Mortgage Loan Specialist

2 weeks ago


Miami, United States Paramount Residential Mortgage Group Full time
Position Overview

At Paramount Residential Mortgage Group (PRMG), we are dedicated to creating an environment where Originators can thrive. Our company is recognized as one of the top workplaces, emphasizing the essential elements that contribute to an Originator's success while fostering an exceptional company culture.

What We Provide for Our Loan Officers:

- Competitive Compensation Structure up to 225bps

- Comprehensive Marketing Support to generate leads

- High-quality and plentiful leads

- Incoming pre-qualified leads

- Quick loan funding in 23 days

- System for Generating Referrals, supporting your Real Estate partners. Whether you have existing agents or need assistance in establishing connections, we are here to help.

- Fulfilling Career Opportunities - we seek dedicated professionals, not just order takers; a strong closing ability is essential.

- As a Direct Lender, we maintain the flexibility to broker specialized programs and reverse mortgages, ensuring you never miss an opportunity.

- In-house Underwriting, Documentation, and Funding. Fully Delegated for Conventional, FHA, VA, and USDA loans.

- Highly competitive market rates, allowing you to compete effectively with low-cost providers.

- Integration of CRM, pricing tools, and Loan Origination Systems for efficient deal pricing.

We are excited to support your journey as an Originator.

Key Responsibilities

Essential Functions:
  • Organization: Develop and implement strategies to meet customer needs through a comprehensive range of products and services.
  • Coordination: Utilize judgment and discretion to ensure a seamless business flow.
  • Communication: Effectively communicate both verbally and in writing with colleagues and clients, acting as a liaison between customers and internal departments to ensure smooth operations.
  • Equipment: Operate office equipment such as computers, copiers, and fax machines.
  • Physical Requirements: Ability to sit and stand for extended periods; hearing and vision must be within normal ranges.
Responsibilities:
  • Verify, compile, and input application data for mortgage loans.
  • Discuss and advise clients on their home loan options.
  • Review residential loan applications to ensure completeness and compliance with established standards, including borrower assets, liabilities, and employment history.
  • Notify supervisors of any discrepancies in title or survey.
  • Perform additional related duties as assigned.
  • Maintain a current, valid NMLS license and appropriate state licensing in good standing.
Qualifications:
  • Must possess applicable state licensing.
  • Preferred experience of two to five years.
  • Must meet one of the following criteria:
    1. Actively funding more than 2 loans per month, or
    2. Completion of Xinnex Training for Loan Origination, or
    3. Assignment of an origination mentor who funds more than 2 loans per month (refer to PRMG Loan Officer Mentor Agreement).
Skills:
  • Ability to make informed judgments regarding service, credit decisions, funding, and post-closing issues.
  • Strong problem-solving skills and the ability to exercise independent judgment with a high degree of initiative.
  • Capability to manage detailed assignments while maintaining confidentiality.
  • Excellent communication and interpersonal abilities.
  • Organizational skills necessary for prioritizing tasks and delegating responsibilities.
Travel Requirements:
  • May be required.
Salary Range:

Minimum: USD $62,000.00/Yr.

Maximum: USD $144,000.00/Yr.
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