High-Earning Mortgage Loan Officer (Commission-Based)

Regions Bank; San Antonio (TX); On-site; USD 20,000 - 100,000; Full time

Benefits offered by this job

401K with Company Match

Medical, Dental and Vision Benefits

Paid Vacation/Sick Time

Parental Leave

Life Insurance

Health Savings Account

Job summary

Regions Bank is seeking a Mortgage Loan Officer to direct the origination of residential mortgage loans through our branch network. The role involves completing applications, evaluating requests, and maintaining client relationships.

Compensation is commission-based with potential total earnings reflecting performance. Requirements include a high school diploma or GED, 1 year of mortgage lending experience, and demonstrated ability to develop external business via referral partners.

Qualifications

• High School Diploma or GED required.
• One year of mortgage lending experience with proven mortgage production.
• Abundant mortgage experience developing external business via referral partners (realtors, builders, financial planners).
• Bachelor's degree preferred.
• Prior Mortgage Loan Officer experience preferred.
• Knowledge of mortgage products, systems and regulatory guidelines.

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 and communicates progress of loan and required documentation.
• Structures loan to comply with lending practices and Federal regulations.
• Cross-sells other bank products and services.

Skills

Organizational skills

Mortgage products knowledge

Regulatory knowledge

Relationship building

Multi-tasking

MS Office

Sales acumen

Written and verbal communication

Education

Bachelor's degree

High School Diploma or GED

Tools

Microsoft Office

Job description

Regions Bank is seeking a Mortgage Loan Officer to direct the origination of residential mortgage loans through our branch network. The role involves completing applications, evaluating requests, and maintaining client relationships.

Compensation is commission-based with potential total earnings reflecting performance. Requirements include a high school diploma or GED, 1 year of mortgage lending experience, and demonstrated ability to develop external business via referral partners.