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Mortgage Loan Officer

Paramount Residential Mortgage Group
Eatontown, NJ Remote Full Time
POSTED ON 7/26/2023 CLOSED ON 1/25/2024

What are the responsibilities and job description for the Mortgage Loan Officer position at Paramount Residential Mortgage Group?

Paramount Residential Mortgage Group Eatontown (PRMG Got Mortgages) is searching for Mortgage Loan Officers as they continue to grow! PRMG is a direct mortgage lender exclusively serving the home finance market for one to four family residential properties. Established in 2001 and now one of the largest independently owned lenders in the nation! PRMG was recently recognized as one of America's fastest growing privately held companies by Inc. Magazine. Today, the company is licensed in 48 states with over 188 branches nationwide that are supported by 1800 employees

Our corporate culture allows our employees to thrive both personally and professionally by utilizing the latest technological advancements available. You will have supervision by branch managers who believe in empowering our loan originators with all of the resources and tools necessary to help them focus on growing their business by empowering their referral sources. Along with have access to in house processors, and a dedicated manager to assist with your marketing needs! It is no wonder why we are steadily growing at a rapid pace.

Essential Job Functions:

Mortgage Loan Officers are responsible for originating loans, conducting borrower interviews, analyzing credit histories, and staying updated about current regulations. Loan Officers will work closely with the processing team, ensuring all documentation is obtained as the loan moves through the process to closing while maintain the highest level of service and ethics.

Principal Responsibilities:

Attract new mortgage loan applications by developing relationships within the community, specifically with the real estate community; making sales calls to prospective customers, estimating credit-worthiness; calculating repayment risk. Also, Completing mortgage loans by monitoring collection, verification, and preparation of mortgage loan documentation; scheduling and completing mortgage loan closing.

Experience/Benefits:

Preferred to be NMLS licensed and/or in the process of becoming licensed

Health, Dental, Vision, Retirement insurance

Compensation will be based on Commission (BPS) & Bonuses

Please submit a copy of your resume via this posting to the attention of Abdel Khawatmi, Branch Manager.

Job Types: Full-time, Part-time

Pay: $73,107.21 - $390,407.41 per year

Work Location: Hybrid remote in Eatontown, NJ 07724

Salary : $73,107 - $390,407

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