Mortgage Origination & Compliance Specialist

Minnesota Bankers Association; Saint Paul (MN); On-site; USD 70,000 - 110,000; Full time

Job summary

Highland Bank in Saint Paul, MN, seeks a Mortgage Banking Consultant to originate secondary market mortgage loans and guide clients through the lending process. The role emphasizes compliance with federal rules and the bank's standards, with a base salary plus incentive compensation based on loan origination volume.

The successful candidate will identify prospects, collect required fees, coordinate submissions, and maintain knowledge of mortgage products and regulations while building

Qualifications

• Three to five years of prior experience in mortgage lending or related field.
• Thorough understanding of FHA, VA, Fannie Mae, HELOC, and other loan types.
• Knowledge of construction loans and conventional loans.

Responsibilities

• Identify, solicit, and meet with potential and existing mortgage clients to understand lending needs and provide guidance on mortgage products.
• Assist clients with completing mortgage applications, ensuring accuracy and thoroughness, and review applications for creditworthiness and repayment capacity.
• Explain mortgage options, approval requirements, and prepare lending packages based on client specifications.
• Originate and process secondary market mortgage loans (purchase/refinance) and ensure compliance with regulations and bank standards.
• Provide ongoing customer service and cross-sell other Bank products.

Skills

Mortgage lending

Client relations

Regulatory compliance

Job description

Highland Bank in Saint Paul, MN, seeks a Mortgage Banking Consultant to originate secondary market mortgage loans and guide clients through the lending process. The role emphasizes compliance with federal rules and the bank's standards, with a base salary plus incentive compensation based on loan origination volume.

The successful candidate will identify prospects, collect required fees, coordinate submissions, and maintain knowledge of mortgage products and regulations while building