At Regions, the Mortgage Loan Originator 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 Prepares files for underwriting, loan committee, private mortgage insurance company and investor including preparation of loan approval sheet 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
*Compensation is Commission based
This position requires the tracking of time and is eligible for overtime under the non-exempt FLSA classification for hours worked in excess of 40 per week.
Requirements High school diploma or GED Three years 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. Knowledgeable of Mortgage products, systems, terminology, tax requirements, etc. Sales acumen Knowledgeable on agency and investor regulations and guidelines Must be able to multi-task competing priorities and meet tight deadlines Must be able to build and maintain internal and external relationships to deliver high levels of service Strong written and verbal communication skills Good organizational skills Proficient in Microsoft Office products
This position requires registration with the national Mortgage Licensing System and Registry (NMLS). Please refer to ( for more information. NMLS Registration
Preferences Bachelors degree Prior Mortgage Loan Originator experience
Little Rock, Arkansas
Associated topics: banking product, banking service, loan, mortgage loan officer, mortgage officer, mortgage servicing officer, personal banker i, personal banker iv, representative, sell