Mortgage Junior Loan Officer

Banner Bank; Bellevue (WA); On-site; USD 45,000 - 51,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Paid vacation and sick time

401k with up to 4% match

Tuition reimbursement

11 company paid holidays

Job summary

Medium is seeking a Mortgage Junior Loan Officer in Bellevue. This role involves originating real estate loans, ensuring compliance with bank policies, and attending industry meetings. Candidates should have a minimum of 2 years experience in mortgage origination, strong communication skills, and knowledge of loan processes. The position offers a monthly base salary of $3,800 plus commission, comprehensive benefits including healthcare, paid time off, and a 401k match program.

Qualifications

• 2 years of experience in residential mortgage origination required.
• Proven history of success in consistent closing and funding of loans.
• Knowledge of federal and state laws relating to real estate lending.

Responsibilities

• Originate real estate loans from various sources.
• Ensure loans are set up in the Bank's computer system.
• Attend Realtor Association and Builder Association meetings.
• Comply with policies, procedures, security requirements, and government regulations.

Skills

Loan origination processes

Sales strategies

Effective communication skills

Negotiation skills

Education

H.S. Diploma or equivalent

Job description

Mortgage Junior Loan Officer

As a Mortgage Junior Loan Officer with Banner Bank, you will attract and make real estate loans that meet bank standards for economic value and safety, contributing to the long-term profitability of the bank's operations.

Responsibilities

• Responsible for originating real estate loans from various sources: Realtor business developed through a structured outside calling program, contractors (both Banner Bank customers and others), referrals from branch personnel, general public through normal business relationships (i.e. service organizations, friends, acquaintances, etc.), and walk-in and call-in customers.
• Responsible for ensuring originated loans are set up in the Bank's computer system and processed through for submission to underwriting.
• Identify opportunities and provide financing sheets for listings and Realtor/builder open houses. Attend weekend open houses and/or subdivisions for loan solicitation purposes.
• Responsible for attending regular Realtor Association and Builder Association meetings.
• Responsible for attending closing signing appointments as needed.
• Responsible for attending internal training sessions, internal sales meetings, and external training opportunities as assigned.
• Responsible for being available to take applications or meet with clients at Bank branch locations.
• Responsible for complying with policies, procedures, security requirements, and government regulations.

Education & Certifications

• H.S. Diploma: required (an equivalent combination of education and experience may be considered)

Experience

• 2 or more years of experience in residential mortgage origination required

Knowledge, Skills, and Abilities

• Proven history of success in consistent closing and funding of loans to meet sales goals.
• Knowledge of mortgage loan origination processes and procedures, regulations, and underwriting.
• Possess effective presentation, verbal and written communication, and negotiation skills.
• Knowledge of current market competition, sales strategies, trends, and activity.
• Knowledge of federal and state laws and regulations relating to real estate lending.

Travel

• Up to 20%

Compensation & Benefits

• Base salary of $3,800 monthly
• Excellent commission structure
• Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
• Paid vacation time, sick time and 11 company paid holidays
• 401k (with up to 4% match)
• Tuition reimbursement

Equal Employment Opportunity Statement

Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.

Recruiting Policy

Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third‑party agency and/or search firm without a valid written and signed search agreement will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.