About the Role:
Are you an experienced Mortgage Loan Originator ready to take the next step into leadership? Midwest Specialty Mortgage LLC is seeking a driven, entrepreneurial Senior Mortgage Loan Originator to lead and grow our operations. This is a unique opportunity to build a high-performing team, expand your market presence, and benefit from a generous compensation structure that rewards leadership and production.
As Branch Manager, you’ll have the autonomy to shape, recruit, and mentor Loan Originator Assistants (LOAs), and drive profitability across Illinois. You’ll also benefit from our extensive support, technology, and access to top-tier wholesale lenders.
- Compensation Structure:
As a producing and Senior Mortgage Loan Originator at Midwest Specialty Mortgage, you’ll benefit from a competitive and performance-driven compensation package:
- 120 to 150 basis points (bps) on personally originated and closed loans based on closed loan levels
- Up to 20 basis points override on loans originated by Loan Originator Assistants (LOAs) under your supervision
- 10 to 20 basis points for loans closed if leading a team or state, based on the team or state’s performance
This structure rewards leadership, production, and profitability, so you can increase your income as you grow your team and market presence.
What We Offer:
- Leadership role with growth potential and autonomy
- Access to Tier 1 lenders and diverse loan products
- Marketing support, including social media, Google Ads, mailers, and print materials
- Advanced CRM and loan origination tools
- Processing and assistant support to streamline operations
- Licensing support and continuing education
- Flexible work-from-home setup with local market focus
- Collaborative, people-first culture
What You’ll Do:
- Originate and close personal deals while supporting team production
- Recruit, train, and mentor LOAs and MLOs
- Build and maintain relationships with referral partners
- Ensure compliance and operational excellence
- Drive local marketing and community engagement
What We’re Looking For:
- Active NMLS license (Indiana, Illinois, or Iowa required)
- 3 out of the last 5 years as Mortgage Loan Originator
- Proven mortgage production experience of $5M+
- Leadership or team-building experience is a plus
- Strong communication and relationship-building skills
- Entrepreneurial mindset and goal-oriented approach
About Midwest Specialty Mortgage:
Based in Elgin, IL, Midwest Specialty Mortgage is an independent brokerage offering unmatched access to wholesale lenders and loan programs. We provide local expertise to support our team and deliver excellence for our clients.
Apply Today!
