(Remote) Retail Mortgage Loan Officer - Self Sourced
Company: PenFed Credit Union
Location: Prescott
Posted on: June 22, 2022
Job Description:
Overview Join one of the nation's fastest-growing mortgage
teams. At Penfed, our people are our greatest advantage. As we grow
rapidly, we want to hire the industry's leading talent. If you are
up for the challenge, you belong here. PenFed Credit Union is
hiring an Agent Mortgage Loan Officer in Phoenix, Arizona;Tucson,
Arizona; Prescott, Arizona; or Peoria, Arizona. The primary purpose
of this job is to responds to member inquiries and referrals that
are generated from both their own contacts and from other PenFed's
business channels. The Agent MLO will conduct interviews with
prospective borrowers in order to analyze financial and credit
data, determine member-financing objectives, advice members of
product and pricing policies and guidelines, and gather any
additional required information. *This position is remote and must
be within a 25 mile radius of the posting locations.*
Responsibilities Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential functions.
This is not intended to be an all-inclusive list of job duties and
the position will perform other duties as assigned.
- Proactively solicits new residential mortgage business and
sells PenFed mortgage products to meet established loan quality and
production goals.
- Promote sales and continually identifies, develops and
maintains a quality network of realtor and member business
relationships.
- Increase mortgage business by marketing, promoting and
recommending loan products and services with use of sales
techniques to promote and close transactions.
- Represent PenFed in the market place, research competitor and
other external marketplace best practices.
- Maintain awareness of competitive strategies and knowledge of
product offerings as a means to improving sales penetration and
fulfilling the needs of actual and potential members.
- Develop and maintain knowledge of Conventional, VA and FHA
lending policies and procedures. Provide sound mortgage advice to
members regarding the advantages and disadvantages of different
loan products and pricing policies and guidelines.
- Ensure exceptional member service by maintaining thorough
knowledge of lending programs, policies, procedures and regulatory
requirements, demonstrating a commitment to professional ethics,
complying with all Federal and state compliance policies and
adhering to Home Mortgage Disclosure Act (HDMA) guidelines.
- Learn and utilize assigned programs and technology to maintain
regulatory loan documentation requirements.
- Ensure all conditions and closing dates are met.
- Initiate and maintain contact with realtors and members
throughout the processing period.
- Ensure that all related parties are kept informed of loan
status, conveying the appropriate level of urgency and
professionalism so that all expectations are exceeded.
- Identify any issues, which may affect ability to meet
previously established conditions and dates in a timely manner.
Qualifications Equivalent combination of education and experience
is considered.
- High School Diploma or equivalent. Minimum of four (4) year of
college degree preferred.
- Minimum of two (2) years of residential mortgage lending
experience with a focus on generating self-sourced business is
preferred.
- Demonstrated understanding of mortgage processing, underwriting
and closing procedures. Knowledge of Conventional, FHA and or VA
lending guidelines.
- Understanding of Federal Regulations governing Real Estate
Lending. Special Message Regarding COVID 19 PenFed is continuing to
hire and train exceptional individuals to help us serve our 2
million members both here and around the world. - In light of the
current situation with COVID-19, we have modified our hiring,
onboarding, training, and deployment protocols in order to comply
with applicable current local and state guidance. About Us
Established in 1935, PenFed today is one of the country's strongest
and most stable financial institutions with over 2 million members
and over $26 billion in assets. We serve members in all 50 states
and the District of Columbia, as well as in Guam, Puerto Rico and
Okinawa. We are federally insured by NCUA and we are an Equal
Housing Lender. We are available to members worldwide, via the web,
seven days a week, twenty-four hours a day. We provide our
employees with a lucrative benefits package including robust
medical, dental and vision plan options, plenty of paid time off,
401k with employer match, on-site fitness facilities at our larger
locations, and more. Equal Employment Opportunity PenFed management
will maintain and observe personnel policies which will not
discriminate or permit harassment or retaliation against a person
because of race, color, creed, age, sex, gender, gender identity,
gender expression, religion, national origin, ancestry, marital
status, military or veteran status or obligation, the presence of a
physical and/or mental disability or medical condition, genetic
information, sexual orientation, and all statuses protected by
applicable state or local law in all recruiting, hiring, training,
compensation, overtime, position classifications, work assignments,
facilities, promotions, transfers, employee treatment, and in all
other terms and conditions of employment. PenFed will also prohibit
retaliation against individuals for raising a complaint of
discrimination or harassment or participating in an investigation
of same. PenFed will also reasonably accommodate qualified
individuals with a disability so that they can apply for a job or
perform the essential functions of a job unless doing so causes a
direct threat to these individuals or others in the workplace and
the threat cannot be eliminated by reasonable accommodation or if
the accommodation creates an undue hardship to PenFed. Contact
human resources (HR) with any questions or requests for
accommodation at -240-224-4256. -#LI-MA1
Keywords: PenFed Credit Union, Prescott , (Remote) Retail Mortgage Loan Officer - Self Sourced, Hospitality & Tourism , Prescott, Arizona
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