Mortgage Loan Officer
About the role
Join Mercantile Bank as a Mortgage Loan Officer and take your career in Mortgage Lending to the next level. You will have the opportunity to directly influence your community and customers' lives by helping them secure their dream homes. Our competitive commission-based pay structure rewards your hard work and dedication, ensuring that your efforts are acknowledged and compensated. Mercantile Bank was founded by entrepreneurs who believed building strong relationships and communities is accomplished through collaboration and innovation. It's more than being a financial institution, it's being a trusted ally and community partner. As Michigan's largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.
Responsibilities
- Build strong and lasting relationships in your market
- Own your customer experience by leading the mortgage loan process from beginning to end, while receiving support that is tailored to your needs
- Offer great products that meet and exceed your customer's expectations and work with an amazing team to close loans in an average of 23 days
Benefits
- Competitive compensation
- Bonus opportunities
- Best-in-class benefit options
- Minimum of 3 weeks' vacation
- Sick time
- 11 paid holidays
- Generous 401k match of 5%
- Company paid life insurance
- Tuition reimbursement
- IVF and adoption assistance
- Zero-interest loans for fitness equipment and business attire
- Discounted bank services
- Employee stock purchase plan
- 529 savings plans
- Health savings accounts
- Flexible spending accounts
- Legal protection
- Exceptional training and development opportunities
- Encouragement to connect with community through volunteer opportunities
Pay
Our competitive commission-based pay structure rewards your hard work and dedication, ensuring that your efforts are acknowledged and compensated.
Requirements
- Bachelor's degree or four years of sales experience, particularly in banking or lending
- Two years of experience in the mortgage lending industry, demonstrating a strong track record of mortgage sales with a monthly volume of 4-5 closed units totaling around $750,000
- Registered and licensed in the Nationwide Mortgage Licensing System and Registry (NMLS)