Mortgage Loan Officer
About The Position
Mutual of Omaha Mortgage is hiring a Mortgage Loan Officer for its on-site Portland, Oregon location. The company is a full-service lender offering forward and reverse mortgage products, residential mortgages, refinancing, specialty loans, and HECM loans. The Loan Officer supports retail branch operations by building quality relationships with realtors and borrowers and originating and processing loan applications. Under intermittent supervision, the role includes providing loan disclosures and reviewing files for completeness, accuracy, and compliance with applicable guidelines. The Loan Officer promotes the company’s mortgage products and programs, serves as a primary contact for clients and realtors, responds to questions about applications, and communicates timelines to everyone involved. The position also involves identifying client needs, gathering and reviewing loan documentation, resolving issues to support timely closings, generating business, keeping current on industry trends and loan programs, and meeting production and quality standards. Compensation is a state/local minimum-wage base hourly rate plus commissions; the posting also describes uncapped earnings potential.
Requirements
- 2–3 years of experience as a loan officer.
- Product knowledge and understanding of the mortgage business.
- Energetic, outgoing, and persuasive demeanor.
- Demonstrated ability to cultivate and develop relationships with realtors, builders, attorneys, accountants, and others.
- Ability to quickly identify customers’ goals and objectives.
- Strong ability and passion for closing deals and negotiating.
- Flexible and adaptable, able to learn and react quickly in a fast-paced environment, and able to multitask.
- Excellent computer skills and working knowledge of Microsoft Office products.
- Proven recent history of meeting loan production requirements.
Nice To Haves
- Individual NMLS license preferred.
Responsibilities
- Promote Mutual of Omaha’s mortgage products, services, and programs.
- Provide exemplary customer service as the primary contact for clients and realtors.
- Identify clients’ current and future needs and understand their goals and objectives.
- Answer questions about clients’ applications for all parties involved.
- Ensure timelines are met and communicated to all parties.
- Gather and review necessary loan application documentation.
- Solve problems to support timely loan closings.
- Comply with company and regulatory rules.
- Participate in activities that generate business.
- Keep abreast of industry trends and advise clients and realtors about available loan programs and guidelines.
- Maintain minimum production and quality standards.
Benefits
- 40 hours of paid sick time after 90 days of employment, with state sick-time requirements added as needed.
- 9 paid holidays and 1 floating cultural celebration day.
- Multiple PPO medical plans and an HDHP-eligible plan.
- Dental coverage.
- Vision coverage.
- Company-paid life insurance.
- Optional life insurance.
- FSA.
- Pet insurance.
- 401(k) with employer match.
- Free legal services.
- Employee loan program.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
