Agent Mortgage Loan Officer
Company: PenFed Credit Union
Posted on: May 12, 2022
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
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
- Promote sales and continually identifies, develops and
maintains a quality network of realtor and member business
- 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)
- 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.
Equivalent combination of education and experience is
- 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
- Demonstrated understanding of mortgage processing, underwriting
and closing procedures. Knowledge of Conventional, FHA and or VA
- Understanding of Federal Regulations governing Real Estate
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 novel coronavirus
(COVID-19), we have modified our hiring, onboarding, training, and
deployment protocols in order to comply with current local and
state guidance around social distancing.
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
Keywords: PenFed Credit Union, Prescott , Agent Mortgage Loan Officer, Sales , Prescott, Arizona
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