Job Description

Job Description

New Penn Financials Retail Division is hiring established Mortgage Professionals of all levels and titles to take advantage of the unique opportunity to help scale a new market in IL for a well-established industry leader. All production titles are currently being considered including Company Owners, Branch Managers, Sales Managers, and Loan Originators.

• Financial Stability-New Penn Financial/Shell Point partnership


• Operational Efficiencies-48 Hour Underwriting, Paperless process


• Consistency -Direct Lender Seller Servicer FNMA, Freddie, Ginnie Mae, Shell Point Portfolio products


• Realtor Partnership Program


• Technology-CRM, Marketing assistance (email, direct mail )personal website, flyers


• Full benefits package (medical and dental insurance, company matching 401k, and more)


• Growth Opportunity-Leverage an industry leader with new Regional opportunities

Primary Function

As a Self–Generated/Referral based Retail Producing Branch Manager, Sales Manager, or Loan Originator you will be required to establish and maintain third party referral sources like Realtors, Financial Planner’s, Builders, and CPA’s.

Principal Duties

• In managing a team you will be required to recruit, manage, mentor, and retain a group of Mortgage Loan Originators


• Generate Loan Applications from past clients and referral based lead sources like Realtors, Builders, Financial Planners, or CPA’s


• Think outside the box and work with Branch Manager and Regional Production Manager on recruitment efforts to help scale Regional team


• Have an excellent working knowledge of New Penn’s products including (Conventional, FHA, VA, Jumbo, Investors, and Foreign Nationals)


• Stay informed of developing trends in the mortgage industry


• Leverage company reports to maintain high pull though ratio and efficient management of pipeline

• Minimum two years of mortgage loan originator experience


• High energy self-starter with strong industry related contacts


• Working knowledge of industry loan origination systems


• Understands regulatory and over view of lending environment (Dodd-Frank)

Licensing Requirements

• Pass a NPF background check required for state licensing and have an active Illinois Residential Loan Originator license issued by the state of IL

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