Prospect Mortgage: Latest Job Openings, Reviews and Ratings & Profile wise Salary Distribution

Prospect Mortgage Careers & Info

Current CEO: Ron Bergum

Status: Active

Prospect Mortgage is a retail mortgage lender that is headquartered in Sherman Oaks, CA. The company acquired Metrocities Mortgage, Opteum Financial Services, and Fidelity and Trust Mortgage in 2007, allowing it to become one of the world's largest mortgage lenders. Prospect Mortgage also operates as Prospect Lending, LLC in some areas of the United States. In addition to its traditional loan products, it offers lending solutions for first-time home buyers through down-payment assistance programs by the Office of Veterans' Affairs and the Federal Housing Administration.

Individuals seeking Prospect Mortgage careers can point their web browser to the company's website for more information. On Prospect Mortgage's careers page, prospective employees can see current open positions, submit their resume and application information and sign up for email notifications regarding future openings. Even if there are no current openings, candidates can still submit a general application to be considered in the event of a relevant opening. According to the company's website, they typically seek out candidates with a strong background in the mortgage industry, including mortgage underwriters, loan officers, and loan processors. It also places a strong emphasis on hiring bilingual employees.

The Prospect Mortgage culture is centered on finding the right loan solutions for its clients. Employees are encouraged to listen to their clients in order to ascertain their goals and then design a loan that fits the client's needs. Employees working at Prospect Mortgage are also encouraged to try to find loan solutions for clients that may have been turned down for a loan at another lending institution.

Furthermore, Prospect aims to approve and close loans quickly, so employees are encouraged to focus on speed and efficiency in all that they do. Prospect states that it was founded during a difficult economy, and as a result, it understands the hardships that its clients may be facing when seeking for a loan. For this reason, Prospect Mortgage Company attempts to find innovative ways to approve customers for mortgage loans.

According to the company, it offers competitive pay when compared to similar companies in the mortgage industry. Other Prospect benefits include 401(k) retirement savings options and medical, dental and vision health insurance options. Some employees may be given the opportunity to receive paid time off for sick and personal leave. Corporate employees of Prospect have the additional benefit of possible travel reimbursement for expenses incurred during business-related travel.

What jobs pay the most at Prospect Mortgage?

Vice President is the highest paying job at Prospect Mortgage at $141,000 annually.