Licensed Mortgage Loan Officer—High Earnings, Strong Support

Summit Mortgage Corporation; Minneapolis (MN); On-site; USD 60,000 - 120,000; Full time

Benefits offered by this job

Health, dental, vision, life insurance

401(k) plan

Job summary

Summit Mortgage Corporation is actively seeking licensed Mortgage Loan Officers for our corporate headquarters in Plymouth, MN, and multiple state branches. The role focuses on developing loan applications by evaluating applicant information, building community relationships, and producing high-quality loans with outstanding customer service.

Compensation is primarily commission-based, reflecting production and performance.

Qualifications

• Associates degree or 2 years related work experience in lieu of a degree.
• Two years of mortgage loan origination experience preferred.
• Licensed as a SAFE Act compliant Mortgage Loan Originator.
• Ability to type at least 50 wpm with a high degree of accuracy (90% or better).
• Knowledge of mortgage products and investor guidelines; strong communication and customer service skills.

Responsibilities

• Develop lending relationships with Realtors, builders, developers, and other sources of loan referrals to generate loan volume within the market area.
• Meet with potential customers
• Engage in marketing and promotional activities to increase prospects
• Obtain required documentation from prospective borrowers
• Lock loan terms with the end investor when the prospective borrower agrees on the loan product and terms
• Maintain regular contact with the prospective borrower between application, closing, and final sale to the investor to apprise the borrower of status and gather additional information as needed
• Comply with mortgage procedures by maintaining accurate mortgage records and following Summit Mortgage, regulatory, and investor guidelines
• Stay abreast of trends and developments in the local real estate market and the regulatory environment
• Maintain a professional image and standards consistent with Summit Mortgage policies and procedures

Skills

Mortgage loan origination experience

Typing speed 50 wpm

Verbal and written communication

Customer service orientation

Time management and prioritization

Education

Associates degree or 2 years related work experience in lieu of a degree

Job description

Summit Mortgage Corporation is actively seeking licensed Mortgage Loan Officers for our corporate headquarters in Plymouth, MN, and multiple state branches. The role focuses on developing loan applications by evaluating applicant information, building community relationships, and producing high-quality loans with outstanding customer service.

Compensation is primarily commission-based, reflecting production and performance.