Mortgage Loan Officer - Missouri

At Regions, the Mortgage Loan Officer directs origination of residential mortgage loans from a borrower through a branch network.

This position requires timely tracking of hours and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act. It is a commission-based role, historically earning total compensation ranging from $20,000 to $100,000+ per year, varying by location, performance, and production.

• Completes mortgage applications for submission to the loan processing and underwriting departments
• Evaluates loan requests, analyzes financial data, and determines qualification of collateral and customer credit history
• Maintains contact with loan customers, communicating progress of the loan and obtaining required documentation
• Structures loans to comply with acceptable lending practices and federal regulations
• Establishes a detailed marketing/business plan including names of potential and existing loan customers, realtors, builders, and developers, and frequency of contact
• Answers customer calls and walk‑in customers to discuss loan products and qualification information
• Initiates sales calls on potential or existing customers as outlined in Regions’ marketing plan to develop new or retain existing business
• Cross‑sells other bank products and services
• Reads surveys and appraisals, and takes necessary steps to correct encroachments and violations
• Participates in networking through professional, business, and community organizations to promote and market loan products

• High School Diploma or GED
• One (1) year of mortgage lending experience with proven mortgage production
• Abundant experience in developing external business via referral partners, including realtors, builders, and financial planners

• Bachelor's degree
• Prior Mortgage Loan Officer experience

• Good organizational skills
• Knowledge of Mortgage products, systems, terminology, tax requirements, and down‑payment assistance programs
• Knowledge of agency and investor regulations and guidelines
• Ability to build and maintain internal and external relationships to deliver high levels of service
• Ability to multi‑task competing priorities and meet tight deadlines
• Proficiency in Microsoft Office products
• Sales acumen
• Strong written and verbal communication skills

• Mortgage Loan Officers with a minimum of $1M per month average proven production volume
• Current mortgage origination experience

Full time

This role is eligible to participate in a commission incentive plan. Employees can earn commissions based on performance against defined metrics and goals.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Clayton, Missouri

Equal Opportunity Employer/including Disabled/Veterans