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Merchants Bank IN · 2 days ago

Mortgage Loan Originator - Greater Chicago

Chicago, IL

Full-time

Onsite

Entry, Mid Level

2+ years exp

Merchants Bank IN is a diversified bank holding company seeking a Mortgage Loan Originator to help grow and develop new residential mortgage businesses. The role involves assisting customers with home lending goals, analyzing creditworthiness, and nurturing relationships with referral sources.

BankingFinanceFinancial Services

Responsibilities

Develop new business by utilizing referrals through centers of influence to contact prospective customers and promote and cross-sell bank products and services

Develop and maintain new and existing relationships with realtors, builders, current customers, and banking center staff to generate residential mortgage applications

Interview prospective loan applicants to collect and analyze financial data to determine the merits of the specific loan request

Establish credit terms including costs, repayment methods, schedule, and collateral requirements

Have communicated and advised customers concerning financial matters to determine products that best met their needs

Participate in community and networking events to generate new business opportunities and enhance the bank’s visibility

Serve as the liaison for non-borrowing accounts and loan customers for other bank services

Qualification

Mortgage lending experienceResidential mortgage processS.A.F.E. Act registrationFinancial analysisCommunity engagementRelationship building

Required

Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and guidelines

This position requires S.A.F.E. Act registration through the Nationwide Mortgage Licensing System (NMLS)

Someone who knows they must get out into their communities and connect with our customers. We do not sit in a branch and wait for walk-in mortgage customers here

Preferred

A Bachelor's degree with a minimum of two years of mortgage lending experience is preferred

Company

Merchants Bank IN

Ranked as one of the top-performing banks in the U.S.

Founded in 1990

Carmel, Indiana, USA

501-1000 employees

http://bankmerchants.com

Funding

Current Stage

Public Company

Total Funding

$403.11M

2024-11-18Post Ipo Equity· $230M

2024-05-13Post Ipo Equity· $98.04M

2021-05-14Post Ipo Equity· $46.18M

Leadership Team

Bill Fessel

Chief Operating Officer - Business Lending

Robert Burtner

Senior Vice President - Chief Credit Officer

Recent News

GlobeNewswire

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

2026-01-20

Star Tribune

St. Paul building housing W.A. Frost restaurant faces foreclosure

2026-01-09

Twin Cities

Downtown St. Paul: U.S. Bank Center auction delayed

2025-12-16

Company data provided by crunchbase