Loan Officer

About Paramount Residential Mortgage Group

PRMG is a company created by originators, for originators, known for its exceptional work culture and commitment to success. It supports mortgage professionals with industry-leading technology, extensive lending options, and local support to help grow their business and serve referral partners effectively.

Job Overview and Benefits

• Operate from a private office centrally located on Oahu.
• Utilize a superior technology stack unmatched in the industry.
• Close loans in 49 states with a wide range of loan programs.
• Access to in-house programs, broker capabilities, and non-QM loan products including No Ratio, Stated Income, and Bank Statement Programs.
• Benefit from on-site local processing and competitive pricing both locally and nationally.
• Honor all DU/LP eligible loans without overlays, covering Conventional, FHA, VA, USDA, Non QM loans, HomeStyle Renovation, FHA 203k, Jumbos, Portfolio, Vacant lot, and Construction loans.
• Participate as MCC and C&C Down Payment lender.
• Incorporate advanced tools and training such as XINNIX Training, MBS Highway, Total Expert CRM, and Sales Boomerang.

Key Responsibilities

• Develop and implement strategies to meet customer needs using a comprehensive suite of mortgage products and services.
• Utilize sound judgment to ensure smooth business operations.
• Communicate effectively with clients, coworkers, and internal departments to maintain seamless coordination.
• Use office equipment including computers, copiers, and fax machines proficiently.
• Devote the majority of working hours meeting with customers outside of fixed office locations.
• Verify, compile, and input mortgage loan application data accurately.
• Advise clients on suitable home loan options.
• Review applications thoroughly to ensure completeness and compliance with standards regarding mortgage type, borrower assets, liabilities, and employment history.
• Report any discrepancies in title or survey to the supervisor promptly.
• Fulfill additional duties as assigned.

Qualifications and Requirements

• Possession of a current, valid NMLS license or appointment in good standing.
• Compliance with applicable state licensing requirements.
• Preferred experience of two to five years in mortgage loan origination.
• Must satisfy one of the following: actively fund over two loans per month, complete Xinnix Loan Origination training, or be assigned an origination mentor who meets the funding criteria.

Skills

• Capable of making well-reasoned decisions regarding service, credit, funding, and post-close issues.
• Strong problem-solving skills and independent judgment combined with a proactive approach.
• Ability to manage detailed tasks with confidentiality.
• Excellent communication and interpersonal abilities.
• Effective organizational skills to prioritize workload and delegate as needed.

Travel

Travel may be required as part of the role.

Compensation

The annual salary range for this position is USD 150,000 to USD 750,000.