Mortgage Loan Officer

Banner Bank; Yakima (WA); On-site; USD 45,000 - 60,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

Paid vacation and holidays

401k with up to 4% match

Tuition reimbursement

Job summary

A leading financial institution is seeking a Mortgage Loan Officer in Yakima, WA to originate real estate loans and promote home ownership through community outreach. Required qualifications include a high school diploma, NMLS registration, and at least 3 years of experience in mortgage origination. Competitive compensation includes a monthly guarantee and excellent commission structure. The role entails client meetings at bank branches and community events to support new loans.

Qualifications

• 3+ years of experience in residential mortgage origination required.
• 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.

Responsibilities

• Originate real estate loans from various sources.
• Ensure loans are processed for submission to underwriting.
• Promote home ownership through community outreach efforts.

Skills

Loan origination

Communication skills

Negotiation skills

Knowledge of regulations

Sales strategies

Education

H.S. Diploma

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

NMLS registration

Job description

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 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

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.