Mortgage Loan Originator

Midland States Bancorp • Mokena, IL

164d • $48,500

About The Position

At 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.

Requirements

• 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.

Responsibilities

• 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.

Benefits

• Comprehensive healthcare
• Well-being benefits
• Paid family leave
• Generous paid time off
• Banking perks
• Employee Stock Purchase Plan
• 401K plan with company match
• Opportunity to participate in Non-Qualified Deferred Compensation plan

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees