Mortgage Loam Officer - Mississippi

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 :

Preferences :

Skills and Competencies :

Positions may be available in other cities within Mississippi. 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 :

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 click the link below.

https : / / www.regions.com / welcometour / benefits.rf

Location Details

Location :

Hattiesburg, Mississippi

Equal Opportunity Employer / including Disabled / Veterans