Mortgage Banking Officer

Mortgage Banker

Open to hiring for this position anywhere within our Twin Cities branch 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.

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.

Qualifications

Compensation

The starting base pay range for this position is $30,000.00-$40,000.00 commensurate with minimum wage full-time in the state of Minnesota. Plus, uncapped commission earning potential resulting from loan production. Average bankers received over $80,000.00 with high performers earning over $120,000.00 plus. The compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience, and location. MidWestOne Bank offers a competitive benefits package, including but not limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurances, parental leave, and student loan reduction.

The Perks!

RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of respect and belonging that is reflected in the workplace and the communities we serve.

Let's build something great, together.