Mortgage Loan Officer

Banner Corp.; Issaquah (WA); On-site; USD 669,600 - 892,800; Full time

Benefits offered by this job

Monthly guarantee of $3,800

Excellent commission structure

Comprehensive employee benefits

Paid vacation time and holidays

401k with up to 4% match

Tuition reimbursement

Job summary

Banner Corp. is looking for a Mortgage Loan Officer in Issaquah, Washington. The role involves originating real estate loans, managing client relationships, and promoting home ownership. Candidates should have at least 3 years of experience and relevant education including an H.S. Diploma and options for higher degrees. The position offers a monthly guarantee of $3,800, excellent commission structure, and comprehensive benefits including medical, dental, and 401k matching.

Qualifications

• 3+ years in residential mortgage origination required.
• Proven history of success in consistent closing and funding of loans.
• Knowledge of current market competition and trends.

Responsibilities

• Originate real estate loans and ensure they meet Bank standards.
• Promote home ownership through community outreach efforts.
• Attend training sessions and account closure signing appointments.

Skills

Sales goals achievement

Effective communication

Negotiation skills

Knowledge of lending regulations

Education

H.S. Diploma

Bachelor's Degree in Finance or related field

NMLS registration

Job description

Mortgage Loan Officer

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 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

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.