VirginiaBeachRecruiter Since 2001
the smart solution for Virginia Beach jobs

Agent Mortgage Loan Officer

Company: PenFed Credit Union
Location: Virginia Beach
Posted on: November 11, 2019

Job Description:

Agent Mortgage Loan Officer




Virginia Beach



Apply Now

Agent Mortgage Loan Officer



PenFed Credit Union is hiring an Agent Mortgage Loan Officer in Virginia Beach, Virginia. The primary purpose of this job is to responds to member inquiries and referrals that are generated from both their own contacts and from other PenFed's business channels. The Agent MLO will conduct interviews with prospective borrowers in order to analyze financial and credit data, determine member-financing objectives, advice members of product and pricing policies and guidelines, and gather any additional required information.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

  • Proactively solicits new residential mortgage business and sells PenFed mortgage products to meet established loan quality and production goals.

  • Promote sales and continually identifies, develops and maintains a quality network of realtor and member business relationships. Increase mortgage business by marketing, promoting and recommending loan products and services with use of sales techniques to promote and close transactions.

  • Represent PenFed in the market place, research competitor and other external marketplace best practices. Maintain awareness of competitive strategies and knowledge of product offerings as a means to improving sales penetration and fulfilling the needs of actual and potential members.

  • Develop and maintain knowledge of Conventional, VA and FHA lending policies and procedures.

  • Provide sound mortgage advice to members regarding the advantages and disadvantages of different loan products and pricing policies and guidelines.

  • Ensure exceptional member service by maintaining thorough knowledge of lending programs, policies, procedures and regulatory requirements, demonstrating a commitment to professional ethics, complying with all Federal and state compliance policies and adhering to Home Mortgage Disclosure Act (HDMA) guidelines.

  • Learn and utilize assigned programs and technology to maintain regulatory loan documentation requirements. Ensure all conditions and closing dates are met.

  • Initiate and maintain contact with realtors and members throughout the processing period. Ensure that all related parties are kept informed of loan status, conveying the appropriate level of urgency and professionalism so that all expectations are exceeded.

  • Identify any issues, which may affect ability to meet previously established conditions and dates in a timely manner.

    Education and Experience

    Equivalent combination of education and experience is considered.

    • High School Diploma or equivalent.

    • Minimum of four (4) year of college degree preferred.

    • Minimum of two (2) years of residential mortgage lending experience with a focus on generating self-sourced business is preferred.

    • Demonstrated understanding of mortgage processing, underwriting and closing procedures.

    • Knowledge of Conventional, FHA and or VA lending guidelines.

    • Understanding of Federal Regulations governing Real Estate Lending.

      Supervisory Responsibility

      This position will not supervise employees.

      Licenses and Certifications

      There are no additional certifications required.

      Work Environment

      While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

      *Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*


      Ability to travel to various worksites and be on-call is required.

      About Us

      Established in 1935, PenFed today is one of the country's strongest and most stable financial institutions with over 1.8 million members and over $25 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, Okinawa, and Portugal. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.

      Our mission isn't simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality.

      We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.

      Equal Employment Opportunity

      PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

      PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 571-341-6572.

Keywords: PenFed Credit Union, Virginia Beach , Agent Mortgage Loan Officer, Sales , Virginia Beach, Virginia

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Sales Jobs

Insurance Sales - LIFE INSURANCE LICENSED REQ'D (Virginia Beach,VA)
Description: CURRENT LIFE INSURANCE LICENSE REQUIRED TO BE CONSIDERED Are you an individual with a strong desire to succeed in the business world and help families at the same time We have a wide range of mortgage (more...)
Company: The Alliance
Location: Virginia Beach
Posted on: 11/13/2019

Sales Agent, Retail
Description: Employer Name: SpiderID: Location: Chesapeake, Virginia Date Posted: 11/8/2019 Wage: Negotiable Category: Insurance Job Code: 9653/11018 Job Description: Want to grow your sales career with one (more...)
Company: National General Insurance Company
Location: Chesapeake
Posted on: 11/13/2019

Account Manager, End User Sales
Description: iAutomation, an innovative, high technology solutions provider of industrial automation components, has an immediate opening for an Account Manager, End User Sales in Virginia. iAutomation's product portfolio (more...)
Company: iAutomation
Location: Richmond
Posted on: 11/13/2019

Inside Sales Manager
Description: Reporting to the Senior Director of Sales, the Inside Sales Manager will oversee a team of inside sales reps who meet sales targets by calling on small to medium sized Furniture, Mattress, Appliance and (more...)
Company: West Creek
Location: Richmond
Posted on: 11/13/2019

Territory Sales Representative
Description: OverviewTerritory Sales Representative Position Overview:As a Territory Sales Representative, you are responsible for driving profitable sales growth by developing, maintaining, and advancing accounts (more...)
Company: Patterson Dental Supply, Inc.
Location: Richmond
Posted on: 11/13/2019

Sales Associate
Description: SunIRef:Sales:title Sales Associate L. L. Bean 463 reviews - Richmond, VA Part-time L. L. Bean 463 reviews Read what people are saying about working here. We invite you to be part of our team of trailblazers (more...)
Company: L.L.Bean
Location: Richmond
Posted on: 11/13/2019

Special Agent: Linguist
Description: As an FBI Special Agent with Linguistics/Foreign Language expertise, you'll have a career like no other. You may have been raised speaking a language other than English, taught it for a few years or even (more...)
Company: Federal Bureau of Investigation
Location: Norfolk
Posted on: 11/13/2019

Sales Consultant
Description: Sales Consultant Date: Nov 8, 2019 Location: Richmond, VA, USA Company: Haverty Furniture Companies, Inc Job Description Job Responsibilities As a Retail Furniture Sales Consultant, you will provide our (more...)
Company: Havertys
Location: Richmond
Posted on: 11/13/2019

Life Insurance Agents - LIFE INSURANCE LICENSED REQ'D (Richmond,VA)
Description: CURRENT LIFE INSURANCE LICENSE REQUIRED TO BE CONSIDERED Are you an individual with a strong desire to succeed in the business world and help families at the same time We have a wide range of mortgage (more...)
Company: The Alliance
Location: Richmond
Posted on: 11/13/2019

Border Patrol Agent
Description: Find your calling. Protect your country. Apply now. br br Working for U.S. Customs and Border Protection CBP means keeping your country safe from dangerous people and materials attempting to cross (more...)
Company: U.S. Customs and Border Protection
Location: Virginia Beach
Posted on: 11/13/2019

Log In or Create An Account

Get the latest Virginia jobs by following @recnetVA on Twitter!

Virginia Beach RSS job feeds