Mortgage Loan Officer (St. Paul or Minnetonka)

Job Summary

Coulee Bank is seeking a Mortgage Loan Officer to work from either St. Paul or Minnetonka, Minnesota. This full‑time role offers a competitive salary of $100,218.98 and the potential for a sign‑on bonus while providing top‑tier customer service in home mortgage origination.

Key Responsibilities

• Originate and process consumer home mortgage loans, ensuring compliance with all regulatory requirements.
• Deliver exceptional customer service throughout the loan lifecycle, from application to closing.
• Build and maintain a robust network of internal and external referral sources, including real‑estate agents, builders, and financial advisors.
• Generate fee income in line with departmental budgets and performance targets.
• Collaborate with the SVP, Director of Mortgage, Public Relations Manager, and other Mortgage Department team members to develop and execute effective marketing strategies.
• Prepare and present loan proposals, rates, and terms to prospective borrowers.
• Stay current on market trends, loan products, and regulatory changes.

Qualifications & Requirements

• Active mortgage loan originator license in Minnesota.
• Minimum 2 years of experience in residential mortgage lending or related financial services.
• Strong interpersonal and communication skills with a proven ability to develop referral relationships.
• Detail‑oriented with excellent organizational and time‑management abilities.
• Proficiency with loan origination software and Microsoft Office Suite.
• Ability to work independently and as part of a collaborative team.

Compensation & Benefits

• Base salary: $100,218.98 annually.
• Potential sign‑on bonus based on performance.
• Competitive commission structure tied to loan volume.
• Comprehensive health, dental, and vision insurance.
• Retirement savings plan with employer match.
• Paid time off and professional development opportunities.

Frequently Asked Questions

What certifications are required for this Mortgage Loan Officer role?

You must hold a current Minnesota mortgage loan originator license and meet any additional state or federal licensing requirements.

Is remote work possible for this position?

The role is based in the St. Paul or Minnetonka office; occasional remote work may be approved based on business needs.

What is the sign‑on bonus structure?

The sign‑on bonus is performance‑based and awarded after meeting initial loan production targets within the first few months.