Associate Loan Originator, NE

PrimeLending, A PlainsCapital Company; Sparks (NV); On-site; USD 45,000 - 65,000; Full time

Job summary

PrimeLending, A PlainsCapital Company is seeking a Loan Originator in Sparks, Nevada to promote financial products and build relationships with real estate professionals and clients. The role involves managing loan transactions, negotiating terms, and ensuring compliance with regulations.

Candidates are required to have a high school diploma, a valid driver’s license, and at least 6 months of loan origination experience. This position is key in facilitating client relationships and enhancing business opportunities.

Qualifications

• 6 months loan originator experience required.
• Valid driver’s license and automobile liability insurance are necessary.
• Active participation in the community and job-related organizations is essential.

Responsibilities

• Market and promote financial products.
• Build and maintain relationships with realtors and clients.
• Handle loan volume efficiently as directed by team leads.
• Collect and analyze customer information for loan applications.
• Negotiate terms and conditions of loans.
• Stay updated on mortgage rules and regulations.

Skills

Presentation and communication skills

Judgment and decision-making

Data assessment and processing

Education

High school diploma or equivalent

Job description

Responsibilities

• Markets and promotes PrimeLending’s financial products.
• Associate Originators will not be subject to the minimum personal production standards for Loan Originators in order to qualify for a team relationship.
• Establishes and maintains relationships with realtors, bank officers, builders and new home sales representatives in order to develop and retain existing business; and by visiting subdivisions as required if partnering with lead/primary loan originator.
• Handles loan volume as directed by team lead/primary loan originator in a timely and efficient manner, while obtaining working knowledge of Company products as well as private and Government insured mortgage guidelines.
• Monitors overall customer interaction and interfaces with all parties involved on each individual loan from application to closing, including but not limited to counseling and pre-qualifying potential home buyers.
• Collects and analyzes information regarding the customer’s income, assets, investments or debts.
• Schedules appointments with potential customers for the team.
• Interacts and interfaces with all parties involved in each individual loan transaction from application to closing.
• Obtains all necessary support documents including the appropriate fees and collects additional documents and promptly communicates loan status to all interested parties. Obtains remaining or uncollected loan documentation after closing.
• Negotiates terms and conditions of loans with customers.
• Stays abreast of changes in rules and regulations pertaining to private and government insured mortgages.
• Maintains a professional image and adheres to standards consistent with company policies and procedures.
• Meets customer service standards as outlined by management.
• Other functions as needed.

Qualifications

• High school diploma or equivalent and appropriate licenses as required by state.
• Valid driver’s license and current automobile liability insurance.
• A minimum of 6 months loan originator experience required.
• Interacts with regional & corporate departments, as well as realtors, sales agents, builders and appraisers.
• Demonstrated judgment and decision making ability. Excellent and effective presentation and communication skills, both verbal and written.
• Ability to quickly assess and process large amounts of data and use appropriate AU software technology.
• Must be active in the community and in those job-related organizations to enhance the network of beneficial contacts.
• Continue to expand knowledge of issues influencing the industry and the organization.
• *In accordance with the US Department of Labor Regulations Part 541-Exemptions under the Fair Labor Standards Act (FLSA) Section 13 (a)(1) employees who meet certain tests will qualify for Exempt Status.