New

Mortgage Loan Originator

Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
United States, Michigan, Farmington Hills
May 28, 2025
Mortgage Loan Originator The Mortgage Loan Originator converts mortgage leads received from the Bank, mainly from the Retail Bank and converts these leads into quality mortgage applications. Once the application is taken the main duty of the Mortgage Loan Originator (MLO) is to work with the customer to get the loan approved and closed. The MLO position is also responsible for coaching the Retail Bank to submit quality leads to the Mortgage Team. Position Responsibilities: Conduct a thorough point of sale interview and application by telephone. Structure the application using creativity, product and underwriting knowledge so that the loan can be approved and closed. Create and maintain a referral relationship with Bank Partners with an emphasis on the Retail Bank that produces quality leads. Coaching would be provided both informally while giving the referral source a status update on their lead and formally by phone at District Meetings and Banking Center Huddles. Maintain a working knowledge of industry trends, product parameters and compliance guidelines to ensure that the maximum numbers of leads are converted into applications and closed loans. Pipeline Management to ensure that leads are called timely and applications move to closed loans. When done properly this will increase both conversion rate and future referrals. Position Qualifications: High School Diploma or GED 2 years of experience in retail or financial sales 1 year of experience in Banking or financial services 1 year of experience utilizing Microsoft Office Products including Word and Excel Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: 8:00am - 5:00pm Monday - Friday Salary: To Be Determined Based on Individual Experience About Comerica We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure. Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history. NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act. Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica is proud to be an Equal Opportunity Employer - disability/veteran.