Mortgage Loan Originator - Bloomington, IN
Company: Merchants Bank of Indiana
Location: Bloomington
Posted on: January 9, 2026
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Job Description:
Job Description Job Description Description: Location:
Bloomington, IN area Our Mortgage Loan Originators (MLO) are here
to help grow and develop new residential mortgage businesses by
assisting customers to meet their home lending goals through our
products and programs, along with analyzing the creditworthiness of
applicants and negotiating terms, and collateral requirements. You
will also work on developing and nurturing relationships with
referral sources (real-estate agents, financial planners, community
groups, builders, attorneys, etc.) and working with bank staff to
promote and cross-sell our bank products and services. After one
year as our Mortgage Loan Originator, you know you were successful
if you… - Develop new business by utilizing referrals through
centers of influence to contact prospective customers and promote
and cross-sell bank products and services. - Develop and maintain
new and existing relationships with realtors, builders, current
customers, and banking center staff to generate residential
mortgage applications. - Interview prospective loan applicants to
collect and analyze financial data to determine the merits of the
specific loan request. - Establish credit terms including costs,
repayment methods, schedule, and collateral requirements. - Have
communicated and advised customers concerning financial matters to
determine products that best met their needs. - Participate in
community and networking events to generate new business
opportunities and enhance the bank’s visibility. - Serve as the
liaison for non-borrowing accounts and loan customers for other
bank services. Requirements: What we are looking for… - A
Bachelor’s degree with a minimum of two years of mortgage lending
experience is preferred. - Thorough knowledge and understanding of
residential mortgage process, underwriting criteria, and
guidelines. - This position requires S.A.F.E. Act registration
through the Nationwide Mortgage Licensing System (NMLS). - Someone
who knows they must get out into their communities and connect with
our customers. We do not sit in a branch and wait for walk-in
mortgage customers here. What sets Merchants Mortgage apart… - We
have the full support of our executive leadership team. We are not
a bank that sells mortgages, we are a mortgage company. - We are
small enough to provide personal service, but large enough to
provide a full menu of products. - Our entire team is readily
available (onsite) to discuss questions or resolutions to issues
that might arise. - Stability – we think long-term and are looking
for Mortgage professionals who think long-term too! About Merchants
Ranked as a top performing U.S. public bank by S&P Global
Market Intelligence, Merchants Bancorp is a diversified bank
holding company headquartered in Carmel, Indiana operating multiple
segments, including Multi-family Mortgage Banking that offers
multi-family housing and healthcare facility financing and
servicing; Mortgage Warehousing that offers mortgage warehouse
financing; and Banking that offers retail and correspondent
residential mortgage banking, agricultural lending, and traditional
community banking. Merchants Bancorp, with $18.8 billion in assets
and $11.9 billion in deposits as of December 31, 2024, conducts its
business primarily through its direct and indirect subsidiaries,
Merchants Bank of Indiana, Merchants Capital Corp., Merchants
Capital Investments, LLC, Merchants Capital Servicing, LLC,
Merchants Asset Management, LLC, and Merchants Mortgage, a division
of Merchants Bank of Indiana. Merchants Bank and Merchants Capital
have recently been honored with the 2025 USA Today Top Workplaces
recognition, ranking 22nd nationally within the 500-999 employee
category. This is the second year that Merchants has been
recognized with this award. These accolades build on our strong
history of workplace recognition, including being named a Best
Place to Work in Indiana for seven consecutive years (2016–2022).
For more information read the entire article here. PM20 BK
PI09dc608bdef6-25405-38968398
Keywords: Merchants Bank of Indiana, Greenwood , Mortgage Loan Originator - Bloomington, IN, Accounting, Auditing , Bloomington, Indiana
