Senior Loan Officer - Mortgage

Bank-of-Hop; Bellevue (WA); On-site; USD 34,000 - 36,000; Full time

Benefits offered by this job

Bonus

Benefits

Job summary

Bank of Hope in Bellevue, WA is seeking a Mortgage Loan Officer to originate and process the bank's loan products and loans from bank-approved investors. The role requires registration in NMLS and ongoing compliance with Bank policies and procedures.

You will ensure accurate pricing, collect applicable fees, and adhere to federal, state, and local laws. The position offers a competitive hourly base with bonus and benefits, and supports ongoing professional education.

Job description

Bellevue
10430 NE 10th St
Bellevue, WA 98004, USA

• Sale of the Bank’s loan products and the loan products of Bank-approved investors or lenders.


• Development of new business and business sources for the Bank through its Branch network and marketing efforts.


• Development of new business and business sources for the Bank outside its Branch network


• Strengthening of an awareness of the Bank, its history and its services in customers and potential customers and in referral sources.


• A Mortgage Loan Officer must register in NMLS (Mortgage Loan Officer Full Name) and remain registered throughout the period he or she works for the Bank.


• A Mortgage Loan Officer may only secure loans through the Bank or the Bank-approved investors or lenders.


• A Mortgage Loan Officer must fully educate himself or herself on all applicable Bank policies and procedures and must strictly adhere to all such policies and procedures, including but not limited to those governing the provision of rate quotes and the locking of rates.


• A Mortgage Loan Officer must ensure full compliance with all applicable federal, state and local laws.


• All loans must be priced in accordance with the Bank of Hope-provided price sheet in effect at the time the Mortgage Loan Officer locks the loan.


• A Mortgage Loan Officer must timely collect all applicable fees as set forth in the Bank of Hope Corporate Fee Sheet then in effect, and a Mortgage Loan Officer may not waive any applicable fees without the prior written approval of [Branch or Regional Manager].
  
  

  • Application Fees: Must be collected at the time of providing service.

  
  

  • Appraisal Fees: Must be collected at the time of providing service.

  
  

  • Corporate Fees: All corporate fees, add-ons and/or up charges, as set forth in the Bank of Hope Corporate Fee Sheet must be collected.

  
  

  • Administrative Fees: The Bank charges an administrative fee associated with the closing of the loan.

  
  

• To ensure complete, accurate, and timely loan processing, data capture, and generation of business records, a Senior Mortgage Loan Officer may use only those data systems provided and used by the Bank; including but not limited to the loan origination system, prescribed automated underwriting systems (if applicable), and payroll and accounting systems. A Loan Officer may not use any other program or system without the prior written consent of Executive Vice President –Mortgage Lending.

The salary range for this full-time position is $16.50 - $17.50 hourly + bonus + benefits

Salary ranges are determined based on qualifications, level, and location.

Exact compensation may vary based on your skills and experience.

Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.

Qualifications

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Education

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Licenses & Certifications

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.