Loan Originator, Sr NE Redding, CA

PrimeLending, A PlainsCapital Company; Redding (CA); On-site; USD 60,000 - 90,000; Full time

Job summary

A prominent financial institution in California is seeking a skilled Loan Originator to market and promote its products. The candidate will evaluate financial products, maintain client relationships, oversee loan processes, and ensure conformity with regulations. Applicants must possess a high school diploma, relevant licenses, and a minimum of 5 years of loan origination experience. Strong communication, decision-making abilities, and community involvement are essential for this role.

Qualifications

• A minimum of 5 years loan originator experience required.
• Demonstrated judgment and decision-making ability.
• Active in community and job-related organizations.

Responsibilities

• Markets and promotes PrimeLending products.
• Establishes and maintains relationships with clients.
• Oversees the loan process and ensures conformity.

Skills

Communication skills

Decision-making ability

Data assessment

Education

High school diploma or equivalent

State-required licenses

Tools

AU software technology

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, builders and new home sales representatives to develop and retain existing business, including visits to subdivisions as required.
• Markets and promotes PrimeLending’s financial products.
• Meets the Company’s minimum production standards in funded units/volume on an ongoing basis each month, by taking complete and accurate loan applications using PrimeLending’s product set.
• Monitors overall customer interaction and 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.
• Present terms and conditions of loans to customers.
• Stays abreast of trends and developments in the local real estate market and competitive environment, as well as 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 officers, loan officer assistants or loan processors.
• Other functions as needed.

Qualifications

• High school diploma or equivalent.
• Appropriate licenses, if State required.
• A minimum of 5 years loan originator experience required.
• Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc.
• 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 of appropriate AU software technology.
• Must be active in the community and in job‑related organizations to enhance the network of beneficial contacts.
• Continues 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.

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.