Mortgage Loan Originator
Company: Midland States Bank
Location: Joliet
Posted on: September 23, 2024
Job Description:
Mortgage Loan Originator - Plainfield, ILSalary Range: $48,500
annually + commissionsAt Midland States Bank, base salary is one
component of our Total Rewards program. Exact compensation is
determined by factors such as (but not limited to) education,
skills, internal equity, and experience. This position offers
additional compensation in the form of short-term incentives (i.e.
bonus and/or commission) and may include long-term incentives (i.e.
stock awards). Benefits for this role include comprehensive
healthcare, well-being benefits, paid family leave as well as
generous paid time off. Total Rewards also include banking perks,
an Employee Stock Purchase Plan, 401K plan with company match and
may include the opportunity to participate in our Non-Qualified
Deferred Compensation plan. Incentives and benefits are subject to
eligibility requirements.
Position SummaryDevelops relationships and solicits business from
referral partners such as realtors, builders, bank colleagues,
attorneys, and CPAs. Primary responsibilities include the
collecting and analyzing of prospect's income, assets and
liabilities in in order to advise them on the most appropriate
mortgage products as well as other products and services to meet
their financial needs. This position is an individual
contributor.Primary Accountabilities
- Responsible for the sales and origination of family residential
loans within predetermined guidelines and rates set forth by the
Bank and its investors.
- Responds to customer's residential mortgage needs by analyzing
their financial profile and identifying the appropriate mortgage
program for them.
- Follows-up with applicants and secures the necessary
information to process and underwrite the loan; conducting site
visits if needed.
- Provides assistance to help potential borrowers successfully
qualify for financing.
- Consistently achieves volume and/or unit production
targets.
- Works cooperatively and constructively with a wide variety of
people, cross-functional teams, community- based organizations,
title companies and referral partners.
- Actively cross-sells bank products where applicable.
- Projects a positive attitude and act with integrity at all
times.
- Deliver "best-in-class" customer service.
- Provides support at bank sponsored events.
- Must adhere to pertinent state and federal laws and
regulations, Company's Compliance Policy and external compliance
requirements.
- The role requires occasional travel for training and team
meetings, and willingness to travel periodically, to locations
within market as needed.
- May require work in a Midland office to ensure collaboration
and support of internal and external customers.
- Maintain compliance with all applicable regulations including,
but not limited to, the Bank Secrecy Act (BSA).
- Other duties as assigned.
Position Qualifications Education/Experience:
- Bachelor's degree in business, finance, real estate, or related
field preferred.
- Ability to obtain NMLS State License or Federal NMLS
Registration.
- 1+ years' experience in real estate and/or mortgage.
- Strong entrepreneurial and business development/sales
experience/skills.
- Knowledge of FHA, FNMA and FHLMS underwriting guidelines.
- Knowledge of mortgage compliance regulations.
- Business acumen and judgment- bank mortgage products, policies,
and procedures.
- Needs analysis skills - analyzing information regarding
customer income/debts, etc.
- Interpersonal/Persuasive/Influencing and negotiation skills.
Competencies:
- Business insight
- Cultivates innovation
- Drives results
- Makes sound decisions
- Being a brand champion
- Collaborates
- Communicates effectively
- Customer focus
- Being Authentic
- Emotional Intelligence
- Self development
- Being flexible and adaptable At Midland States Bank, we believe
that when we can bring our whole selves to work each day, we become
happier, more comfortable, more confident and more excited to do
great things for our customers, each other and our company. We're
proud to be an Equal Opportunity and Affirmative Action employer.
At Midland, we recruit, employ, train, compensate and promote
without regard to race, color, religion, gender, gender identity or
expression, sexual orientation, national origin, genetics,
disability, age, or veteran status. If you are looking for a place
to grow, we encourage you to apply at Midland States Bank, because
you belong here.
If you require reasonable accommodation in completing this
application, interviewing, completing any pre-employment testing,
or otherwise participating in the employee selection process,
please direct your inquiries to Midland States Bank Human Resources
at HR@midlandsb.com. THIS JOB DESCRIPTION DOES NOT CONSTITUTE A
CONTRACT FOR EMPLOYMENT
Compensation details: 48500-48500 Yearly Salary
PId374e95cc236-37248-34713096
Keywords: Midland States Bank, Joliet , Mortgage Loan Originator, Accounting, Auditing , Joliet, Illinois
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