Mortgage Loan Officer

About Banner Bank

Banner Bank boasts over 135 years of trusted service, guided by enduring core values of listening, learning, and assisting individuals and businesses to achieve their financial objectives. Recognized as a Great Place to Work for its exceptional workplace culture, Banner Bank maintains financial robustness with over $16 billion in assets distributed across 135 branches in Washington, Oregon, Idaho, and California. Committed to community impact, the bank actively supports volunteerism and provides substantial donations to local organizations annually.

Role Overview

As a Mortgage Loan Officer, you will join Banner Bank's acclaimed Mortgage Lending team, awarded the 2020 Residential Diversity and Inclusion Leadership Award by the Mortgage Bankers Association. Your primary role involves originating real estate loans through varied channels, ensuring adherence to the bank's standards of economic value and operational security, and contributing to the bank's sustained profitability.

Responsibilities

• Generate real estate loan business through realtor networks, contractor referrals, branch personnel recommendations, and direct customer engagement.
• Set up loan applications accurately within the bank's systems and facilitate their progression to underwriting.
• Develop financing presentations for listings and attend open houses or subdivisions to solicit loan prospects.
• Participate in Realtor and Builder Association meetings regularly to foster networking and business opportunities.
• Attend both internal training programs and external sessions to enhance knowledge and skills.
• Meet with clients at branch locations to discuss loan applications and participate in closing appointments as necessary.
• Engage in community outreach initiatives promoting home ownership, such as conducting first-time homebuyer classes and representing the bank at community events.
• Ensure full compliance with all relevant policies, security standards, and government regulations.

Qualifications and Experience

• Minimum high school diploma required; Bachelor's degree in Finance, Accounting, Business, or related field preferred.
• Mandatory registration with the Nationwide Multistate Licensing System (NMLS).
• At least three years' experience in residential mortgage origination is essential.
• Demonstrated success in consistently closing and funding loans to meet sales targets.
• Comprehensive understanding of mortgage origination processes, regulatory requirements, and underwriting standards.
• Strong communication, presentation, and negotiation abilities.
• Awareness of market competition, current sales tactics, trends, and real estate lending laws at the federal and state level.

Work and Travel Requirements

• Willingness to travel up to 20% of the time as required.

Compensation and Benefits

• Assured monthly guarantee of $3,800 post ramp-up period.
• Competitive commission plan to reward performance.
• Comprehensive benefits package including medical, dental, vision, long-term and short-term disability, and life insurance.
• Paid vacation, sick leave, and 11 paid company holidays.
• 401(k) retirement plan with up to 4% company match.
• Opportunities for tuition reimbursement to support professional development.

Additional Information

Banner Bank is dedicated to fostering a diverse and inclusive work environment and ensures equal employment opportunities for all qualified individuals without discrimination. The bank does not accept unsolicited resumes from recruitment agencies without a formal agreement. Applicants are encouraged to review the bank's consent and privacy policies prior to applying.