Mortgage Loan Officer - Commission & Growth Potential

Regions Bank; Ruston (LA); On-site; USD 20,000 - 100,000; Full time

Benefits offered by this job

Commission incentive plan

Job summary

Regions Bank in New Orleans seeks a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, evaluate requests, and coordinate with processing and underwriting to move loans forward.

This commission-based role offers earning potential that varies by location and performance. NMLS registration is required; a high school diploma or GED is required, with preferred experience and a bachelor’s degree.

Qualifications

• High School Diploma or GED
• One year mortgage lending experience with proven mortgage production
• Abundant mortgage experience in developing external business via referral partners in the market including but not limited to realtors, builders, and financial planners

Responsibilities

• Completes mortgage applications for submission to the loan processing and underwriting departments
• Evaluates loan requests, analyze financial data, and determines qualification of collateral and customer credit history
• Maintains contact with loan customer, communicating progress of loan and obtaining any required documentation
• Structures loan to comply with acceptable lending practices and Federal regulations
• Establishes detailed marketing/business plan including names of potential and existing loan customers, realtors, builders, developers, etc and frequency of contact
• Answers customer calls and walk- in customers to discuss various loan products and qualification information
• Makes sales calls on potential or existing customers as established in Regions marketing plan 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
• May participate in networking through professional, business and community organizations and activities to promote and market loan products

Skills

Good organizational skills

Mortgage products knowledge

Regulations and guidelines knowledge

Relationship building

Multi-tasking and deadline management

Microsoft Office

Sales acumen

Written and verbal communication

Education

High School Diploma or GED

Bachelor's degree (preferred)

Job description

Regions Bank in New Orleans seeks a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, evaluate requests, and coordinate with processing and underwriting to move loans forward.

This commission-based role offers earning potential that varies by location and performance. NMLS registration is required; a high school diploma or GED is required, with preferred experience and a bachelor’s degree.