Loan Officer

About the role

PRMG is built by originators for originators and is consistently voted one of the best places to work. We focus on the areas that make an originator successful and have an unmatched culture. This position is commission-only and requires a licensed loan officer.

Responsibilities

• Develops and implements strategies to satisfy customer needs through a full array of mortgage products and services.
• Verifies, compiles, and inputs application information for mortgage loans.
• Discusses and advises clients on their home loan options.
• Reviews residential loan application files to ensure data is complete and meets establishment standards, including borrower assets, liabilities, and length of employment.
• Informs supervisor of discrepancies in title or survey.
• Uses judgment and discretion to ensure uninterrupted flow of business.
• Acts as a liaison between customers and internal departments to ensure cohesive business flow.
• Performs other related duties as assigned.

Requirements

• Current, valid NMLS license or appointment in good standing.
• Applicable state licensing.
• Must meet one of the following:
  • Actively funding more than 2 loans/month, or
  • Xinnix Training completion for Loan Origination, or
  • Origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month.

Skills

• Ability to make sound judgments on service, credit decisions, funding, and post-close issues.
• Problem-solving and independent judgment with a high degree of initiative.
• Ability to handle detailed assignments and maintain confidentiality.
• Excellent communication and interpersonal skills.
• Organizational skills to prioritize workload and delegate responsibility.

Benefits

• Comprehensive benefits package for full-time employees and dependents, including:
  • Medical, dental, and vision insurance.
  • Life insurance, short-term disability, and long-term disability.
  • Health Savings Account (HSA) and Flexible Spending Account (FSA).
  • Various other voluntary benefits (eligibility and elections apply).
• Eligibility to enroll in company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month after hire.
• Eligibility to enroll in 401(k) program after 60 days, subject to branch manager approval, on the first of the following month.
• Access to PRMG’s Internal and External Job Portal to apply for internal transfers.

Pay

Commission-only. Estimated earnings: $75,000.00 – $250,000.00 per year.

Schedule

• Must devote substantially more than 50% of working hours outside of any company office, home office, or other fixed site, meeting with customers and potential customers.
• May require travel.
• Sits and stands for extended time periods.