Real Estate Lender

Deerwood Bank; Mendota Heights (MN); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

Medical insurance

Health Savings Account

Flexible Spending Account

Vision insurance

Life insurance

Short-term disability

Long-term disability

PTO

401(k) with company match

Financial wellness education

Discounts on banking products

Job summary

Deerwood Bank in Mendota Heights, MN is seeking a Real Estate Lender to grow our mortgage portfolio and guide clients through the lending process. You will originate and structure residential loans, HELOCs, and construction loans, building lasting relationships with customers and referral partners.

The role emphasizes collaboration with mortgage teams, accurate credit evaluations, and timely closings. Competitive base pay with commission, full-time hours, and comprehensive benefits are offered.

Qualifications

• Residential real estate lending experience is required.
• Strong relationship-building and customer service skills.
• Excellent communication and attention to detail.

Responsibilities

• Develop mortgage business through relationships and partnerships.
• Originate residential real estate, HELOC, and construction loans.
• Evaluate borrower needs and present sound credit recommendations.
• Guide customers from application through closing with documentation coordination.
• Ensure timely closings and maintain an advisory relationship.
• Manage loan portfolio and monitor payments and risk.

Skills

Relationship-building

Business development

Customer service

Education

High school diploma or equivalent

Job description

Salary Range: $40,000.00 To $60,000.00 Annually

Deerwood Bank is seeking a relationship-driven Real Estate Lender to grow our mortgage business and guide customers confidently through every stage of the lending process. In this highly visible role, you will originate and structure residential real estate, home equity, and construction loans; partner with customers and referral sources; and deliver the responsive, personal service that sets a community bank apart. If you enjoy developing business, solving problems, and helping people achieve meaningful financial goals, this is an opportunity to make a lasting impact.

What You’ll Do

• Develop new mortgage business through strong customer relationships, community involvement, and partnerships with real estate professionals and other referral sources.
• Originate residential real estate, home equity line of credit, and construction loans for both portfolio and secondary-market lending.
• Evaluate borrower needs, negotiate terms, structure financing, and present sound credit recommendations in accordance with bank policies and investor guidelines.
• Guide customers from application through closing by gathering documentation, explaining the process, coordinating with processing and underwriting, and ensuring conditions are satisfied on time.
• Deliver smooth, well-coordinated closings and remain an accessible, trusted resource throughout the customer relationship.
• Manage an assigned loan portfolio, maintain ongoing customer contact, monitor construction loans, and address payment concerns in accordance with applicable policies and regulations.
• Support profitable growth through appropriate pricing, fee income, product knowledge, and referrals to other banking solutions.
• Collaborate with mortgage team members and colleagues across the bank to achieve department and company goals.

What You Bring

• High school diploma or equivalent.
• Strong relationship-building, business development, and customer service skills.
• Clear and professional verbal and written communication skills.
• Sound judgment, attention to detail, and the ability to organize multiple priorities.
• The ability to work independently while contributing to a collaborative team.
• Mortgage or real estate lending experience is required.

Starting base pay range:$40,000-$60,000 annually, plus monthly commission based on closed loan volume.

Standard work hours: Monday - Friday 8:00am - 5:00pm, with additional hours for customer or business needs.

Benefits are available to employees working 30 or more hours per week on the first of the month following date of hire.

• Medical insurance, including virtual telemedicine and mental health counseling
• Health Savings Account
• Flexible Spending Account (health, limited purpose health, and dependent care)
• Vision insurance
• Life insurance (basic and voluntary)
• Short-term disability insurance
• Long-term disability insurance
• Adoption Assistance Program
• Employee Assistance Program
• PTO
• Paid holidays
• 401(k) with company match (eligible on the first of the month following 2 months of employment)
• Financial wellness education
• Free or reduced fees for banking products and services