Loan Officer

Job Details

Job Location

200010 - Las Vegas, NV

Position Type

Full Time

Education Level

High School

Travel Percentage

Road Warrior

Job Shift

Any

Job Category

Sales

Description

Position Overview :

The Outside Loan Officer's primary role is to source, qualify and originate mortgage loans for 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.

Key Responsibilities :

• 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 assure that you are issuing pre-approvals according to guidelines.
• Monitor loan pipeline through Lenders Office.
• Monitor productivity via reporting tools.
• Ensure compliance with all government and regulatory requirements.
• Loan Officer shall determine his or her hours or work.
• Loan Officers are not required to work any specific number of hours per week and when you do work it is at your discretion.
• Take information from the prospective borrower and complete the loan application form.
• Set yearly goals / attend meetings with manager.
• Educate borrowers / communicate on a regular basis with borrowers, listing brokers and selling brokers.
• Analyze the prospective borrower's income and debt and pre-qualify the prospective borrower to determine the maximum mortgage amount that the prospective borrower can afford.
• Educate the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available and demonstrating how closing costs and monthly payments could vary under each product.
• Maintain regular contact with the borrower, realtors and the Company between the time of the application and closing to apprise them of the status of the application and gather any addition information.
• Collect financial information (tax returns, bank statements) and other related documents that are part of the application process.
• Order in file credit report, when required by the Company.
• Determine whether the property is in a flood area, where required by the Company.
• Attend the closing of the mortgage loan, if requested by the company.
• Under no circumstances shall the Loan Officer be compensated greater than 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.

Qualifications

Education / Experience :

Travel :

Language :

Compensation :

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