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Old National Bank

Old National Bank

Mortgage Loan Originator

Location : Albion, MI, 49224

Job Type : Other

Estimated Salary : $242,675 per year

Date Posted : 9 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 Albion, MI, US? You'll find plenty of opportunities in nearby cities, including Ann Arbor, MI, Belding, MI, Belleville, MI, Brighton, MI, Chelsea, MI, Clinton, MI, Coopersville, MI, Dexter, MI, Eaton Rapids, MI, Farmington, MI, Fenton, MI, Ferrysburg, MI, Garden City, MI, Grand Rapids, MI, Holland, MI, Howell, MI, Hudsonville, MI, Jackson, MI, Livonia, MI, Lowell, MI. 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.

A mortgage loan originator's salary can vary greatly depending on factors such as location, experience, and the specific company. however, according to the u.s. bureau of labor statistics, the median annual wage for loan originators was $63,060 as of may 2020. this figure can increase with additional years of experience and success in the field.

A federal mortgage loan originator is a mortgage loan originator who is regulated by the federal government under the truth in lending act (tila) and the secure and fair enforcement for mortgage licensing act (safe act). they are responsible for helping borrowers apply for mortgage loans and guiding them through the loan process, while adhering to federal regulations.

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

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.

Mortgage loan originators typically earn a commission per loan, which is usually a percentage of the loan amount. this commission can range from 1% to 2% of the loan value. however, the exact amount can vary depending on factors such as the lender, the loan type, and the specific terms of the agreement.

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