Loan/Credit Processor

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 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 guidelines
• 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 value
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 products

• Completes necessary CE in a timely manner and remains current on local developments and trends within the real estate and mortgage industries
• Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities
• 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 detail
• Strong computer skills to include a working knowledge of MS Office
• 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
• 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 guidelines.
• 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.
• Partner with your management team to understand performance expectations and measurements. Realize team synergies through networking and partnerships across PRMI.
• Maintain a high standard of customer care while actively listening to customers in an effort to understand their views and needs. Perform quality work within deadlines.
• 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.