Mortgage Loan Officer at Banner Bank

Pullman, Washington, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Mortgage, Financial ServicesIndustries

Requirements

H.S. Diploma required
Bachelor's Degree in Finance, Accounting, Business, or other related field preferred
NMLS registration required
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
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
Ability to travel up to 20%

Responsibilities

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 (e.g., conduct first time home buyer classes at or in close proximity to branch, host booths at non-profit community events)
Comply with policies, procedures, security requirements, and government regulations

Skills

Key technologies and capabilities for this role

Loan OriginationMortgage LendingReal Estate LoansLoan ProcessingUnderwritingRealtor NetworkingCustomer ReferralsFinancing SheetsOpen HousesBanking Systems

Questions & Answers

Common questions about this position

What is the salary for the Mortgage Loan Officer position?

This information is not specified in the job description.

Is this a remote position or does it require working in an office?

This information is not specified in the job description.

What experience and skills are required for this role?

The role requires 3+ years of experience in residential mortgage origination, proven history of success in consumer mortgage lending, H.S. Diploma (Bachelor's Degree preferred), and NMLS registration.

What is the company culture like at Banner Bank?

Banner Bank emphasizes core values of listen, learn, and help businesses and individuals reach their goals, with a focus on financial strength, community involvement through employee volunteerism and donations, and being part of an award-winning Mortgage Lending team.

What makes a strong candidate for the Mortgage Loan Officer role?

A strong candidate will have 3+ years of residential mortgage origination experience, a proven track record of success, NMLS registration, and the ability to originate loans from various sources while engaging in community outreach.

Banner Bank

Provides banking services and financial products

About Banner Bank

Banner Bank provides a variety of financial services to individuals and businesses in the Western United States, including checking and savings accounts, loans, mortgages, and investment services. The bank operates over 200 locations across Washington, Oregon, California, and Idaho, managing assets of more than $12.6 billion. Its products work by offering tailored financial solutions and expert guidance to meet the specific needs of each client, ensuring personalized service. Unlike many competitors, Banner Bank emphasizes quality, teamwork, and community involvement, which has earned it accolades such as being named the Best Bank in the Pacific Region by Money Magazine and receiving a five-star rating from Bauer Financial for financial strength. The goal of Banner Bank is to provide exceptional financial services while fostering strong community ties and ensuring customer satisfaction.

Walla Walla, WashingtonHeadquarters

1890Year Founded

IPOCompany Stage

Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Risks

Increased competition from digital-only banks may erode market share.

Rising interest rates could decrease loan demand, affecting revenue.

Evolving cybersecurity threats pose risks to customer data security.

Differentiation

Banner Bank emphasizes community involvement and personalized customer service.

The bank has been recognized as one of America's Most Trustworthy Companies.

Banner Bank offers tailored financial solutions to meet diverse client needs.

Upsides

Banner Bank's focus on ESG practices attracts environmentally conscious customers.

The bank's strong community ties enhance customer loyalty and brand reputation.

Recognition as a trustworthy company boosts customer confidence and retention.

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