Mortgage Junior Loan Officer

Banner Bank; Washington (District of Columbia); On-site; USD 46,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental

Vision

LTD

STD & life

Paid vacation and holidays

401k match

Tuition reimbursement

Job summary

Banner Bank is seeking a Mortgage Junior Loan Officer to originate real estate loans from diverse sources and guide them through underwriting. You will attend open houses, builder meetings, and perform outreach to Realtors and contractors to grow lending opportunities.

The role requires a high school diploma and at least two years of residential mortgage origination experience, with solid knowledge of loan processes, regulations, and effective communication skills.

Qualifications

• H.S. Diploma required.
• 2+ years of residential mortgage origination experience required.
• Knowledge of mortgage origination processes, regulations, and underwriting.

Responsibilities

• Originates real estate loans from multiple sources including Realtor and outside referrals.
• Ensures loans are set up in the Bank's system and submitted to underwriting.
• Identifies financing opportunities and provides financing sheets for listings/open houses.
• Attends Realtor/Builder meetings and loan solicitation events.
• Attends closing signings and internal/external training sessions as assigned.
• Available to meet clients at Banner Bank branch locations and take applications.
• Complies with policies, procedures, security requirements, and government regulations.

Skills

Closing loans

Mortgage origination knowledge

Presentation skills

Verbal and written communication

Knowledge of regulations

Education

High School Diploma

Job description

Mortgage Junior Loan Officer

More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year. With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.

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.

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

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

• 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

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.

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.