Mortgage Loan Officer

View The Space; Chico (CA); On-site; USD 42,408 - 46,872; Full time

Benefits offered by this job

Excellent commission structure

Comprehensive employee benefits

Tuition reimbursement

Job summary

A financial institution is looking for a Mortgage Loan Officer in Chico, CA. The role involves originating real estate loans, ensuring compliance with regulations, and promoting home ownership through community outreach. Candidates should have a high school diploma, ideally a bachelor's degree, and at least 3 years of residential mortgage experience. The position offers a competitive monthly guarantee of $3,800 and various employee benefits including health insurance and a retirement plan.

Qualifications

• 3+ years of experience in residential mortgage origination required.
• Proven history of success in consistent closing and funding of loans.
• Knowledge of mortgage loan origination processes and regulations.

Responsibilities

• Originate real estate loans from various sources.
• Ensure originated loans are set up in bank's system.
• Conduct community outreach to promote home ownership.

Skills

Effective presentation skills

Verbal communication skills

Written communication skills

Negotiation skills

Education

H.S. Diploma

Bachelor's Degree in Finance, Accounting, Business, or related field

NMLS registration

Job description

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.

As a Mortgage Loan Officer with Banner Bank you will be part of our Mortgage Lending team, awarded the 2020 Residential Diversity and Inclusion Leadership Award by the Mortgage Bankers Association. This outstanding team delivers superior value to our clients by attracting and making real estate loans which meet Bank standards for economic value and safety to contribute to the long term profitability of the Bank's operations.

In this role you'll have the opportunity to:

• Originate 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.
• Ensure 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.
• Attend regular Realtor Association and Builder Association meetings.
• Attend internal training sessions, internal sales meetings, and external training opportunities as assigned.
• Take applications or meet with clients at Bank branch locations. Attend closing signing appointments as needed.
• Promote home ownership through community outreach efforts, specifically in the communities around designated branch location demonstrating inclusive marketing efforts to develop new leads, loans and bank relationships. Conduct first time home buyer classes at or in close proximity to branch, host booths at non-profit community events, etc.
• Comply with policies, procedures, security requirements, and government regulations.

Education & Certifications

• H.S. Diploma required
• Bachelor's Degree in Finance, Accounting, Business, or other related field preferred
• NMLS registration required

Experience

• 3+ years in 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

• Monthly guarantee of $3,800 (not including ramp-up period)
• 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

Review Banner's employee benefits at: Employee Benefits | Banner Bank

Please take time to review Banner Bank's Consent & Privacy notice before applying.

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.