Mortgage Loan Officer - Tennessee (Multiple Locations)

Regions Bank

Nashville (TN)

On-site

USD 20,000 - 100,000

Full time

14 days+

Application generator

Don’t send a generic resume — generate a resume and cover letter tailored to this exact role.

Get past ATS filters

Benefits offered by this job

Paid Vacation

401K Match

Medical/Dental/Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Parental Leave

Employee Assistance Program

Volunteer Program

Job summary

Regions Bank seeks a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, evaluate requests, and maintain customer contact to track progress.

Responsibilities include structuring loans per regulations, building a detailed marketing plan, and developing external business via real estate agents, builders, and financial planners. Commission-based, with a history of $20,000–$100,000+ total annual compensation.

Qualifications

High School Diploma or GED required with mortgage lending experience.
One year of mortgage lending experience with proven production.
Experience developing external business via referral partners (realtors, builders, financial planners).
Preferred: Bachelor's degree and current mortgage origination experience.

Responsibilities

Completes mortgage applications for submission to loan processing and underwriting.
Evaluates loan requests, analyzes financial data, and assesses collateral and credit history.
Maintains contact with loan customers and tracks loan progress.
Structures loans to comply with lending practices and regulations.
Develops detailed marketing plans and maintains referral networks.
Answers calls and meet with walk-in customers to discuss loan products.

Skills

Organizational skills

Sales acumen

Communication skills

MS Office

Mortgage products knowledge

Regulatory knowledge

Multi-tasking

Education

Bachelor's degree

High School Diploma or GED

Tools

MS Office

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.

Job Description

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

Primary 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

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

This is a commission-based job. Associates in the role have historically earned total compensation averaging $20,000 - $100,000+ per year. Actual compensation will vary based on associate’s location, performance, and production.

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

Requirements

High School Diploma or GED
One (1) year of 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

Preferences

Bachelor's degree
Prior Mortgage Loan Officer experience

Skills And Competencies

Good organizational skills
Knowledgeable of Mortgage products, systems, terminology, tax requirements, down payment assistance programs, etc.
Knowledgeable on agency and investor regulations and guidelines
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
Sales acumen
Strong written and verbal communication skills
Positions may be available in other cities within Tennessee

Preferred

Mortgage Loan Officers with a 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.