Mortgage Loan Officer - Home Loan Direct - Remote

Regions Bank; Birmingham (AL); On-site; USD 31,000 - 70,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Parental Leave

Employee Assistance Program

Job summary

Regions Bank in Birmingham, AL is seeking a Home Loan Direct - Mortgage Loan Officer to originate residential mortgage loans through borrower calls and partner referrals. You will complete applications, evaluate requests, maintain contact with customers, and ensure compliance with lending rules.

This full-time role offers a base pay of $15/hour plus commissions, with earnings potential from $31,200 to $70,000+.

Qualifications

• High school diploma or GED required.
• Bachelor's degree preferred.
• Desire for a Mortgage Banking career and prior sales/customer service experience are assets.

Responsibilities

• Completes mortgage applications for submission to loan processing and underwriting.
• Evaluates loan requests and analyzes financial data for qualification.
• Maintains contact with loan customers and communicates progress.
• Structures loan to comply with lending practices and regulations.
• Prospects via outbound calls and email to marketing leads; responds to inquiries.

Skills

Consultative sales

Customer service

Multitasking

Communication skills

Microsoft Office

Education

High School Diploma or GED

Bachelor's degree

Tools

Mortgage origination software

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description

At Regions, the Home Loan Direct - Mortgage Loan Officer directs origination of residential mortgage loans from a borrower through customer calls and business partner referrals.

Primary 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 customer, communicating progress of loan and obtaining any required documentation
• Structures loan to comply with acceptable lending practices and Federal regulations
• Proactive outreach through outbound calling and email to marketing prospects in addition to the ability to quickly respond to customer inquiries whether online or by phone
• Answers customer calls and business partner referrals 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

This position requires the tracking of time and is eligible for overtime under for hours worked in excess of 40 per week under the Fair Labor Standards Act.

The compensation for this position includes a base pay of $15/hour plus commissions, with an anticipated earnings potential of $31,200 - $70,000+.

This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS). Please refer to https://fedregistry.nationwidelicensesystem.org for more information.

Requirements

• High School Diploma or GED

Preferences

• Bachelor's degree
• Previous Sales Experience
• Previous Customer Service Experience
• Desire for a Mortgage Banking Career

Skills and Competencies

• Ability to learn and consult on various mortgage products
• Ability to learn mortgage systems and technology
• Demonstrate Consultative Sales ability
• Good organizational skills
• Must be able to build and maintain internal and external relationships to deliver high levels of service
• Must be able to multi-task competing priorities and meet tight deadlines
• Proficient in Microsoft Office products
• Strong desire to consistently provide world class Customer Service
• Strong written and verbal communication skills

Preferred

• Candidate must sit within Regions 15 state footprint
• Mortgage Loan Officers with a current minimum of 1M per month average proven production volume
• Current mortgage origination experience

Position Type

Full time

Incentive Pay Plans

This role is eligible to participate in a commission incentive plan. Employees have the potential to earn commission based on performance against defined metrics and goals.

Position Type

Full time

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Regions Center

Location:

Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.