Loan Officer Non-Exempt
Company: Primary Residential Mortgage, Inc.
Posted on: January 25, 2023
Position Purpose - Responsibilities/Duties/Functions/Tasks
The purpose 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.
---Develops new business opportunities and sales leads by
cultivating relationships with realtors, builders, bankers,
---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
---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:
o collecting and analyzing information regarding the customer's
income, assets, investments, or debts
o analyzing applicant data, credit and collateral property
o determining which financial products best meet the customer's
needs and financial circumstances
o providing advice to the customer regarding the advantages and
disadvantages of available financial products
o marketing, servicing, or promoting the employer's financial
---Completes necessary CE in a timely manner and remains current on
local developments and trends within the real estate and mortgage
---Provides origination services in the state of licensure
---Creates and maintains excellent business relationships with
referral client base, creating new mortgage lending
---Corresponds, communicates, and coordinates with clients,
in-house support staff, and external service providers to
facilitate timely closings
---Sales experience in the mortgage industry is preferred
---Familiarity with mortgage processes, procedures, rules,
regulations, and compliance
---Exceptional customer service skills with a strong attention to
---Excellent written and verbal communication skills
---Strong computer skills to include a working knowledge of MS
---Ability to comprehend and analyze financial information
---Ability to effectively communicate and present complex financial
information while fielding and responding to questions from
applicants, support staff, and management
---Established contact and referral list within the real estate and
mortgage industries preferred
---Ability to pass a required background check
Company Conformance Statement
In the performance of assigned tasks and duties all employees are
expected to conform to the following:
- Review and adhere to policies and guidelines contained within the
Employee Handbook, including privacy and information security
- Act within delegated authorities and adheres to applicable policy
and procedures associated with such authorities.
- Contribute to establishing a respectful workplace where diversity
is critical to innovation and growth.
- Ensure every action and decision is aligned with PRMI values.
- Partner with your management team to understand performance
expectations and measurements. Effectively utilize feedback and
coaching opportunities while seeking to learn and develop within
your role at PRMI.
- Realize team synergies through networking and partnerships across
- Embrace change; act as advocate and role model, promoting an
approach of continuous improvement.
- Maintain a high standard of customer care while actively
listening to customers in an effort to understand their views and
needs. Take ownership of problems and issues, taking into
consideration the breadth of PRMI competencies in providing
- Work independently while understanding the necessity for
communicating and coordinating work efforts with other employees
- Work effectively as a team contributor on all assignments.
- Perform quality work within deadlines.
- Respect client and employee privacy.
Each employee must be able to communicate clearly and effectively,
utilize a computer, maintain a work schedule, and effectively
perform in an office setting. Employment with PRMI requires
compliance with and adherence to all applicable mortgage and fair
lending laws and regulations as well as PRMI policies. The ability
to work extended hours may be required.
Nothing in this job description restricts management's right to
assign or reassign duties and responsibilities to this job at any
Keywords: Primary Residential Mortgage, Inc., Layton , Loan Officer Non-Exempt, Other , Layton, Utah
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