High-Earning Mortgage Loan Officer (Commission-Based)

Regions Bank; Decatur (IL); 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

Parental Leave

Employee Assistance Program

Job summary

Regions Bank is hiring a Mortgage Loan Officer in Illinois to originate residential mortgage loans through a branch network. The role requires evaluating loan requests, collecting documentation, and ensuring compliance with lending practices.

The position emphasizes building relationships with realtors, builders, and financial planners, and entails cross-selling bank products while meeting production targets.

Qualifications

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

Responsibilities

• Completes mortgage applications for submission to loan processing and underwriting
• Evaluates loan requests, analyzes financial data, and determines qualification of collateral and customer credit history
• Maintains contact with loan customers, communicating progress and obtaining required documentation
• Structures loan to comply with lending practices and Federal regulations
• Establishes detailed marketing/business plan including potential and existing loan customers, realtors, builders, developers, and frequency of contact
• Answers customer calls and walk-in customers to discuss loan products and qualification information
• Makes sales calls 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
• Participates in networking through professional/business/community organizations to promote loan products

Skills

Mortgage product knowledge

Sales acumen

Communication skills

Microsoft Office

Time management

Networking

Education

High School Diploma or GED

Bachelor's degree

Tools

CRM systems

Job description

Regions Bank is hiring a Mortgage Loan Officer in Illinois to originate residential mortgage loans through a branch network. The role requires evaluating loan requests, collecting documentation, and ensuring compliance with lending practices.

The position emphasizes building relationships with realtors, builders, and financial planners, and entails cross-selling bank products while meeting production targets.