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PrimeSource Funding

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

Explore Career

Job Description

Mortgage Loan Officer PrimeSource Funding Rochester, MN Job Details Full-time $53,426.19 - $64,341.21 a year 1 day ago Qualifications Professional networking Customer communication Customer relationship building Individual consumer customer service Full Job Description Job Summary PrimeSource Funding is looking for an ambitious, relationship-driven Mortgage Loan Officer who is passionate about helping clients achieve homeownership while building a thriving referral-based business. As a Mortgage Loan Officer, you'll educate borrowers on financing options, guide them through the mortgage process from application to closing, and develop lasting relationships with real estate professionals, builders, financial advisors, and past clients. You'll have the support of an experienced operations team, cutting-edge technology, and a company culture focused on exceptional customer service. This is a full-time position for someone who is motivated, self-driven, and excited to grow both personally and professionally in a fast-paced environment.
Job Responsibilities Business Development & Sales :
Develop and maintain relationships with Realtors, builders, financial advisors, attorneys, and other referral partners. Generate new business through networking, community involvement, marketing, and prospecting. Maintain an active database of past clients and referral partners to generate repeat and referral business.
Client Consultation :
Meet with prospective borrowers to evaluate financial goals and recommend mortgage solutions. Educate clients on loan programs, rates, closing costs, and the financing process. Deliver an exceptional customer experience from application to closing.
Loan Origination:
Collect borrower documentation. Structure loan scenarios that meet lending guidelines. Submit complete and compliant loan applications.
Pipeline Management:
Manage an active pipeline while communicating proactively with borrowers, Realtors, processors, title companies, and underwriters to ensure timely closings.
Marketing & Brand Growth:
Represent PrimeSource professionally through networking, community events, open houses, educational seminars, and social media.
Compliance & Professional Standards:
Maintain knowledge of mortgage products, underwriting guidelines, regulations, and ensure every file meets company and investor standards. Qualifications Skills & Competencies
  • Ability to obtain NMLS licensing before employment begins.
  • High attention to detail and strong organizational skills.
  • Excellent verbal and written communication.
  • Strong time management and the ability to prioritize competing deadlines effectively.
  • Self-motivated.
  • Strong problem-solving skills.
  • Ability to work efficiently while managing multiple priorities.
  • Commitment to providing exceptional customer service. What we are looking for
  • Builds trust quickly and values long-term relationships.
  • Is competitive and motivated to succeed.
  • Takes initiative and is accountable for their results.
  • Enjoys networking and building meaningful connections.
  • Communicates professionally and proactively.
  • Is coachable and committed to continuous growth.
Pay:
$53,426.19 - $64,341.21 per year
Work Location:
In person