Mortgage Loan Officer

Summit Mortgage Corporation is hiring licensed Mortgage Loan Officers at our corporate headquarters in Plymouth, MN and at our multi‑state branches. The Loan Officer will develop loan applications by evaluating applicant information and documentation, building relationships within the community, and producing high‑quality loans while providing excellent customer service.

Pay Transparency: Compensation is primarily commission‑based; production and performance will determine earning potential.

At Summit we provide the tools and operations to succeed: onboarding quickly, top marketing tools (MBS Highway, Bomb Bomb, Surefire, MMI), dedicated support staff, in‑house fulfillment staff, smooth closings, happy realtors, and referrals.

Benefits: Summit Mortgage offers health, dental, vision, life, and 401k options.

Licensed states: AZ, CA, CO, DE, FL, GA, IA, , IL, IN, LA, MD, MI, MN, MT, NJ, NC, ND, OR, PA, SC, TX, UT, VA, WA, WI, WY.

The Loan Officer will develop loan applications by evaluating applicant information and documentation, developing relationships within the community, and producing high‑quality loans while providing excellent customer service.

• Develop lending relationships with Realtors, builders, developers, and other sources of loan referrals to generate loan volume within the market area.
• Meet with potential customers.
• Engage in marketing and promotional activities to increase prospects.
• Obtain required documentation from prospective borrowers.
• Lock loan terms with the end investor when the prospective borrower agrees on the loan product and terms.
• Maintain regular contact with the prospective borrower between application, closing, and final sale to the investor to apprise the prospective borrower of the status of the application and gather any additional information as needed; attend loan closings.
• Comply with mortgage procedures by maintaining accurate mortgage records and following Summit Mortgage, regulatory, and investor guidelines.
• Stay abreast of trends and developments in the local real estate market and the competitive environment, as well as new rules and regulations pertaining to both private‑ and government‑insured mortgages.
• Maintain a professional image and standards consistent with Summit Mortgage policies and procedures.

• Associates degree or 2 years of related work experience in lieu of a degree.
• Two years of mortgage loan origination experience preferred.
• Licensed as a SAFE Act compliant Mortgage Loan Originator.
• Ability to type at least 50 wpm with a high degree of accuracy (90% or better).
• Knowledge of FHLMC and/or FNMA and FHA/VA and private mortgage insurance requirements.
• Strong verbal and written communication skills.
• Demonstrated customer service skills with a strong ability to take initiative and stay motivated.
• Effective prioritization and organization skills.
• Ability to work effectively under time constraints and have work flexibility.