Mortgage Banking Officer

Midwestone Bank • Golden Valley, MN

298d • $30,000 - $40,000

About The Position

We are open to anywhere within our Twin Cities footprint! Small enough to care. Big enough to deliver. Our Mortgage Bankers are responsible for the production and solicitation of a wide variety of residential real estate loans, working on a base plus commission compensation program. Reviews mortgage loan applications to determine if basic lending criteria are met. Ensures that customer needs are satisfied through effective customer service. Contributes to the Bank's profit projections through individual and department goals and strategies. Additionally, responsible for cross-sales and / or referrals of all bank products and services.

Requirements

• Associate degree or equivalent combination of education and related work experience.
• 5-7 years mortgage lending experience required.
• Will be required to register with the NMLS.

Responsibilities

• Interviews applicants concerning their mortgage loan needs and desires.
• Initiates the process which determines the customer's financial condition in relation to acceptable risk within Bank policy guidelines.
• Submits loans and subsequent information to be processed for review and approval by residential mortgage underwriting.
• Ensures the growth of the Mortgage Department through the selection and development of new accounts and the expansion of the portfolio.
• Acts in an advisory capacity to other Officers, employees and customers on matters pertaining to mortgage services.
• Ensures that approved loans are closed following required procedures and that the documentation is complete.
• Calls on realtors and other sources of new business to increase referrals, build strategic partners and to promote the Bank and thereby enhance overall banking relationships.
• Performs other duties as assigned.

Benefits

• Competitive base compensation with additional performance-based incentives.
• Career development and continuous learning opportunities.
• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more.
• 100% vested 401(k) Retirement Plan with company match.
• Medical, Dental, and Vision insurance.
• Flex spending plan & Health savings accounts with employer contribution.
• Student Loan Debt Reduction Program.
• Employee Stock Ownership Plan.
• Employer provided group life insurance with option to purchase additional life insurance for you and your family members.
• Employer provided long term and short term disability insurance.
• Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity.
• Wellness Program.
• Free banking services and other financial services discounts.
• Take Your Dog to Work Day in June.
• Employee Rally Day- a day of celebration and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree