Community Home Loan Officer CA/NV

Loan Operations Roseville, California NA, California NA, Nevada


About Us:

Umpqua Bank is a publicly traded financial holdings company which offers banking, lending, and wealth management services to our personal, business, and commercial customers. Headquartered in Lake Oswego, Oregon with 4,000+ employees and operations across Oregon, Washington, California, Idaho, Arizona, Colorado, and Nevada. It’s an especially exciting time to join our team as, upon the completion of the merger with Columbia Bank, we grow to become a leading western regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

About the Role:

In this role, you will originate residential mortgage loans through solicitation and developing relationships with non-profit housing organizations, real estate professionals, builders, and other business referral sources. You will work in partnership with Umpqua Community Lending Group to have significant market share in ethnic, minority, and first-time homebuyers in low- and moderate-income communities. You will employ a full range of programs and services to capitalize on current and future market opportunities in those specific markets. In addition, you will maintain a quality network of business relationships that serve as recurring sources of referrals for new mortgage lending opportunities and growth for the bank that are primarily self-generated.

  • Manage outside sales and origination of self-generated residential mortgages. You will be customarily and regularly involved in activities related to originating/selling loans away from the office.
  • Develop and execute business development and marketing plan based on monthly and quarterly production standards. You will work to constantly improve performance and exceed minimum monthly standards as set forth in the compensation schedule.
  • May support Community Lending Group and Regional Home Lending management in the design of tactical marketing plans to maximize ethnic, minority, first time homebuyer, and low to moderate income lending market share in their areas including assessing the need for additional Home Lending Officers generating loans to Community Lending consumers.
  • Conduct interviews with prospective borrowers to analyze financial and credit data, determines customer financing objectives, advises customer on product/pricing policies and guidelines, and gathers all additional required information in order to complete an error free disclosure to the customer. You will analyze the various mortgage products available to the customer based on the information provided.
  • Ensure exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures, and regulatory requirements, demonstrating a commitment to professional ethics, and complying with all Federal and State compliance policies.
  • Obtain all required documentation as required (i.e., appraisals, title reports, financial information, pulling credit), by taking complete applications, analyzing information and is accurate with supporting documentation to allow a seamless disclosure, process, and approval on the loan file.
  • Maintain overall responsibility for the loan file and documentation through processing underwriting, closing, funding and post-closing by following the transaction through to its conclusion.
  • Convey to customers and other associates the advantages of the company and various financial products the company offers through other areas of the bank.
  • Complete annual training requirements including all BVS courses before due dates and participate in any system or system related training throughout the year.
  • Demonstrate compliance with all bank regulations that apply to your position and keep up to date on regulation changes.
  • Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations that apply to your position.
  • May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

About You:

  • Bachelor’s Degree in business, finance, or equivalent, required. 
  • Minimum of 5 years of extensive knowledge of mortgage products, policies and procedures, underwriting requirements, governmental and conventional loan requirements as would normally be acquired through five plus years of experience in mortgage banking self-generated origination/sales and structuring experience., required.
  • Previous mortgage self-generated origination/sales and structuring experience required.
  • Demonstrated knowledge of the home lending industry, including processing, underwriting, closing, and funding loan.
  • Demonstrated knowledge of CRA/Fair Lending programs and practices with a particular focus around implementing down payment assistance, mortgage credit certificates (MCC), bond, and other programs designed to assist first-time and low-to-moderate income borrowers.
  • Familiarity and demonstrated production results using FANNIE MAE, FREDDIC MAC, and GINNIE MAE products and services.
  • Excellent analytical and problem-solving skills.
  • Experience collecting and analyzing borrower income and negotiating skills.
  • Demonstrated ability to develop new and sustainable referral sources and generate leads.
  • Excellent written and verbal communication.
  • Bilingual, preferred.
  • Ability to organize and prioritize, manage, and perform multiple tasks.
  • Proficiency with personal computers and related software packages such as Word and Excel.
  • Must be registered as a MLO as per the S.A.F.E. Act requirements.
  • This position requires you to act as a Bank MLO, which is defined as an individual authorized by the Bank to take mortgage loan applications, offer a mortgage, arrange a mortgage, assist a consumer in obtaining or applying to obtain a mortgage, negotiate a mortgage, otherwise obtain or make a mortgage for another person, represent to the public (through advertising or other means of communication) that such person can or will perform any of these activities, or refer a consumer to a loan originator (Note: Except those employees of the Bank who do not discuss particular credit terms available and do not refer the consumer, based on the employee’s assessment of the consumer’s financial characteristics to a particular Bank MLO) for compensation or gain.  All MLOs will be required to register as an MLO complying with the SAFE Act requirements.
  • This position is authorized to act as a Bank Closed-End MLO, which is defined as any position designated to perform the activities of a Bank MLO for closed-end transactions, and thus subject to specific Truth-in-Lending Act and Regulation Z Loan Originator requirements.

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay rate for this role is $60,000.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an 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, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.