Inside Loan Officer

Panorama Mortgage Group LLC; Kansas City (MO); On-site; USD 60,000 - 90,000; Full time

Job summary

A mortgage group in Kansas City is seeking an Inside Loan Officer to source, qualify, and originate mortgage loans. The ideal candidate must have a current NMLS license and two years of mortgage or banking experience. Responsibilities include monitoring the loan pipeline, educating prospective borrowers about loan products, and ensuring timely communication. The position offers a competitive compensation package and the ability to work under minimal supervision.

Qualifications

• Must have a current license through NMLS and be in good standing.
• Two (2) years prior mortgage or mortgage banking experience.
• Ability to work under pressure with minimal supervision.
• Ability to deliver results and meet deadlines.
• Proven history of meeting or exceeding sales goals.

Responsibilities

• Source, qualify, and originate mortgage loans.
• Monitor loan pipeline through Lenders Office.
• Educate prospective borrowers on loan products.
• Take borrower information and complete loan applications.
• Analyze income and debt to pre-qualify and determine max mortgage amount.
• Educate borrowers on loan products and closing costs.

Skills

Sales goals achievement

Effective communication

Decision-making skills

Knowledge of mortgage products

Knowledge of loan products

Education

Current NMLS license

Two years mortgage experience

Job description

The Inside Loan Officer’s primary role is to source, qualify and originate mortgage loans for Panorama Mortgage Group.

Key Responsibilities

• Monitor loan pipeline through Lenders Office.
• Attend weekly sales meetings.
• Take information from the prospective borrower and complete the loan application form.
• 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.
• Perform basic office functions including taking phone calls, scheduling meetings for loan officers, and making copies.
• Stack file for processing.
• 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.
• Assist in collecting missing documentation for completion of loan files from borrowers.
• 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 Inside Loan Officer be compensated greater than the amount negotiated in the Inside Loan Officer Compensation Agreement.
• Able to comply with the policies and procedures outlined in the Company Handbook
• Perform other duties as assigned.

Qualifications

• Must have a current license through NMLS and be in good standing
• Knowledge of Freddie Mac (FHLMC), Fannie Mae (FNMA), FHA, and VA
• Knowledge of the principles and theories
• Two (2) years prior mortgage or mortgage banking experience
• Ability to deliver effective results and to 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
• Timely communication and response times according to department standards

Compensation

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