Mortgage Loan Officer
Compensation
$16k – $125k /yr
Employment type
Full-time
Work setting
On-site
Location
Minneapolis, MN
Schedule
Day shift
Posted
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Job overview
The Mortgage Loan Officer role is listed in Minneapolis, MN, with the posting also describing opportunities at the corporate headquarters in Plymouth, MN and at multi-state branches. Compensation is primarily commission-based; the listed annual range is $16,000–$125,000. Summit Mortgage supports borrowers pursuing home ownership. The role develops mortgage applications by evaluating borrower information and documentation, building referral relationships, and producing loans with customer service. It guides applicants through the process, coordinates loan terms and closing, and maintains accurate records in accordance with company, regulatory, and investor guidelines.
What you'll do
- Develop lending relationships with realtors, builders, developers, and other referral sources
- meet potential customers and conduct marketing activities
- obtain borrower documentation
- lock loan terms with the end investor when the borrower agrees to the product and terms
- keep borrowers informed between application and closing and gather additional information
- attend loan closings
- maintain accurate mortgage records and follow company, regulatory, and investor guidelines
- monitor local real estate trends and mortgage rules.
What we're looking for
- Skills & competencies
- mortgage loan officerminneapolis mnsummit mortgage corporationfull-timemortgage lendingloan originationborrower applicationsreferral relationshipscustomer servicesafe act licensecommission-based compensation$16k–$125k/year
- Work arrangement
- Weekend coverage required
Benefits & perks
- Health, dental, vision, life, and 401(k) options.
Why this role
SAFE Act-compliant Mortgage Loan Originator license required; associate degree or two years of related work experience in lieu of a degree. Compensation is primarily commission-based and depends on production and performance.
About the employer
Summit Mortgage Corporation is hiring for this role. Industry: Real Estate Credit. Sector: 52.
Additional details
- Industry sector
- 52
- Industry
- Real Estate Credit
- Occupation code
- 13-2072.00
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Listing ID: 25455db5-add2-4a00-b881-553589dcb16b