Mortgage Banker

Detroit HQ•Royal Oak, MI

About The Position

First Merchants Bank is seeking a Mortgage Banker to handle prospective customer and existing client mortgage needs. The role includes conducting initial consultations, gathering and reviewing financial information, and entering files into the Mortgage Loan Origination System. The Mortgage Banker discusses clients’ needs, recommends suitable loan products, helps customers assemble complete loan packages, and works with the underwriting team throughout the loan process. The position uses professional judgment to assess potential borrowers as risk opportunities. The Mortgage Banker develops mortgage loan business through referral sources, builds and maintains community business relationships, and provides customer service from approval through closing. The role works closely with loan origination sources to secure and verify information required for underwriting, and markets and prospects for new referral sources, including Realtors, builders, and centers of influence. The position develops new and expands existing internal and external referral sources to grow business.

Requirements

High school diploma or equivalent (GED).
A minimum of two years of experience self-sourcing leads in a financial services environment.
Ability to transport oneself to various locations within the assigned region.

Responsibilities

Handle prospective customers’ and existing clients’ mortgage needs.
Conduct initial consultations and gather and review financial information.
Input files into the Mortgage Loan Origination System.
Discuss client needs and recommend suitable loan products.
Help customers assemble complete loan packages.
Work with the underwriting team throughout the loan process.
Use professional judgment to determine which potential borrowers represent good risk opportunities for the organization.
Use referral sources to develop mortgage loan business.
Build and maintain business relationships within the community.
Provide customer service from approval through closing.
Work closely with loan origination sources to secure and verify information required for underwriting.
Market to and prospect for new referral sources, including Realtors, builders, and centers of influence.
Develop new and expand internal and external referral sources to grow business.