Loan Officer Trainee - Entry Level
PENNYMAC Franklin, TN
PENNYMAC Franklin, TN
PENNYMAC Franklin, TN
4 weeks ago 34 applicants
See who PENNYMAC has hired for this role- Report this job
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
Job OverviewThe Mortgage Retail Loan Associate serves as a development opportunity progressing into a Licensed Loan Officer role. As a Loan Associate, you will participate in a comprehensive sales training and licensing program with the requirement of passing National licensing and internal exams and graduating to the Loan Officer role within 3 months of employment.
A Typical Day
- Complete a minimum of 20 hours of pre-licensure education (PE)
- Complete all required curriculum modules of the Training Program
- Complete all assignments as an active participant, including role play, classroom sessions, interaction with existing Loan Officers and internal testing
- Take and pass the NMLS Uniform State Test (UST) within three months as a requirement for continued employment
- Once licensed, transition to a Mortgage Loan Officer and handle a high volume of inbound/outbound calls to assist both existing Pennymac customers and new customers.
- Identify customer needs and provide guidance on suitable product solutions.
- Advise and educate customers on home-buying or refinance processes
- Recommend loan solutions to customers to improve their overall financial position
- Assist applicants through the loan application process including reviewing disclosures and loan documents
- Emphasize benefits of Pennymac’s offers and advantages to highlight how they are beneficial to the customer’s needs and provide appropriate rebuttal options as applicable
- Manage pipeline activities while meeting production goals, compliance requirements and company guidelines in adherence with lending regulations
- Provide a “Best in Class” experience to every caller to represent the organization’s culture and values
- Perform other related duties as required and assigned
What You’ll Bring
- Diverse work backgrounds and experience levels are welcome – prior lending experience is helpful but not required
- Excellent interpersonal, written, and verbal communication skills
- Ability to multitask, work in a fast paced environment while navigating through different system applications and software
- Excellent sense of responsibility and organization
- Strong attention to detail and ability to work independently
- Team-oriented attitude, collaborating well with others and eager to assist colleagues
- Excellent critical thinking, problem solving and sound judgment skills
Why You Should Join As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.
Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include:
- Comprehensive Medical, Dental, and Vision
- Paid Time Off Programs including vacation, holidays, illness, and parental leave
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
- Retirement benefits, life insurance, 401k match, and tuition reimbursem*nt
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
To learn more about our benefits visit: https://pennymacnews.page.link/benefits
Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
- Lower in range - Building skills and experience in the role
- Mid-range - Experience and skills align with proficiency in the role
- Higher in range - Experience and skills add value above typical requirements of the role
Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.
Salary $50,000.00 - $50,000.00
Work Model OFFICE
-
Seniority level
Not Applicable -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Financial Services
Referrals increase your chances of interviewing at PENNYMAC by 2x
See who you know
Get notified about new Loan Officer jobs in Franklin, TN.
Sign in to create job alert
Similar jobs
-
Financial Analyst - Ticket Operations
Financial Analyst - Ticket Operations
Los Angeles Lakers
El Segundo, CA
-
Loan Servicing Representative II (Specialty Lending)
