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Old National Bank

Old National Bank

Mortgage Loan Originator

Location : Naperville, IL, 60564

Job Type : Other

Estimated Salary : $242,675 per year

Date Posted : 10 July 2025

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Overview

Old National Bank has been serving clients and communities since 1834. With approximately $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.

Responsibilities

We are seeking a Mortgage Loan Originator with a strong sales orientation. The Mortgage Loan Originator is responsible for establishing relationships with other Old National Bankers in the market to source clients. Additionally, responsible for establishing relationships with outside centers of influence to source new clients. The ideal candidate will have banking experience to draw on which will enable success through our training program.

Old National Bank's Mortgage Department is the place to be for the sales-oriented lender. We handle in-house servicing of all conventional and portfolio loans. We offer a wide array of Portfolio Products including Jumbo Loans; One-time Close Construction and Professional Program. Old National offers mortgage products that professionals such as physicians, dentists, optometrists and professors desire as well as multiple product offerings for Conventional, FHA, VA, USDA. Additionally, we offer IN Housing, KY Housing, HOP, and MCC.

We provide an aggressive compensation plan and in-house operational teams for processing, underwriting and closing.

Salary Range

The salary range for this position is $00.00 - $60,000 base/ plus commission per year. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Responsibilities:

Generate new business opportunities through established realtor and customer relationships.

  • Proactively engage and partner with assigned banking centers to expand business.
  • Provide professional counsel to clients to understand the benefits of Old National Bank's products and services.
  • Engage with the customer throughout the loan application, approval and closing process.
  • Eligible to register with the National Mortgage Licensing System and Registry (NMLS) or currently NMLS registered

Qualifications:

  • 3-5 years of proven Mortgage Loan Origination capability required
  • 2+ years of bank/financial services industry experience is essential.
  • Must be a self-starter who is organized.
  • Detail oriented is helpful.
  • Must be able to work independently without direct supervision.

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!

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If you're qualified for a position but need additional help with the application because of a disability, please email HRservices@oldnational.com (This email will respond to accommodation requests only.)

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FAQ's

Find the answers for the most frequently asked questions below

Are you looking for job openings with Old National Bank near Naperville, IL, US? You'll find plenty of opportunities in nearby cities, including Midlothian, IL, Plainfield, IL, Beecher, IL, Brookfield, IL, Chicago, IL, Cortland, IL, Elgin, IL, Fox Lake, IL, Harwood Heights, IL, Highwood, IL, Morton Grove, IL, Mundelein, IL, Niles, IL, Riverside, IL, Round Lake, IL, West Chicago, IL, Bartlett, IL, Berwyn, IL, Bridgeview, IL, Broadview, IL. These locations offer remote jobs, part-time jobs, and full-time positions with Old National Bank. Check out current job listings in these cities to discover more employment opportunities and local jobs hiring now in your area.

If you're searching for companies hiring now in Naperville, IL, US, several top employers are offering a variety of job opportunities. These include EisnerAmper, Fifth Third Bank and more. Whether you're looking for entry-level positions, work-from-home jobs, or immediate hire roles, you'll find plenty of local job listings in Naperville, IL, US.

A mortgage loan originator's salary can vary greatly depending on factors such as location, experience, and the number of loans they originate. according to the bureau of labor statistics, the median annual wage for loan originators was $63,060 as of may 2019. however, top performers can earn significantly more.

Mortgage loan originators (mlos) typically receive compensation in the form of a salary, commission, or a combination of both. the commission is often a percentage of the loan amount, which they earn after the loan is closed. this structure incentivizes mlos to help clients secure loans efficiently and effectively.

A mortgage loan originator is a professional who helps borrowers apply for mortgages to buy homes. they work with lenders to process loan applications, verify financial information, and guide clients through the mortgage process.

A mortgage loan originator is not exactly the same as a mortgage broker. while both work in the mortgage industry, a mortgage loan originator typically works for a bank, mortgage company, or other lending institution and helps borrowers apply for loans and guide them through the process. a mortgage broker, on the other hand, acts as an intermediary between borrowers and multiple lenders to find the best loan terms for the borrower.

A mortgage loan originator who misses the december 31 renewal deadline may face potential penalties, delays in loan processing, and potential loss of business opportunities due to missed deadlines. it's crucial for them to manage their workload effectively to meet deadlines and maintain client satisfaction.

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