Mortgage Loan Officer - Missouri - Multiple Locations
regions financialO Fallon (MO)
$20,000 - $100,000+ per year
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Posted 2 days ago
regions financialO Fallon (MO)
SENIORITY
Manager
SALARY
$20,000 - $100,000+ per year
About the role
Mortgage Loan Officer 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 GEDOne (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
- PreferencesBachelor'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 Missouri
Preferred:
Mortgage Loan Officers with a minimum of $1M per month average proven production volume Current mortgage origination experience Position TypeFull 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 TypeFull time
Benefits:
Information 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 Associate Volunteer Program Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please visit https://www.regions.com/about-regions/welcome-portal/benefits.Location Details Clayton MO LOB
Location: Clayton, Missouri
Equal Opportunity Employer/including Disabled/Veterans
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