October 14, 2016

Mortgage Banker - St Louis

Commerce Bank - St. Louis, MO

View Job Summary View Job Summary
  • Company
    Commerce Bank Commerce Bank
  • Location
    St. Louis, MO
  • Job Type
  • Job Classification
    Full Time
  • Company Ref #
  • AJE Ref #

Job Description

20201 Mortgage Banker - St Louis (Open)

Job Category:

Grade 08 ----------------------------------------------------------------------

Location: 8000 Forsyth, St. Louis, Missouri 63105 ----------------------------------------------------------------------

Job Expectations:

How would you like to work for a great company that offers career growth and values your skills and experience? For over 150 years, Commerce Bank has built a strong reputation as a Super Community bank and is recognized as an industry leader. In today's growing and competitive financial services industry, we look for creative and innovative solutions to meet the needs of our customers. To achieve our results, we recruit the best and brightest employees who ask, listen and solve to meet our customers' needs!

As a Mortgage Banker, you will:

- Originate first mortgage residential loans for inclusion in the Bank's portfolio and/or sale on the secondary mortgage market

- Originate modifications and refinances of current loans in the Bank's portfolio

- Coordinate production with centralized processing center and other parties necessary to facilitate loan closings

- Quote and negotiate mortgage loan pricing to current customer base, prospective customers and general public

- Proactively initiate contact with realtors, builders, and the general public to generate business

- Develop and deliver presentations

- Require the ability to achieve stated production goals of mortgage originations with limited supervision

Work Hours: Monday - Friday (8:00am-5:00pm)

Education: Bachelor's degree in a business related field

Preferred applicants will have:

- 2 years experience in the origination of conventional mortgage loans, including portfolio loans and loans for sale to other secondary market investors

- Comprehensive understanding of guidelines, documentation, regulations and requirements of mortgage lending programs and products

- Experience in FHA/VA and other agency lending programs

**For this position, federal regulations require Commerce Bank to prepare an investigatory consumer report which will disclose credit history. If you express interest in and are considered for this position, you will be asked to authorize that report.

Time Type:

Full time