Mortgage Loan Officer - North Carolina Job at Regions Bank in Charlotte

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Thank you for your interest in a career at Regions. Regions believes associates deserve more than just a job and offers performance-driven individuals a place to build a career with opportunities for growth. This position directs origination of residential mortgage loans from a borrower through a branch network.

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, communicates progress of loan and obtains 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 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.

Qualifications

• High School Diploma or GED
• One (1) year of mortgage lending experience with proven mortgage production
• Extensive mortgage experience in developing external business via referral partners in the market including 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
• Ability to build and maintain internal and external relationships to deliver high levels of service
• Ability to multi-task 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 North Carolina. Strong preference for MLOs with recent proven production of 10M or greater annually.

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

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 Regions’ benefits page.

Location Details

Location: Raleigh, North Carolina (Glenwood)

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Seniority level: Not Applicable

Employment type: Full-time

Job function: Finance and Sales; Industries: Banking

Referral program notes: Referrals increase your chances of interviewing at Regions Bank.

Location: Charlotte, NC (example postings shown); Other related postings include Centralized Lending Specialist (Mortgage Loan Officer) - Charlotte, NC and Community Mortgage Loan Officer - Charlotte, NC.