Community Development Commission Jobs in Minnesota

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. 

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Old National Bank has an opportunity for a Community Development Mortgage Loan Originator.  This position will focus on Community Reinvestment Act (CRA) and Multicultural Originations.  The Community Development Mortgage Loan Originator is responsible for generating residential mortgages to Low to Moderate Income (LMI) communities, majority-minority communities, LMI individuals and minority individuals (e.g. Black or African American, Hispanic, American Indian and Asian/Hawaiian/Pacific Islander). 

Salary Range

           The salary range for this position is $00.00 - $60,000 base/ plus commission per year. Final salary will be determined based on factors such as location, experience, skills and qualifications.

Essential Duties:

• Originate mortgage loans to achieve production goals.
• Self-source loans through established referral partners, community organizations, housing agencies, local business leaders, realtors and other referral sources.
• Convert leads into applications, present personalized mortgage solutions, produce required disclosure and collect documents needed to satisfy loan conditions.
• Manage pipeline from origination through closing and complete required management reports.
• Consult with internal partners to ensure superior customer service delivery.
• Utilize ONB reference tools and resources to provide accurate and up-to-date loan information to customers and business partners.
• Promote home ownership focusing on properties located in majority-minority census tracts.
• Coordinate and conduct home-buying training seminars for potential CRA and multicultural origination mortgage applicants.
• Partner with community, non-profit and government agencies focused on affordable housing programs or minority communities.

Qualifications:

• 3-5 years of experience in the area of community and diversity mortgage loan origination.
• Working knowledge of FHA, conventional and governmental lending guidelines; federal lending regulations; CRA, Multicultural and HUD income guidelines.
• Must have competent computer skills.
• Must have strong verbal and written communication skills.
• Must have competent skills in organizational and time management along with the ability to multi-task.
• Licenses/Certifications: must be eligible to register with the National Mortgage Licensing System and Registry (NMLS) 

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!