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First International Bank & Trust

Mortgage Loan Officer

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Based on Minnesota data

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What they do

A Mortgage Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or credit union. Provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May partner with real estate agents to offer financing information to potential home buyers. May sell mortgage loans on commission.

$52,552 / year median in Minnesota

-28% projected decline

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Job Description

Mortgage Loan Officer First International Bank & Trust - 4.0 Edina, MN Job Details Full-time $75,000 - $250,000 a year 14 hours ago Benefits Paid parental leave Paid holidays Disability insurance Health insurance Dental insurance Paid time off Parental leave Vision insurance 401(k) matching Qualifications Regulatory compliance Industry trends Full Job Description First International Bank and Trust is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work. In this role, you will meet with prospective borrowers, analyze their financial information, and help guide them through the loan application process. You will collaborate with underwriting teams, ensure compliance with regulations, and provide exceptional service to borrowers.
Compensation:
Commission-based, with an estimated annual earning potential of $130,000 - unlimited, based on performance.
Key Responsibilities:
Meet with borrowers to assess their financial needs and gather necessary loan application information. Provide guidance on loan options and assist with the application process. Evaluate creditworthiness and recommend suitable loan programs. Collaborate with underwriters to resolve application issues and ensure approval. Prepare and review loan documents for accuracy and compliance. Build a strong referral network to generate mortgage volume. Stay updated on industry regulations and ensure compliance. Originate mortgage loans with guidance from the Mortgage Sales Manager.
Qualifications:
Bachelor's degree from four-year college or university; four to six years related proven experience mortgage loan originator required, or equivalent combination of education and experience. In-depth knowledge of mortgage products, regulations, and market trends. First International Bank and Trust is a family-owned full-service Community Bank with locations in ND, MN, SD, and AZ. We show our employees we care by providing competitive benefits and training and growth opportunities. Here are the things we offer within our full-time benefits package: Health, Dental & Vision 401K Retirement Plan with Employer Match Paid Parental Leave Life and Disability Insurance Generous PTO and Holiday pay If you are interested in learning more, you can apply or if you have questions before applying you can reach out directly at . Equal Opportunity Employer