Loan Servicing Representative II (Specialty Lending)
Provident Bank
Oak Ridge, NJ
-
Mortgage Loan Officer Assistant - Hybrid
Mortgage Loan Officer Assistant - Hybrid
Alliant Credit Union
Chicago, IL
-
Loan Originator Assistant Unlicensed
Loan Originator Assistant Unlicensed
DHI Mortgage
Sarasota, FL
See AlsoPennyMac Mortgage Investment Trust: C Series Preferred Offers 8.8% Yield (NYSE:PMT.PR.C)PENNYMAC hiring Senior Compliance Program Analyst in Moorpark, California, United States | LinkedInPENNYMAC hiring Home Loan Specialist II in Plano, Texas, United States | LinkedInQuadrature Capital Ltd Purchases New Holdings in PennyMac Mortgage Investment Trust (NYSE:PMT) -
Loan Servicing Representative I (Consumer)
Loan Servicing Representative I (Consumer)
Provident Bank
Oak Ridge, NJ
-
Loan Servicing Representative II (ABL)
Loan Servicing Representative II (ABL)
Provident Bank
Oak Ridge, NJ
-
Loan Servicing Representative II (Commercial)
Loan Servicing Representative II (Commercial)
Provident Bank
Woodbridge, NJ
-
Loan Officer Assistant
Loan Officer Assistant
Parada Mortgage
Palm Beach, FL
-
Loan Officer Assistant
Loan Officer Assistant
fiber.mortgage NMLS 1728938
Jacksonville, FL
-
Junior Mortgage Loan Officer -- Remote -- WFH --
Junior Mortgage Loan Officer -- Remote -- WFH --
Get It Recruit - Real Estate
New York, NY
-
Jr Loan Officer
Jr Loan Officer
American Heritage Lending, LLC
Irvine, CA
-
Junior Loan Officer
Junior Loan Officer
Summit Lending
Huntington Beach, CA
-
Mortgage Loan Processor
Mortgage Loan Processor
Recruit Right Strategies
Greater Tampa Bay Area
-
Loan Officer Assistant (Part-Time)
Loan Officer Assistant (Part-Time)
Atlantic Coast Mortgage
Ashburn, VA
-
Loan Officer Assistant
Loan Officer Assistant
Primary Residential Mortgage
Ridgeland, MS
-
Mortgage Loan Processor
Mortgage Loan Processor
Recruit Right Strategies
West Palm Beach, FL
-
Loan Officer Assistant
Loan Officer Assistant
New American Funding
Las Vegas, NV
-
Loan Originator Assistant Unlicensed
Loan Originator Assistant Unlicensed
DHI Mortgage
Rowlett, TX
-
Loan Officer Assistant
Loan Officer Assistant
Primary Residential Mortgage
Hagerstown, MD
-
Loan Officer Assistant
Loan Officer Assistant
Primary Residential Mortgage
Newark, DE
-
Loan Officer Assistant
Loan Officer Assistant
Primary Residential Mortgage
Fresno, CA
-
Loan Officer Assistant
Loan Officer Assistant
Primary Residential Mortgage
Cranston, RI
-
Loan Closing Analyst
Loan Closing Analyst
PNC
United States
-
Mortgage Loan Officer Assistant
Mortgage Loan Officer Assistant
Tential Solutions
Pensacola, FL
-
Loan Officer Assistant
Loan Officer Assistant
Bay Equity, LLC
Bellevue, WA
-
Junior Loan Officer
Junior Loan Officer
Atlantic Coast Mortgage
Huntersville, NC
-
Loan Originator Assistant Unlicensed
Loan Originator Assistant Unlicensed
DHI Mortgage
Palm Bay, FL
People also viewed
-
Junior Loan Officer
Junior Loan Officer
Engtal
United States
-
Loan Officer Assistant
Loan Officer Assistant
Mutual of Omaha Mortgage
Nashville, TN
-
Mortgage Loan Closer - Full-Time - Griffin, GA
Mortgage Loan Closer - Full-Time - Griffin, GA
United Bank Corporation
Griffin, GA
-
Junior Loan Officer-- Remote | WFH
Junior Loan Officer-- Remote | WFH
Get It Recruit - Real Estate
Irvine, CA
-
Loan Officer Assistant
Loan Officer Assistant
Primary Residential Mortgage
Appleton, WI
-
Senior Credit Analyst
Senior Credit Analyst
Upstart
Columbus, Ohio Metropolitan Area
-
Loan Specialist - Remote | WFH
Loan Specialist - Remote | WFH
Get It Recruit - Finance
Philadelphia, PA
-
Loan Officer Assistant
Loan Officer Assistant
CLM Mortgage, Inc.
Boise, ID
-
Mortgage Loan Assistant - Operations
Mortgage Loan Assistant - Operations
Royal Business Bank
Los Angeles, CA
-
Loan Officer Assistant (FL NMLS)- IN OFFICE
Loan Officer Assistant (FL NMLS)- IN OFFICE
National Mortgage Staffing
Tampa, FL
Looking for a job?
Visit the Career Advice Hub to see tips on interviewing and resume writing.
View Career Advice Hub