Real Estate Lender

Job overview

The Real Estate Lender role is an onsite position in Mendota Heights, MN, with the listing based in Saint Paul, MN. Compensation is a $40,000–$60,000 annual base salary plus monthly commission based on closed loan volume. Deerwood Bank’s community banking approach emphasizes personal service, local decision-making, and community connection. The lender originates and structures residential real estate, home equity, and construction loans, guiding customers from application through closing. Relationship development, sound credit recommendations, and ongoing portfolio support contribute to the bank’s mortgage business and customer service goals.

What you'll do

• Develop mortgage business through customer relationships, community involvement, and referral partnerships
• originate residential real estate, home equity, and construction loans
• evaluate borrower needs, negotiate terms, and structure financing
• present credit recommendations under bank policies and investor guidelines
• guide customers through applications, documentation, processing, underwriting, and closing
• manage a loan portfolio and monitor construction loans
• maintain customer contact and address payment concerns
• support profitable growth through pricing, fees, product knowledge, and referrals.

What we're looking for

Skills & competencies

real estate lender

mortgage lending

residential loans

home equity

construction loans

nmls license

mendota heights mn

saint paul mn

deerwood bank

monday–friday

8:00 a.m.–5:00 p.m.

$40k–$60k base

monthly commission

community banking

Work arrangement

• Weekend coverage required

Benefits & perks

• Medical, dental, and vision insurance
• health savings and flexible spending accounts
• life and disability insurance
• adoption assistance
• employee assistance program
• paid time off and holidays
• 401(k) with company match
• financial wellness education
• reduced banking fees
• employee referral bonus.

Why this role

Current, valid NMLS license in good standing required; mortgage or real estate lending experience required; standard hours Monday–Friday, 8:00 a.m.–5:00 p.m., with additional hours for customer or business needs.

About the employer

Deerwood Bank is hiring for this role. Industry: Real Estate Credit. Sector: 52.