Loan Originator

PrimeLending, A PlainsCapital Company; South Jordan (UT); On-site; USD 50,000 - 70,000; Full time

Job summary

PrimeLending, A PlainsCapital Company, located in South Jordan, Utah, is seeking a Loan Officer to evaluate and promote loan products to clients, including realtors and builders. The ideal candidate will have at least 12 months of loan originator experience and will excel in establishing relationships within the community.

Responsibilities include ensuring the completion of loan applications, advising clients on loan products, and monitoring loan processes, all while maintaining a professional image consistent with company standards.

Qualifications

• 12 months of experience as a loan originator.
• Strong verbal and written communication skills.
• Ability to assess and process large amounts of data.

Responsibilities

• Evaluate loan products and identify best fits for customers.
• Establish relationships with realtors and builders.
• Market PrimeLending's financial products.

Skills

Customer relationship management

Loan product evaluation

Communication skills

Data assessment

Education

High school diploma or equivalent

Job description

Under the direction of the Branch and/or Production Manager, markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past clients. Performs office or non-manual work directly related to the management or general business operations of PrimeLending and its customers.

Responsibilities

• Evaluates PrimeLending’s and other loan products and services and determines which financial products best meet the customer’s needs and financial circumstances.
• Establishes and maintains relationships with realtors, bank officers, builders and new home sales representatives to develop and retain existing business, visiting subdivisions as required.
• Markets and promotes PrimeLending’s financial products.
• Ensures completion of loan applications using PrimeLending’s product set to meet the Company’s minimum production standards in funded units/volume on an ongoing basis each month.
• Monitors overall customer interaction, interfaces with all parties involved on each individual loan from application to closing, including counseling and pre‑qualifying potential home buyers.
• Collects and analyzes information regarding the customer’s income, assets, investments or debts.
• Advises the customer regarding the advantages and disadvantages of different loan products.
• Services existing customers and obtains all necessary support documents along with the appropriate fees and lock‑in information.
• Oversees the loan process by monitoring loan status and ensuring conformity with terms.
• Communicates loan status to all interested parties and obtains loan documentation after closing.
• Presents terms and conditions of loans with customers.
• Stays abreast of trends and developments in the local real‑estate market, competitive environment, and 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.
• May supervise and direct the activities of other loan officer(s), loan officer assistant(s), or loan processor(s).
• Performs other functions as needed.

Qualifications

• High school diploma or equivalent and appropriate state licenses.
• Valid driver’s license and current automobile liability insurance.
• A minimum of 12 months loan originator experience.
• Experience interacting with regional and corporate departments, as well as realtors, sales agents, builders, appraisers, etc.
• Demonstrated judgment and decision‑making ability, with excellent verbal and written presentation and communication skills.
• Ability to quickly assess and process large amounts of data and use appropriate AU software technology.
• Active community involvement and membership in relevant job‑related organizations to enhance networking.
• Commitment to expanding knowledge of industry issues and organizational developments.
• Qualified for Exempt Status under the U.S. Department of Labor Regulations Part 541‑Exemptions for employees who meet certain tests.

Key Facts About PrimeLending

• Established in 1986.
• Part of Hilltop Holdings Inc., a diverse financial services company.
• 400+ purchase, renovation, refinance and reverse mortgage products.
• National lender with coverage in all 50 states.
• Branches located in 42 states.
• 96% customer satisfaction rating (2023).
• 4.9 national average star rating on Google.
• 22,000+ five‑star Zillow reviews.