Mortgage Banker
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Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration innovation adaptability and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.
CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus
ABOUT THE ROLE:The Mortgage Banker is responsible for originating mortgage loans by evaluating client financial profiles recommending suitable loan products and guiding clients through the loan application and approval process. This role requires strong sales skills financial knowledge and a commitment to providing outstanding customer service.
WHAT YOULL BE DOING:
- Prospect develop and maintain relationships with clients real estate professionals builders and other internal referral partners sources to generate mortgage loan business.
- Conduct client consultations to assess financial needs explain loan options and recommend appropriate mortgage products.
- Collect and analyze client financial information including credit reports income assets and debts to determine loan eligibility.
- Originate and process mortgage loan applications ensuring accuracy and compliance with company policies federal/state regulations and industry standards.
- Collaborate with underwriters processors and closing teams to facilitate a smooth and timely loan approval and closing process.
- Stay informed on market trends mortgage products interest rates and regulatory changes to provide clients with up-to-date advice.
- Meet or exceed monthly quarterly and annual loan origination goals.
- Manage time workflow and performance based on the market demand for mortgage products.
- Serve as the primary contact for newer mortgage clients in our community markets attending external events to build networks generate contacts and secure sales referrals.
- Occasional evening or weekend hours may be required to meet client needs.
- Travel may be required for client meetings or networking events.
WHAT YOU SHOULD HAVE:
- Active NMLS (Nationwide Mortgage Licensing System) license.
- Strong understanding of mortgage products loan underwriting and regulatory requirements (e.g. FHA VA conventional loans Compliance Fair Lending rules).
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Proficiency in mortgage loan origination software (e.g. Encompass Calyx) and CRM tools.
- Established network of real estate professionals or referral sources.
- Bilingual skills are a plus.
- Knowledge of local housing markets and economic trends.
WHAT WE BRING TO THE TABLE:
- Competitive compensation including base salary bonus and/or incentive opportunities.
- Comprehensive benefits package providing a wide range of health and well-being benefits including medical dental vision life and long-term disability insurance; and 401(k) and ESOP for retirement savings.
- Generous paid time off programs such as flexible time off company-paid holidays parental and bereavement leave.
- Learning and development resources for personal and professional career development and advancement opportunities.
- Access to financial experts for guidance financial wellness tools and discounts on Alerus products and services.
- Support for the communities we live in through paid volunteer time and a company donation match opportunity.
WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally the employee must occasionally lift or move supplies and materials up to 20 pounds.
The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities duties and qualifications required of employees assigned to this job.
Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status or disability status.
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About Company
Achieve financial confidence with Alerus Financial's expert guidance and innovative solutions, offering Comprehensive Financial Services for Business and Personal Success.
