Top-producing loan officers have an outsized impact on a lender’s bottom line, but companies who want to compete for talent at this level need to understand what factors are in play for attracting these LOs and what will keep them happy in the long term.
That’s why we’re excited to feature the No. 1 originator in the nation, Shant Banosian, vice president of lending at Guaranteed Rate, at our engage.talent event in Dallas on Feb. 6. As part of our panel on Recruiting and Retaining Top Originators, Banosian will talk about the technology and support that helped him close 1,906 units and fund $914 million in loans in 2019 alone.
Banosian has been in the mortgage business for more than a decade and has a career volume of more than $3 billion in funded loans. He was recently ranked as the No. 1 Loan Originator in the U.S. for 2017 and 2018 by Scotsman Guide for Most Loans Closed, and additionally in 2018 for Top Dollar Volume and Top Purchase Volume.
Banosian, who has been with Guaranteed rate for more than 12 years, was also ranked as the No. 1 Loan Originator in America (total volume + units) as listed by Mortgage Executive Magazine for 2017 and 2018. He has been the No. 1 Loan Originator in Massachusetts (by volume) each year consistently since 2013, according to Banker and Tradesman. Banosian has also been featured on Mortgage Professional of America’s Young Guns list of Mortgage Professionals Under 35 for the last three years.
After several years as a Guaranteed Rate President’s Club member, he was named to the prestigious Chairman’s Circle, an exclusive club for top producers who exceed $100 million in annual loan volume, in 2015, 2016, 2017, 2018 and 2019.