Analyzes mortgage loan files to include income and asset documentation, credit reports, and ... Approves loans according to investor and Bank guidelines up to investor conforming limits and makes ...
Analyzes mortgage loan files to include income and asset documentation, credit reports, and ... Approves loans according to investor and Bank guidelines up to investor conforming limits and makes ...
ESSENTIAL REQUIREMENTS Works as a team member of the BSA AML Compliance Department to ensure that 1st Source Bank maintains compliance with the BSA and OFAC regulations and that selected employees ...
ESSENTIAL REQUIREMENTS Works as a team member of the BSA AML Compliance Department to ensure that 1st Source Bank maintains compliance with the BSA and OFAC regulations and that selected employees ...
Mortgage Banker
Waseca, MN · On-site
$65K - $110K/yr
This is a full-time mortgage lending position within Minnwest Bank. The purpose of the position is ... Originate quality first mortgages saleable in the secondary market and/or Bank Portfolio. * Meet ...
Mortgage Banker
Waseca, MN · On-site
$65K - $110K/yr
This is a full-time mortgage lending position within Minnwest Bank. The purpose of the position is ... Originate quality first mortgages saleable in the secondary market and/or Bank Portfolio. * Meet ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
This position is responsible for sales of first mortgage and concurrent second loan products to ... Originate residential mortgage loans and related bank products and expand network of referral ...
This position is responsible for sales of first mortgage and concurrent second loan products to ... Originate residential mortgage loans and related bank products and expand network of referral ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
This position is responsible for sales of first mortgage and concurrent second loan products to ... Originate residential mortgage loans and related bank products and expand network of referral ...
This position is responsible for sales of first mortgage and concurrent second loan products to ... Originate residential mortgage loans and related bank products and expand network of referral ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
Mortgage Banker
Waseca, MN · On-site
$65K - $110K/yr
This is a full-time mortgage lending position within Minnwest Bank. The purpose of the position is ... Originate quality first mortgages saleable in the secondary market and/or Bank Portfolio. * Meet ...
Mortgage Banker
Waseca, MN · On-site
$65K - $110K/yr
This is a full-time mortgage lending position within Minnwest Bank. The purpose of the position is ... Originate quality first mortgages saleable in the secondary market and/or Bank Portfolio. * Meet ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
... 1st Source offers for which they are the specialists. * Analyzes and approves credits within prescribed limit, typically handles relationships of $1MM+ and manages a large portfolio. * Documents bank ...
Ameris Bank matches 50% of your first 8% of contributions to the plan * Flexible Spending Accounts ... Discount on Mortgage Origination Fee * Free Online Banking and Free Unlimited Online Bill Payment
Ameris Bank matches 50% of your first 8% of contributions to the plan * Flexible Spending Accounts ... Discount on Mortgage Origination Fee * Free Online Banking and Free Unlimited Online Bill Payment
Ameris Bank matches 50% of your first 8% of contributions to the plan * Flexible Spending Accounts ... Discount on Mortgage Origination Fee * Free Online Banking and Free Unlimited Online Bill Payment
Ameris Bank matches 50% of your first 8% of contributions to the plan * Flexible Spending Accounts ... Discount on Mortgage Origination Fee * Free Online Banking and Free Unlimited Online Bill Payment
Ameris Bank matches 50% of your first 8% of contributions to the plan * Flexible Spending Accounts ... Discount on Mortgage Origination Fee * Free Online Banking and Free Unlimited Online Bill Payment
Ameris Bank matches 50% of your first 8% of contributions to the plan * Flexible Spending Accounts ... Discount on Mortgage Origination Fee * Free Online Banking and Free Unlimited Online Bill Payment
Mortgage Banker - Multiple States
Overland Park, KS · On-site
$37K/yr
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
Mortgage Banker - Multiple States
Overland Park, KS · On-site
$37K/yr
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
Mortgage Banker - Multiple States
Overland Park, KS · On-site
$37K/yr
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
Mortgage Banker - Multiple States
Overland Park, KS · On-site
$37K/yr
... source of referrals for new mortgage lending opportunities. You will be responsible to develop mortgage lead sources, respond timely to customer inquiries and Bank referrals, analyze borrowers ...
Represents the bank in local community organizations. * Regular and predictable attendance is an essential requirement of the position. * Responsible for the completion of all 1st Source University ...
Represents the bank in local community organizations. * Regular and predictable attendance is an essential requirement of the position. * Responsible for the completion of all 1st Source University ...
Represents the bank in local community organizations. * Regular and predictable attendance is an essential requirement of the position. * Responsible for the completion of all 1st Source University ...
Represents the bank in local community organizations. * Regular and predictable attendance is an essential requirement of the position. * Responsible for the completion of all 1st Source University ...
