Mortgage Banker

Frandsen Bank & Trust is a growing community-oriented company looking for a full-time Mortgage Banker to work at our Jordan office. This position will be responsible for origination of secondary market loans, in-house portfolio market loans, and applications including purchase, refinance, and construction loans. This includes prospecting for, underwriting, and closing secured and unsecured Real Estate loans in accordance with established regulations and lending objectives, policies and procedures.

200 Creek Lane North, Jordan, MN 55352

Frandsen Bank & Trust is a growing community-oriented company looking for a full-time Mortgage Banker to work at our Jordan office. This position will be responsible for origination of secondary market loans, in-house portfolio market loans, and applications including purchase, refinance, and construction loans. This includes prospecting for, underwriting, and closing secured and unsecured Real Estate loans in accordance with established regulations and lending objectives, policies and procedures.

• Actively develops new and existing customer relationships through key contacts within the local community to market the bank's services with emphasis on Real Estate lending.
• Analyzes individual loan documents to determine customers' cash flow, ability to pay the loan, profit potential of the loan, etc. in order to minimize loan loss and maximize potential profit.
• Meets and interviews applicants to determine creditworthiness, deny or grant each loan, secure required signatures, explains procedures or reasons for denial, and presents possible alternatives to those denied to maintain a favorable bank image.

Salary range for this role is $70,000 to $100,000 annually, depending on experience. In addition, this position includes the opportunity to earn variable compensation.

We offer a competitive benefits package including health insurance, dental insurance, vision insurance, 401k, profit sharing, and ancillary benefits.

• Strong language and mathematical skills and strong reasoning ability
  
  Experience with Microsoft's Windows Office Suite
• Must have strong credit analysis and underwriting skills
• Familiarity with various secondary market mortgage programs is preferred

• Bachelor's degree in business, finance, or related field or equivalent years in the banking industry
• 1-2 years experience, preferably in a financial institution or mortgage loan department

Who we are? Frandsen Bank & Trust provides deposit, loan, treasury management, investment, and trust services in more than 30 communities in Minnesota, Wisconsin, and North Dakota. With more than $3.5 billion in total assets, Frandsen Bank remains family-owned and committed to providing local, relationship-focused banking; customers name us a top-rated community bank.

Why join our team? Employees ranked us 2nd on the independent Star Tribune Top Workplace survey. This is the 8th consecutive year the bank has made the list, reflecting our commitment to creating success for our customers, communities, and staff. Whether you are looking to start or build your career, we have roles in banking, leadership, operations, technology, investment, and more.

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MBA Job number/Date Added H-8075: 11/24/25