Senior Mortgage Advisor - Commission + Benefits

Regions Bank; Lincoln (IL); On-site; USD 40,000 - 120,000; 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

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Volunteer Program

Job summary

Regions Bank in Illinois is seeking a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, evaluate requests, and maintain client communications while promoting loan products and cross-selling bank services.

The role involves building a local referral network with realtors, builders, and financial planners, and requires NMLS registration and knowledge of regulations governing lending practices.

Qualifications

• 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 (realtors, builders, financial planners)

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 customers, communicating progress of loan and obtaining documentation
• Structures loan to comply with acceptable lending practices and federal regulations
• Establishes detailed marketing 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 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
• Participates in networking with professional, business and community organizations to promote loan products

Skills

Organizational skills

Mortgage products knowledge

Regulations knowledge

Relationship building

Multi-tasking

MS Office

Sales skills

Communication skills

Education

Bachelor's degree

High School Diploma or GED

Tools

MS Office

Job description

Regions Bank in Illinois is seeking a Mortgage Loan Officer to originate residential mortgage loans through a branch network. You will complete applications, evaluate requests, and maintain client communications while promoting loan products and cross-selling bank services.

The role involves building a local referral network with realtors, builders, and financial planners, and requires NMLS registration and knowledge of regulations governing lending practices.