Mortgage Loan Officer - Mississippi
Regions Bank, Houston, MS, United States
Job Description
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, analyzes financial data, and determines qualification of collateral and customer credit history
Maintains contact with loan customers, communicating progress of loan and obtaining 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 GED
One (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
Preferences
Bachelor'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 MS
Preferred
Mortgage Loan Officers with a recent minimum of 1M per month average proven production volume
Current mortgage origination experience
Position Type
Full 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.
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
To learn more about Regions’ benefits, visit https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Airport Gulfport, Gulfport, Mississippi
Equal Opportunity Employer/including Disabled/Veterans
Regions is an equal opportunity employer and welcomes applications from all qualified individuals.
#J-18808-Ljbffr
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, analyzes financial data, and determines qualification of collateral and customer credit history
Maintains contact with loan customers, communicating progress of loan and obtaining 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 GED
One (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
Preferences
Bachelor'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 MS
Preferred
Mortgage Loan Officers with a recent minimum of 1M per month average proven production volume
Current mortgage origination experience
Position Type
Full 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.
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
To learn more about Regions’ benefits, visit https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Airport Gulfport, Gulfport, Mississippi
Equal Opportunity Employer/including Disabled/Veterans
Regions is an equal opportunity employer and welcomes applications from all qualified individuals.
#J-18808-Ljbffr