Loan Officer

$25,000 - $250,000/Yr

Paramount Residential Mortgage Corp - Wyomissing, PA

Part-time - Entry Level

Wyomissing, PA

Credit Intermediation and Related Activities

About the position

As a Loan Officer at PRMG, you will be part of a dynamic team that is dedicated to helping clients navigate the complexities of residential mortgage financing. PRMG prides itself on being built by originators for originators, which means that we understand the unique challenges and opportunities that come with this role. Our culture is unmatched, and we focus on the areas that make an originator successful. You will be responsible for developing and implementing strategies that satisfy customer needs through a full array of products and services. This position requires a strong emphasis on organization, coordination, and communication, as you will act as a liaison between customers and the company's internal departments to ensure a cohesive business flow. In this role, you will spend a significant amount of time outside of the office, meeting with customers and potential clients to discuss their home loan options. You will verify, compile, and input application information for mortgage loans, ensuring that all data is complete and meets established standards. Your ability to communicate effectively, both verbally and in writing, will be crucial as you advise clients on their options and inform supervisors of any discrepancies in title or survey. This position also requires a current, valid NMLS license or appointment in good standing, as well as a commitment to maintaining high standards of service and confidentiality.

Responsibilities

• Verifies, compiles, and inputs application information for mortgage loans.
• Discuss and advise the client of their home loan options.
• Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage applied for, including but not limited to borrower assets, liabilities, and length of employment.
• Informs supervisor of discrepancies in title or survey.
• Performs other related duties as assigned.

Requirements

• Must have applicable state licensing.
• Two to five years' experience are preferred.
• Must meet one of the following options: actively funding more than 2 loans/month, Xinnix Training completion for Loan Origination, or have an origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month.

Nice-to-haves

• Experience with residential mortgage financing.
• Familiarity with office equipment such as computer terminals, copiers, and FAX machines.