HL Loan Officer

Columbia Bank•Tacoma, WA

7d•Onsite

About The Position

Originates residential mortgage loans through solicitation and relationship development with real estate professionals, builders, internal partners, and other business referral sources. Builds a quality network of recurring referral sources, primarily through self-generated business, and is responsible for outside sales and origination of self-generated residential mortgages. The role customarily involves loan-originating and selling activities away from the office. The Loan Officer develops and executes business-development and marketing plans to meet monthly and quarterly production standards and works to exceed minimum monthly standards set by the compensation schedule. Interviews prospective borrowers to assess financial and credit information, identify financing objectives, explain product and pricing policies, and collect information needed for accurate disclosures. Evaluates available mortgage products, gathers required documentation, and maintains responsibility for the loan file from application through processing, underwriting, closing, funding, and post-closing. Provides exceptional customer service while maintaining knowledge of lending programs, procedures, and regulatory requirements, and follows professional ethics and applicable federal and state compliance policies. The position also promotes the bank and its financial products, completes required training, keeps current on regulatory changes, and may coach, mentor, or train others. Occasional travel is required. The role is commission-based only, with possible performance-based incentive compensation. It is authorized to act as a Bank Closed-End Mortgage Loan Originator and must comply with SAFE Act registration requirements.

Requirements

At least 2 years of mortgage self-generated origination, sales, and structuring experience.
Demonstrated knowledge of the home lending industry, including loan processing, underwriting, closing, and funding.
Excellent analytical and problem-solving skills.
Experience collecting and analyzing borrower income and negotiating.
Ability to develop new, sustainable referral sources and generate leads.
Excellent written and verbal communication skills.
Ability to organize, prioritize, manage, and perform multiple tasks.
Detail-oriented and able to meet strict deadlines.
Ability to work effectively with individuals and groups across the company and manage internal and external customer relationships.
Proficiency with personal computers and software such as Word and Excel.
Must be registered as a Mortgage Loan Originator (MLO) in accordance with SAFE Act requirements.
Must comply with requirements for a Bank Closed-End MLO, including applicable Truth-in-Lending Act and Regulation Z Loan Originator requirements.

Nice To Haves

High school diploma/GED, vocational training, or equivalent (preferred).
Bachelor's degree in business, finance, or equivalent (preferred).

Responsibilities

Originate and sell self-generated residential mortgage loans through outside sales and referral relationships.
Develop and maintain recurring referral sources among real estate professionals, builders, internal partners, and other business contacts.
Develop and execute business-development and marketing plans in line with monthly and quarterly production standards.
Interview prospective borrowers, assess financial and credit data, determine financing objectives, and advise on mortgage products and pricing.
Collect applications and required documentation, including appraisals, title reports, financial information, and credit information, to support accurate disclosures and loan processing.
Maintain responsibility for loan files and documentation through processing, underwriting, closing, funding, and post-closing.
Provide customer service while maintaining knowledge of lending programs, policies, procedures, and regulatory requirements.
Promote the bank and its financial products offered through other areas of the bank.
Complete annual and system-related training, including required BVS courses, by applicable deadlines.
Follow bank policies, compliance regulations, and required procedures; maintain knowledge of applicable regulations and written policies.
May coach, mentor, or train others and teach coursework as a subject matter expert.
Demonstrate and foster Columbia Bank's corporate culture and take personal initiative as a positive example.
Perform other duties as assigned.

Benefits

Eligible associates receive medical, dental, and vision coverage.
401(k) retirement savings plan with employer match for qualifying associate contributions.
Employee assistance program.
Life insurance.
Disability insurance.
Tuition assistance.
Mental health resources.
Identity theft protection.
Legal support.
Auto and home insurance.
Pet insurance.
Access to an online discount marketplace.
Paid vacation, sick days, volunteer days, and holidays.
Benefits eligibility begins the first day of the month following hire for associates regularly scheduled to work at least 30 hours weekly.