Regions Bank is hiring: Mortgage Loan Officer - North Carolina in Raleigh

Mortgage Loan Officer - North Carolina – Regions Bank

Location: Raleigh, North Carolina

Regions Bank is seeking a Mortgage Loan Officer to direct the origination of residential mortgage loans from a borrower through a branch network.

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 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 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.

Compensation and Schedule

This position is commission-based. Historically, total compensation has ranged from $20,000 to $100,000+ per year, varying by location, performance, and production. Time tracking is required and overtime may be applicable under the Fair Labor Standards Act.

Licensing and Registration

This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS). For more information, please refer to the NMLS registry at https://fedregistry.nationwidelicensingsystem.org.

Requirements

• High School Diploma or GED
• One (1) year of mortgage lending experience with proven mortgage production
• Experience in developing external business via referral partners in the market (e.g., realtors, builders, financial planners)

Preferences

• Bachelor's degree
• Prior Mortgage Loan Officer experience
• Recent proven production of $10M+ annually is preferred

Skills and Competencies

• Good organizational skills
• Knowledge of mortgage products, systems, terminology, tax requirements, and down payment assistance programs
• Knowledge of 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
• Proficiency in Microsoft Office
• Sales acumen; strong written and verbal communication skills
• Positions may be available in other cities within North Carolina

Position Type

Full-time

Incentive Pay Plans

This role is eligible to participate in a commission incentive plan with potential earnings 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.

Location

Glenwood, Raleigh, North Carolina

Equal Opportunity Employer

Equal Opportunity Employer/including Disabled/Veterans. Job applications are accepted electronically for a minimum of five business days from the posting date. Higher-volume postings may remain active longer due to business need.