Midwest Target Cities - Indianapolis, IN, Minneapolis, MN, Chicago, IL, Southwestern Michigan, Columbus, OH, Cincinnati, OH, Louisville, KY

Our Mortgage Loan Originators (MLO) are here to help grow and develop new residential mortgage businesses by assisting customers to meet their home lending goals through our products and programs, along with analyzing credit creditworthiness of applicants and negotiating terms, and collateral requirements. You will also work on developing and nurturing relationships with referral sources (real-estate agents, financial planners, community groups, builders, attorneys, etc.) and working with bank staff to promote and cross-sell our bank products and services. 

After one year as our Mortgage Loan Originator, you know you were successful if you…

• 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.
• Communicate and advise customers concerning financial matters to determine products that best meet 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.

What we are looking for…

• A Bachelor’s degree is preferred with a minimum of two years of mortgage lending experience.
• 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. 

What sets Merchants Mortgage apart…

• We have the full support of our executive leadership team. We are not a bank that sells mortgages, we are a mortgage company.
• We are small enough to provide personal service, but large enough to provide a full menu of products.
• Our entire team is readily available (onsite) to discuss questions or resolutions to issues that might arise.
• Stability – we think long-term, and we are looking for Mortgage professionals who think long-term too!

Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail, and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana.