Mortgage Loan Officer - Missouri (St Louis, Clayton)

Regions Bank; St. Louis (MO); On-site; USD 50,000 - 70,000; Full time

Job summary

A leading bank seeks a Mortgage Loan Officer to manage residential mortgage loans. The role involves completing applications, evaluating loan requests, and maintaining customer relationships. Ideal candidates will have mortgage lending experience and strong communication skills. Full-time position with a comprehensive benefits package.

Benefits

Paid Vacation / Sick Time

401K with Company Match

Medical, Dental, and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Employee Assistance Program

Qualifications

• One year of mortgage lending experience with proven mortgage production.
• Extensive mortgage experience in developing external business via referral partners.

Responsibilities

• Completes mortgage applications and evaluates loan requests.
• Maintains contact with loan customers and structures loans.
• Participates in networking to promote loan products.

Skills

Organizational Skills

Knowledge of Mortgage Products

Communication Skills

Education

High School Diploma or GED

Tools

Microsoft Office

Job description

At Regions, the Mortgage Loan Officer directs the origination of residential mortgage loans from a borrower through a branch network.

Primary Responsibilities

1. Completes mortgage applications for submission to the loan processing and underwriting departments.
2. Evaluates loan requests, analyzes financial data, and determines the qualification of collateral and customer credit history.
3. Maintains contact with loan customers, communicates loan progress, and obtains required documentation.
4. Structures loans to comply with acceptable lending practices and Federal regulations.
5. Establishes detailed marketing/business plans, including contacts with potential and existing loan customers, realtors, builders, developers, etc., and the frequency of contact.
6. Answers customer calls and walk-in customers to discuss various loan products and qualification information.
7. Makes sales calls on potential or existing customers to develop new business or retain existing business, as per Regions' marketing plan.
8. Cross-sells other bank products and services.
9. Reads surveys and appraisals, and takes necessary steps to address encroachments and violations.
10. Participates in networking through professional, business, and community organizations to promote and market loan products.

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

• Compensation is commission-based.

This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS). Please refer to the NMLS for more information.

Requirements

• High School Diploma or GED
• One (1) year of mortgage lending experience with proven mortgage production
• Extensive mortgage experience in developing external business via referral partners, including realtors, builders, and financial planners

Preferences

• Prior Mortgage Loan Officer experience

Skills and Competencies

• Good organizational skills
• Knowledge of mortgage products, systems, terminology, tax requirements, down payment assistance programs, etc.
• Knowledge of agency and investor regulations and guidelines
• Ability to build and maintain internal and external relationships to deliver high levels of service
• Ability to multi-task, prioritize, and meet tight deadlines
• Proficiency in Microsoft Office products
• Strong written and verbal communication skills

Positions may be available in other cities within Missouri.

Position Type

Full-time

This job is not incentive eligible.

Benefits

Regions offers a comprehensive and flexible benefits package, including:

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

Location: Midtown St Louis, Missouri

Equal Opportunity Employer / including Disabled / Veterans

Applications are accepted electronically through our career site for a minimum of five business days from the posting date. Higher-volume positions may remain active longer due to business needs.

Create a job alert for this search

Mortgage Loan Officer • St Louis, MO, Midtown St Louis Branch