High-Earning Mortgage Loan Officer - Commission & Benefits

Regions Bank; Waterloo (IA); 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

Job summary

Regions Bank is seeking a Mortgage Loan Officer to originate residential mortgage loans through our branch network. You will complete applications, evaluate requests, and maintain customer contact while structuring loans per regulations.

The role emphasizes building external business via referral partners and cross-selling bank products. This is a commission-based position with potential for substantial earnings based on performance.

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 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 lending practices and regulations.
• Develops detailed marketing/business plan and maintains relationships with potential and existing loan customers.

Skills

Sales acumen

Communication skills

Mortgage products knowledge

Education

Bachelor's degree

Job description

Regions Bank is seeking a Mortgage Loan Officer to originate residential mortgage loans through our branch network. You will complete applications, evaluate requests, and maintain customer contact while structuring loans per regulations.

The role emphasizes building external business via referral partners and cross-selling bank products. This is a commission-based position with potential for substantial earnings based on performance.