Mortgage Banker Trainee - Retail

Commerce Bancshares
United States
Workplace: HybridFull timeUSD 49,000 - 49,000 annuallyFunction: Banking, Lending & CreditEducation: associatesSkills: ["Relationship-building","Customer focus","Collaboration","Attention to detail","Communication"]

Originate home loans by driving new mortgage sales within an assigned lending territory. Build a referral network with partners such as realtors and builders, visit Commerce branches weekly, and manage a loan and lead pipeline. Assist with pipeline/documentation coordination, pre-underwriting activities, and analysis of applicants’ creditworthiness and property evaluations. Maintain compliance with mortgage regulations and best-in-class client communication to support timely closings.

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Commerce Bancshares
Commerce Bancshares
2 days ago

Mortgage Banker Trainee - Retail

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Last checked: 6 hours agoStatus: Live

Job Summary

Originate home loans by driving new mortgage sales within an assigned lending territory. Build a referral network with partners such as realtors and builders, visit Commerce branches weekly, and manage a loan and lead pipeline. Assist with pipeline/documentation coordination, pre-underwriting activities, and analysis of applicants’ creditworthiness and property evaluations. Maintain compliance with mortgage regulations and best-in-class client communication to support timely closings.
Location: United States
Workplace: Hybrid
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Entry level

Key Responsibilities

  • •Support relationship-building with referral partners to build the book of business (e.g., realtors, builders).
  • •Visit Commerce branches within assigned geography weekly to meet with commercial bankers and customers on mortgage products.
  • •Assist with managing the production pipeline and documentation collection, coordinating with the fulfillment team and communicating between borrowers and referral partners.
  • •Review and evaluate applicants’ financial status, creditworthiness, and property evaluation to determine home-loan eligibility and feasibility.
  • •Support pre-underwriting by obtaining and analyzing employment, credit, income, assets, and collateral documentation; verify documentation meets CMC/Investor/Agency standards before submission.

Pay and Benefits

Salary: USD 49,000 annually
Perks:Health InsuranceDentalVision401kLife InsurancePaid LeavePaid PersonalEducation Assistance

Key Requirements

  • •Associates degree in business management/finance or equivalent education and experience required; bachelor’s degree preferred.
  • •Basic knowledge of mortgage products.
  • •Basic credit risk analysis and loan origination skills.
  • •Maintain a valid driver’s license and meet driving record criteria; may be contingent on driving requirements.
  • •Proficiency with Encompass, Blend, Microsoft Office Suite, Optimal Blue and Total Expert preferred.
Education:Associate's in business management/finance
Skills:Relationship-buildingCustomer focusCollaborationAttention to detailCommunication
Licenses:Valid driver's license
Tech Stack:EncompassBlendMicrosoft Office SuiteOptimal BlueTotal Expert

Company Brief

Commerce Bancshares
Provides commercial, retail, wealth management, and payment services through its regional banking operations. Commerce Bancshares serves individuals, businesses, and institutions across the Midwest with deposit accounts, lending, treasury, and card solutions.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Kansas City, United States
Founded: 1865
WebsiteLinkedIn