Loan Officer

Paramount Residential Mortgage Group•Lakeville, MN

18h•$250,000

About The Position

PRMG is seeking a Loan Officer to help customers obtain residential mortgage financing. The role focuses on developing and implementing strategies to meet customer needs through the company's products and services, coordinating business activity, and communicating with customers and internal departments. The Loan Officer works substantially more than 50 percent of working hours outside a Company office, home office, or other fixed site, meeting with customers and prospective customers seeking residential mortgage financing. The position verifies, compiles, and enters mortgage loan application information; advises clients about home loan options; and reviews residential loan files for completeness and compliance with established standards, including information about the requested mortgage, borrower assets and liabilities, and employment history. The Loan Officer informs a supervisor of title or survey discrepancies and performs other related duties as assigned. Travel may be required.

Requirements

Current, valid NMLS license or appointment in good standing.
Applicable state licensing.
Meet at least one of the following: actively fund more than 2 loans per month; complete Xinnix Training for Loan Origination; or have an assigned origination mentor at the branch who funds more than 2 loans per month, under the PRMG Loan Officer Mentor Agreement.
Ability to make sound judgments when resolving service, credit decision, funding, and post-close issues.
Ability to problem-solve and exercise independent judgment while displaying 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.

Nice To Haves

Two to five years of experience are preferred.

Responsibilities

Develop and implement strategies to satisfy customer needs through the company's products and services.
Use judgment and discretion to help ensure an uninterrupted flow of business.
Communicate verbally and in writing with coworkers and customers, serving as a liaison between customers and internal departments.
Use office equipment such as computer terminals, copiers, and fax machines.
Meet with customers and prospective customers seeking residential mortgage financing, spending substantially more than 50 percent of working hours outside a Company office, home office, or other fixed site.
Verify, compile, and enter mortgage loan application information.
Discuss and advise clients about home loan options.
Review residential loan application files for completeness and compliance with established standards, including the requested mortgage type and amount, borrower assets and liabilities, and length of employment.
Inform a supervisor of discrepancies in title or survey.
Perform other related duties as assigned.
Travel when required.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Short-term disability
Long-term disability
Health Savings Account (HSA)
Flexible Spending Account (FSA)
401(k) program
Access to PRMG's Internal and External Job Portal to request a transfer to a different department or position