Job summary
Job post source
This job is directly from PENNYMAC
Job overview
The Purchase Loan Officer at PENNYMAC assists new and existing customers with their purchase loan needs, playing a key role in helping clients achieve homeownership through mortgage solutions.
Responsibilities and impact
The Loan Officer consults with clients on financial goals, educates them on the home-buying process, advises on mortgage solutions, manages pipeline activities, and ensures compliance with lending regulations.
Compensation and benefits
The salary ranges from $50,000 to $250,000 based on experience and skills, with potential performance-based and stock incentives; benefits include comprehensive medical, dental, vision, paid time off, wellness programs, retirement plans, life insurance, 401k match, tuition reimbursement, and philanthropy programs.
Experience and skills
Candidates should have origination and lending experience, strong interpersonal and communication skills, ability to multitask in a fast-paced environment, and good organizational skills.
Work environment and culture
PENNYMAC values accountability, reliability, and ethics, fostering an equitable and inclusive environment where employees and customers feel valued and supported.
Company information
PENNYMAC is a specialty financial services firm focused on mortgage loan production and servicing, with over 4 million homeowners helped and 4,000 employees nationwide.
Job location and travel
The position is office-based, with no remote work indicated.
Unique job features
The role offers the opportunity to work with a top mortgage lender and engage in a comprehensive mortgage platform with a focus on customer-centric service.
Company overview
PennyMac Financial Services, Inc. is a leading national mortgage lender and servicer, specializing in the origination and servicing of residential mortgage loans. Founded in 2008, the company generates revenue through loan origination fees, interest income from mortgage servicing rights, and gains on mortgage loans held for sale. PennyMac has grown rapidly to become one of the largest mortgage lenders in the United States, leveraging technology and customer service to streamline the mortgage process and provide competitive loan products.
How to land this job
Tailor your resume to emphasize your experience in mortgage origination and lending, showcasing your ability to manage client relationships and guide borrowers through the home-buying process, as these are core responsibilities for the Purchase Loan Officer at PENNYMAC.
Highlight strong interpersonal, written, and verbal communication skills, along with your capability to multitask and navigate multiple software systems efficiently, reflecting the fast-paced environment described in the job.
Apply through multiple platforms including PENNYMAC's official corporate careers page and LinkedIn to maximize your chances of being noticed by recruiters and hiring managers.
Connect with current Purchase Loan Officers or mortgage lending professionals at PENNYMAC on LinkedIn; start conversations by referencing PENNYMAC’s commitment to ethical lending or asking about how they manage pipeline activities and client consultations.
Optimize your resume for ATS by incorporating keywords from the job description such as 'mortgage origination,' 'client consultation,' 'pipeline management,' 'compliance,' and 'lending guidelines' to ensure your resume passes initial automated screenings.
Use Jennie Johnson's Power Apply feature to automate tailored applications across multiple job boards and LinkedIn, and to identify and connect with relevant PENNYMAC contacts, freeing up your time to prepare for interviews and deepen your industry knowledge.
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