Loan Officer

Overview

The Outside Loan Officer’s primary role is to source, qualify and originate mortgage loans by working primarily outside the Company’s offices to solicit and obtain business from referral sources such as realtors, builders, financial service providers and others as well as borrowers directly.

• Comply with outside sales and reporting obligations, duties, requirements and guidelines.
• Produce loans according to targets set by manager.
• Uphold the integrity of the brand.
• Must be familiar with originating loans.
• Properly qualify consumers and issue pre-approvals according to guidelines.
• Monitor loan pipeline through Lenders Office.
• Monitor productivity via reporting tools.
• Ensure compliance with all government and regulatory requirements.
• Determine hours of work.
• Work hours are not required to be a specific number per week and may be at your discretion when you work.
• Take information from the prospective borrower and complete the loan application form.
• Set yearly goals and attend meetings with the manager.
• Educate borrowers and communicate regularly with borrowers, listing brokers and selling brokers.
• Analyze the prospective borrower’s income and debt and pre-qualify the borrower to determine the maximum mortgage amount they can afford.
• Educate the prospective borrower in the home buying and financing process, explain different loan products and demonstrate how closing costs and monthly payments could vary under each product.
• Maintain regular contact with the borrower, realtors and the Company between application and closing to keep them informed of status and to gather additional information.
• Collect financial information (tax returns, bank statements) and other documents that are part of the application process.
• Order in-file credit reports when required by the Company.
• Determine whether the property is in a flood area, when required by the Company.
• Attend the closing of the mortgage loan, if requested by the company.
• Be mindful that compensation shall not exceed the amount negotiated in the Loan Officer Compensation Agreement.
• Able to comply with the policies and procedures outlined in the Company handbook.
• Perform other duties as assigned.

• Able to comply with the policies and procedures outlined in the Company Handbook.
• Must have a current license through NMLS and be in good standing.
• Knowledge of Freddie Mac (FHLMC), Fannie Mae (FNMA), FHA, and VA.
• Two (2) years prior mortgage or mortgage banking experience.
• Ability to deliver effective results and meet deadlines.
• History of exceeding sales goals.
• Reliable transportation, valid driver’s license and current automotive insurance.
• Sound judgment and decision-making skills.
• Ability to work under pressure and meet deadlines with minimal supervision.
• Excellent phone and service skills.
• Develop and maintain relationships within the real estate community.
• Timely communication and response times according to department standards.

• As needed travel internationally between United States and Mexico to meet business needs.

• English preferred, Bi-Lingual (English/Spanish) desired.

• PMG will offer a competitive compensation package commensurate with the background and experience of the applicant.

AAP/EEO Statement:
Panorama Mortgage Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, physical or mental disability, protected veteran status, or any other characteristic protected by applicable federal, state law.