Loan Officer

Panorama Mortgage Group LLC; Duluth (GA); On-site; USD 60,000 - 90,000; Full time

Job summary

A mortgage lending company is seeking an Outside Loan Officer to source, qualify, and originate mortgage loans. The ideal candidate should have a current NMLS license and at least two years of mortgage banking experience. Responsibilities include complying with sales guidelines, educating borrowers about loan products, and maintaining communication throughout the loan process. This position offers flexibility with work hours and travel as needed, providing a competitive compensation package based on experience.

Qualifications

• Must have a current license through NMLS and be in good standing.
• Two years prior mortgage or mortgage banking experience.
• Reliable transportation, valid driver’s license, and current automotive insurance.

Responsibilities

• Source, qualify, and originate mortgage loans.
• Comply with outside sales obligations and guidelines.
• Monitor loan pipeline through Lenders Office.
• Educate borrowers on loan products and financing processes.
• Maintain regular contact with borrowers and realtors.

Skills

Knowledge of Freddie Mac (FHLMC)

Knowledge of Fannie Mae (FNMA)

Knowledge of FHA and VA loans

Excellent phone and service skills

Sound judgment and decision-making skills

Develop and maintain relationships

Ability to work under pressure

Education

Must have a current license through NMLS

Two years prior mortgage or banking experience

Job description

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.

Requirements

Education/Experience

• Able to comply with the policies and procedures outlined in the Company Handbook
• Must have a current license through NMLS and be in good standing
• Knowledge of Freddie Mac (FHLMC), Fannie Mae (FNMA), FHA, and VA
• 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
• Develop and maintain relationships within the real estate community
• Timely communication and response times according to department standards

Travel

• As needed travel internationally between United States and Mexico to meet business needs.

Language

• English preferred, Bi‑Lingual (English/Spanish) desired.

Compensation

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

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.