Mortgage Loan Officer

Bannerbank; Issaquah (WA); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Commission up to 20%

Base salary guarantee $3,800/month

Health, dental, vision, LTD, STD, life

Job summary

Banner Bank is seeking a Mortgage Loan Officer to originate and service real estate loans while ensuring adherence to bank policies and regulations. You will build Realtor and builder relationships, participate in community outreach, and drive loan closures with a focus on quality and compliance.

Ideal candidates have a background in residential mortgage origination, strong communication skills, and a track record of meeting sales goals.

Qualifications

• High school diploma required.
• Bachelor’s degree in Finance, Accounting, Business, or a related field preferred.
• NMLS registration required.

Responsibilities

• Originate real estate loans from Realtor relationships, contractors, referrals, and via walk‑in or call‑in customers.
• Enter all originated loans into the Bank’s system and process for underwriting submission.
• Identify opportunities and provide financing sheets for listings and open houses.
• Attend weekend open houses and industry association meetings to network.
• Meet clients at branch locations and attend closing signing appointments as needed.

Skills

Negotiation

Presentation

Communication - Verbal & Written

Education

High school diploma

Bachelor's degree in Finance/Accounting/Business

NMLS registration

Job description

As a Mortgage Loan Officer with Banner Bank, you will be part of our Mortgage Lending team. This role is focused on originating and servicing real estate loans while ensuring compliance with all Bank policies and regulations.

Job Responsibilities

• Originate real estate loans from various sources: Realtor business developed through a structured outside‑calling program, contractors, referrals from branch personnel, the general public, and walk‑in or call‑in customers.
• Ensure all originated loans are entered into the Bank’s computer system and processed for underwriting submission.
• Identify opportunities and provide financing sheets for listings and Realtor/builder open houses.
• Attend weekend open houses, subdivisions, Realtor Association meetings, Builder Association meetings, and other networking events.
• Attend internal training sessions, internal sales meetings, and external training opportunities as assigned.
• Take applications or meet with clients at Bank branch locations and attend closing signing appointments as needed.
• Promote home ownership through community outreach, including first‑time home buyer classes, non‑profit community events, and inclusive marketing efforts in designated branch communities.
• Comply with Bank policies, procedures, security requirements, and all relevant government regulations.

Job Qualifications

• High school diploma required.
• Bachelor’s degree in Finance, Accounting, Business, or a related field preferred.
• NMLS registration required.
• 3+ years of experience in residential mortgage origination.
• Proven track record of consistently closing and funding loans to meet sales goals.
• Knowledge of mortgage loan origination processes, procedures, regulations, and underwriting guidelines.
• Effective presentation, verbal, written communication, and negotiation skills.
• Knowledge of current market competition, sales strategies, trends, and activity.
• Knowledge of federal and state laws and regulations related to real‑estate lending.

Compensation & Benefits

• Up to 20% commission.
• Monthly guarantee of $3,800 (excluding ramp‑up period).
• Excellent commission structure.
• Comprehensive employee benefits, including medical, dental, vision, LTD, STD, and life insurance.
• Paid vacation time, sick time, and eleven company paid holidays.
• 401(k) 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.