Loan Officer Part Time

Primary Residential Careers•Newark, DE

About The Position

The purpose of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong business network of referrals. It is the responsibility of a Loan Officer to analyze a borrower’s financial and credit data to determine creditworthiness and the probability of financial security in repayment efforts. Develops new business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc. Develops solid PRMI product knowledge and offers clients the best mortgage products to match client needs Reviews application information, requesting specific supporting documentation as needed/required based on loan investor guidelines Analyzes and exercises independent judgment and discretion in advancing PRMI’s business objectives and the interests of PRMI’s customers regarding significant financial decisions Carries out major assignments affecting business operations of the employer or the employer’s customers through: collecting and analyzing information regarding the customer’s income, assets, investments, or debts analyzing applicant data, credit and collateral property value determining which financial products best meet the customer’s needs and financial circumstances providing advice to the customer regarding the advantages and disadvantages of available financial products marketing, servicing, or promoting the employer’s financial products Completes necessary CE in a timely manner and remains current on local developments and trends within the real estate and mortgage industries Provides origination services in the state of licensure Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities Corresponds, communicates, and coordinates with clients, in-house support staff, and external service providers to facilitate timely closings

Requirements

Exceptional customer service skills with a strong attention to detail
Excellent written and verbal communication skills
Strong computer skills to include a working knowledge of MS Office
Ability to comprehend and analyze financial information
Ability to effectively communicate and present complex financial information while fielding and responding to questions from applicants, support staff, and management
Ability to pass a required background check
Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting.
Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies.

Nice To Haves

Sales experience in the mortgage industry is preferred
Familiarity with mortgage processes, procedures, rules, regulations, and compliance
Established contact and referral list within the real estate and mortgage industries preferred

Responsibilities

Proactively solicit new residential mortgage clients
Develop and cultivate a strong business network of referrals
Analyze a borrower’s financial and credit data to determine creditworthiness
Develop new business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc.
Develop solid PRMI product knowledge and offers clients the best mortgage products to match client needs
Reviews application information, requesting specific supporting documentation as needed/required based on loan investor guidelines
Analyzes and exercises independent judgment and discretion in advancing PRMI’s business objectives and the interests of PRMI’s customers regarding significant financial decisions
Carries out major assignments affecting business operations of the employer or the employer’s customers
Completes necessary CE in a timely manner and remains current on local developments and trends within the real estate and mortgage industries
Provides origination services in the state of licensure
Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities
Corresponds, communicates, and coordinates with clients, in-house support staff, and external service providers to facilitate timely closings