High-Earning Mortgage Loan Officer (Commission)

Regions Financial Corporation; Cedar Falls (IA); 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

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Financial Corporation is seeking a Mortgage Loan Officer in Cedar Falls, IA. The role involves directing the origination of residential mortgage loans through a branch network, completing applications, and evaluating customer credit history.

Responsibilities include maintaining client contact, marketing to potential borrowers, and cross-selling bank products. A commission-based plan and potential bonus align with performance and location. Regulated licensing is required.

Qualifications

• High School Diploma or GED.
• One year of mortgage lending experience with proven mortgage production.
• Abundant mortgage experience in developing external business via referral partners in the market including but not limited to 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, conveying progress and obtaining required documentation.
• Structures loan to comply with lending practices and Federal regulations.
• Establishes detailed marketing/business plan including names of potential and existing loan customers and frequency of contact.
• Cross-sells other bank products and services and participates in networking activities.

Skills

Mortgage product knowledge

Sales acumen

Customer service

Networking

MS Office

Communication

Time management

Referral partnerships

Education

High School Diploma or GED

Bachelor's degree

Tools

MS Office

Job description

Regions Financial Corporation is seeking a Mortgage Loan Officer in Cedar Falls, IA. The role involves directing the origination of residential mortgage loans through a branch network, completing applications, and evaluating customer credit history.

Responsibilities include maintaining client contact, marketing to potential borrowers, and cross-selling bank products. A commission-based plan and potential bonus align with performance and location. Regulated licensing is required.