Mortgage Banker

Minnwest Bank; Waseca (MN); On-site; USD 65,000 - 110,000; Full time

Benefits offered by this job

Medical Insurance

Vision Insurance

Dental Insurance

401(k) with Employer Match

ESOP

Paid Holidays

Vacation Days

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Employee Resource Group

Volunteer PTO

Job summary

Minnwest Bank in Waseca is seeking a Mortgage Banker to evaluate and advise on mortgage options, counsel clients, and process loan applications. The role emphasizes delivering guidance to customers and maintaining a high level of service in a full-time environment.

Ideal candidates will have at least 1 year of consumer mortgage lending experience, a high school diploma, and strong math and computer skills. Compliance with BSA/OFAC/USA PATRIOT Act is required.

Qualifications

• 1+ year of Consumer Mortgage Lending experience.
• Strong mathematical and computer skills.
• High school diploma or equivalent required.

Responsibilities

• Originate quality first mortgages saleable in the secondary market and/or Bank Portfolio.
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility in granting loans.
• Explain to customers the different types of mortgage products and credit options available, as well as the terms of the services.
• Review loan agreements to ensure they are complete and accurate according to policy.
• Maintain current knowledge of credit regulations.
• Provide high level of customer service and build strong banking relationships.
• Complete all required Compliance and BSA training and comply with regulations.
• Compliance with Bank Secrecy Act, OFAC and USA PATRIOT Act including CIP and due diligence.

Skills

Mortgage lending

Mathematical skills

Computer skills

Education

High school diploma

Job description

Position Summary/Purpose

Minnwest Bank is seeking an individual for a Mortgage Banker position at our Waseca location. This is a full-time mortgage lending position within Minnwest Bank. The purpose of the position is to evaluate and analyze the financial situation of current and prospective customers. Provide counseling and recommendations on appropriate mortgage product(s) that best suits the current needs of customers. The Mortgage Loan Originator/Mortgage Banker must be able to multi-task and handle high volume of clients. Ability to work both independently as well as part of a team. Have strong communication skills and a high degree of tact, efficiency, accuracy, and confidentiality to provide a positive image for the bank.

Mortgage Bankers average $65,000 - $110,000 annually, base +/or commission.

This position is the embodiment of Minnwest's four core values: (1) the customer is our FIRST priority, (2) we will keep all the commitments we make, (3) we are the people who get things done, (4) we will work together as a team.

Duties and Responsibilities

• Originate quality first mortgages saleable in the secondary market and/or Bank Portfolio.
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility in granting loans.
• Explain to the customers the different types of mortgage products and credit options that are available, as well as the terms of the services.
• Review loan agreements to ensure they are complete and accurate according to policy.
• Maintain current knowledge of credit regulations.
• Provide high level of customer service and build strong banking relationships.
• Completion of all required Compliance and BSA (Bank Secrecy Act) training and comply with all regulations applicable within the scope of this position.
• Compliance with Bank Secrecy Act, OFAC and USA PATRIOT Act including Customer Identification Program, customer due diligence, identifying high risk accounts, reporting suspicious activities to Supervisor or BSA Department.

Requirements and Qualifications

• 1+ year of Consumer Mortgage Lending experience
• High school diploma
• Strong mathematical and computer skills

Working Conditions

• Standard office environment
• Will require traveling

Minnwest Benefits

• Comprehensive Medical, Vision and Dental Insurance
• Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)
• Paid Holidays and Competitive Paid Vacation Days
• Paid Parental Leave
• Short- and Long-Term Disability
• Life, Critical Illness, and Accidental Insurance
• Tuition Reimbursement and Career Development Opportunities
• Employee Assistance Program (EAP)Paid Time Off to volunteer in your community
• Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group

All benefits are subject to eligibility requirements.

A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission of your offer of employment.

EEO: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.