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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.
A Typical Day:The role of the Mortgage Loan Officer is to assist existing customers from our Servicing Portfolio telephonically with their current and future mortgage needs. Each licensed Loan Officer is provided inbound/outbound leads to service in accordance with Pennymac policies, procedures and lending guidelines. Compensation for the Loan Officer role is directly tied to performance. The average estimated salary plus incentives for this position is $184,500 to $249,000.
The Mortgage Loan Officer will:
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:
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:
Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.
Salary:Full Time
$40k-55k (estimate)
06/23/2024
07/11/2024
pennymac.com
<25
The following is the career advancement route for Mortgage Loan Officer positions, which can be used as a reference in future career path planning. As a Mortgage Loan Officer, it can be promoted into senior positions as a Mortgage Loan Officer II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Officer. You can explore the career advancement for a Mortgage Loan Officer below and select your interested title to get hiring information.
If you are interested in becoming a Mortgage Loan Officer, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Officer for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Mortgage Loan Officer job description and responsibilities
A person seeking to become a mortgage broker must be at least 18 years old.
12/26/2021: Grand Forks, ND
All state-licensed loan originators must pass a national exam - required under the SAFE Act.
12/25/2021: Vallejo, CA
For the most part though, mortgage loan officers spend their days helping people navigate an exciting time.
02/04/2022: Modesto, CA
Having the skills to be detail-oriented and thorough go a long way when becoming a mortgage loan officer.
01/07/2022: Roanoke, VA
Loan Officer Assistants play an essential role on a Loan Officer’s team.
11/30/2021: Albany, NY
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Mortgage Loan Officer jobs
COMPLETE FINGERPRINTS/BACKGROUND CHECK AND PAY ALL FEES.
12/28/2021: Allentown, PA
Connect with real estate agents.
02/06/2022: Santa Rosa, CA
PASS THE NATIONAL SAFE EXAM VIA NMLS WITH 75% OR HIGHER.
11/30/2021: Jackson, MS
START GENERATING LOANS WITH TEAM MORTGAGE CALCULATOR CO.
01/30/2022: Colorado Springs, CO
Step 3: View the best colleges and universities for Mortgage Loan Officer.