ loan products.

The role emphasizes building external business via referral partners and meeting lending regulations. It involves a commission-based structure with potential uncapped earnings, and requires NMLS registration and a high school

Qualifications

• High School Diploma or GED or equivalent required.
• One year of mortgage lending experience with proven mortgage production.
• Abundant mortgage experience in developing external business via referral partners such as realtors, builders, and financial planners.

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 and frequency of contact.
• Answers customer calls and walk-in discussions about loan products and qualification information.
• Makes sales calls on potential or existing customers to develop or retain business.
• Cross-sells other bank products and services.
• Reads surveys and appraisals, and takes necessary steps to correct encroachments and violations.
• May participate in networking through professional and community organizations to promote loan products.

Skills

Organizational skills

Mortgage products knowledge

Regulations knowledge (agency/investor

Relationship building

multitasking

Microsoft Office

Sales acumen

Written & verbal communication

Education

High School Diploma or GED

Bachelor's degree

Job description

Regions Bank in Clayton, Missouri, is seeking a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, analyze financial data, and maintain customer relationships while promoting Regions’ loan products.

The role emphasizes building external business via referral partners and meeting lending regulations. It involves a commission-based structure with potential uncapped earnings, and requires NMLS registration and a high school