About the job

The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong business network of referrals. It is the responsibility of a Loan Officer to analyze a borrower’s financial and credit data to determine creditworthiness and the probability of financial security in repayment efforts.

• Originates their own sales by contacting prospective clients,
• Develops and maintains referral sources,
• Spends at least one or two hours a day, two or more times a week outside of the office (including a home office), originating loans,
• Meets with prospective clients at locations other than PRMI’s offices, e.g., client’s home or other locations,
• Meets with clients in person to sell mortgage loan products/packages,
• Contact with clients by telephone, mail, and e-mail is adjunct to in-person contacts,
• Obtains credit information and necessary documentation for application process,
• In-person calls outside of the office on real estate agents and brokers, financial advisors, and other potential referral sources to develop borrower leads,
• Engages in marketing and promotional activities in support of their own sales,
• Develops new and continued business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc.
• Develops solid PRMI product knowledge and offers clients the best mortgage products to match client needs
• Reviews application information, requesting specific supporting documentation as needed/required based on loan investor guidelines
• Analyzes and exercises independent judgment and discretion in advancing PRMI’s business objectives and the interests of PRMI’s customers regarding significant financial decisions
• Carries out major assignments affecting business operations of the employer or the employer’s customers through: collecting and analyzing information regarding the customer’s income, assets, investments, or debts

analyzing applicant data, credit and collateral property value
determining which financial products best meet the customer’s needs and financial circumstances providing advice to the customer regarding the advantages and disadvantages of available financial products
marketing, servicing, or promoting the employer’s financial products

• Completes necessary continuing education in a timely manner and remains current on local developments and trends within the real estate and mortgage industries
• Provides origination services in the state of licensure
• Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities
• Corresponds, communicates, and coordinates with clients, in-house support staff, and external service providers to facilitate timely closings

Company Description

Primary Residential Mortgage, Inc. (PRMI) is a nationwide, independent, full-service, residential mortgage banker. PRMI specializes in providing our industry’s top professional originators and managers an exceptional career experience.

PRMI Highlights:

• Founded in 1998
• 2023 Top 30 Scotsman Guide Lender
• 200 Retail Branches in 42 States
• Licensed to originate in 49 states and the District of Columbia.
• Local, In-Market Operations (Underwriting & Closing) – Sales controls the file prioritization.
• FNMA, FHLMC, GNMA Direct
• Unprecedented stability and tenure amongst our Executive Leadership Team and Sales Teams
• On average, our Sales Teams have been with PRMI for 6 years!

MORTGAGE LOAN ORIGINATOR - Greater New England Division

Are you ready to take the next step in expanding your mortgage sales career?

Join a successful team of like-minded, sales driven mortgage professionals who have been in the industry for many years and continue to grow!

The unique benefits that the Independence Division offers:

• Customized marketing and sales enablement strategies to meet your business goals
• In-house underwriting and processing
• National presence, local engagement
• Exceptional company culture and management support that wants you to succeed as much as you do!
• Complete Benefits package, including Health, Dental, STD/LTD, 401k

Qualifications:

• Licensed by NMLS
• Proven track record in loan origination
• Ability to work independently as well as in a team setting
• Established contact and referral list within the real estate and mortgage industries preferred
• Familiarity with mortgage processes, procedures, regulations and compliance
• Ability to pass a required background check

We look forward to speaking with you!

Job Type: Full-time

Pay: $44,491.37 - $179,684.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Work setting:

• In-person
• Office

Work Location: In person