Mortgage Loan Officer
Augusta, GA · On-site
Demonstrate knowledge of Bank mortgage loan products and services. * Follow bank policies and ... FIRST COMMUNITY BANK (SC) is an EEO Employer - M/F/Disability/Protected Veteran Status
Mortgage Loan Officer
Augusta, GA · On-site
Demonstrate knowledge of Bank mortgage loan products and services. * Follow bank policies and ... FIRST COMMUNITY BANK (SC) is an EEO Employer - M/F/Disability/Protected Veteran Status
First Source Bank Mortgage information
See salary details
$10.58 - $14.79
1% of jobs
$18.18 is the 25th percentile. Wages below this are outliers.
$14.79 - $19.01
30% of jobs
The median wage is $21.31 / hr.
$19.01 - $23.23
35% of jobs
$25.22 is the 75th percentile. Wages above this are outliers.
$23.23 - $27.45
19% of jobs
$27.45 - $31.67
4% of jobs
$31.67 - $35.88
3% of jobs
$35.88 - $40.10
2% of jobs
$40.10 - $44.32
1% of jobs
$44.32 - $48.54
0% of jobs
$48.54 - $52.75
2% of jobs
$52.75 - $56.97
2% of jobs
$10
$25
$56
How much do first source bank mortgage jobs pay per hour?
What are the key skills and qualifications needed to thrive as a Mortgage Loan Officer at First Source Bank, and why are they important?
What is the difference between First Source Bank Mortgage vs Mortgage Loan Officer?
| Aspect | First Source Bank Mortgage | Mortgage Loan Officer |
|---|---|---|
| Credentials | Typically requires mortgage licensing, state-specific certifications | Requires mortgage licensing, state-specific certifications |
| Work Environment | Works within bank branches or corporate offices, focusing on bank-specific products | Works in various settings, including banks, mortgage companies, or remotely, selling multiple lenders' products |
| Employer & Industry Usage | Employed by First Source Bank, part of banking and financial services industry | Employed by banks, mortgage companies, or as independent agents, in mortgage lending industry |
First Source Bank Mortgage professionals focus on bank-specific mortgage products within a banking environment, while Mortgage Loan Officers may work for various lenders, offering a broader range of mortgage options across different institutions. Both roles require licensing and involve client consultation, but their work settings and product focus differ.
What are some common challenges faced by mortgage professionals at First Source Bank, and how can new hires prepare for them?
What does a First Source Bank Mortgage Loan Officer do?

Full-time
Re-posted 3 days ago
1st Source Bank rating
9.0
Based on 12 frontline employees who took The Breakroom Quiz
4th of 149 rated banks
Job description
ESSENTIAL REQUIREMENTS
- Underwrites FHA, VA, USDA and Conventional loan applications ensuring adherence to company, agency and investor guidelines.
- Underwrites the collateral to include contract and appraisal review for FHA and VA loan applications.
- Analyzes mortgage loan files to include income and asset documentation, credit reports, and required disclosures to ensure compliance with applicable Federal and state regulations, and company policies.
- Ensures all required documentation has been received and completed properly.
- Approves loans according to investor and Bank guidelines up to investor conforming limits and makes recommendations for loan approval by Senior Management when limits are exceeded. Determines the outstanding conditions needed prior to closing, reviews the conditions and clears the loan to close.
- Provides support to Loan Officers, Processors and Closers throughout the process of the loan.
- Ensures timely response and follow-up to Quality Control (QC), internal and post-closing audits, and investor audits or requests.
- Keeps up to date on investor and regulatory guidelines, policies, procedures and changes that affect mortgage underwriting.
- Responsible for the completion of all compliance training related to the position.
- Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
NON-ESSENTIAL FUNCTIONS
- Performs all other duties as assigned.
EXPERIENCE/SKILLS
- Five (5) years in mortgage lending preferred, two (2)-three (3) years minimum front-line underwriting experience also preferred.
- Self-motivated, ability to work in a fast-paced, high volume environment, while practicing sound lending judgment.
- Ability to understand and calculate a wide variety of income and asset holdings, including analyzing tax returns and other complex financial documentation.
- Ability to communicate effectively, both verbally and written.
- Detail oriented with excellent organizational skills.
- Readily embraces change.
- Good PC skills--proficiency in Microsoft Word and Excel essential.
- Strong quantitative and analytical skills.
EDUCATION
- Bachelors' Degree preferred. FHA Direct Endorsement Certification and VA LAPP preferred but not required depending on the degree of conforming underwriting experience
TRAVEL REQUIREMENTS
Ability to travel as needed for meetings, projects, seminars, etc.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
EQUIPMENT
MS Office PC, fax, phone and standard office equipment.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
What 1st Source Bank employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About 1st Source Bank
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
South Bend, IN, US
Year founded
1863