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Prime Lending Jobs (NOW HIRING)

Collections

West Des Moines, IA · On-site

$18.25 - $24.50/hr

Associate's or Bachelor's degree in Business, Finance, or related field preferred. * 1 to 3 years of collections experience, preferably in sub-prime lending, auto finance, personal loans, or similar ...

Collections

West Des Moines, IA · On-site

$18.25 - $24.50/hr

Associate's or Bachelor's degree in Business, Finance, or related field preferred. * 1 to 3 years of collections experience, preferably in sub-prime lending, auto finance, personal loans, or similar ...

Work closely with business line partners (Asset Servicing, Markets, Corporate Trust, Pershing/Prime, Lending) and BNYM Senior Management in order to drive commercial outcomes * Inform BNY Mellon ...

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Prime Lending information

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$100K

$125K

$147K

How much do prime lending jobs pay per year?

As of Jun 18, 2026, the average yearly pay for prime lending in the United States is $124,999.00, according to ZipRecruiter salary data. Most workers in this role earn between $112,500.00 and $137,500.00 per year, depending on experience, location, and employer.

Is PrimeLending a good company to work for?

PrimeLending is a mortgage lender that offers roles such as loan officers and underwriters. Employee reviews indicate mixed experiences, with some citing a collaborative environment and others noting high workload demands; overall, it follows industry standards for mortgage companies. Factors like company culture, compensation, and career growth opportunities should be considered when evaluating employment at PrimeLending.

What is Prime Lending?

Prime lending refers to the practice of lending money to borrowers who have a strong credit history, typically at the lowest interest rates offered by financial institutions. The 'prime rate' is the interest rate that commercial banks charge their most creditworthy customers, usually large corporations. Prime lending is considered low risk for lenders, and borrowers who qualify often receive more favorable loan terms, including lower interest rates and higher borrowing limits. This type of lending contrasts with subprime lending, which is offered to borrowers with weaker credit and carries higher interest rates.

What are the key skills and qualifications needed to thrive as a Prime Lending Officer, and why are they important?

To thrive as a Prime Lending Officer, you need strong financial analysis skills, a thorough understanding of credit policies, and a degree in finance, business, or a related field. Familiarity with loan origination systems, credit scoring models, and relevant industry certifications such as NMLS are typical requirements. Excellent communication, relationship-building, and problem-solving abilities help you effectively serve clients and collaborate with internal teams. These competencies ensure accurate loan assessments, regulatory compliance, and high levels of customer satisfaction in a competitive lending environment.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan value. For a $500,000 loan, this could translate to $2,500 to $5,000 in commissions or fees, depending on the lender and compensation structure. Loan officers may also receive a base salary plus bonuses for volume and performance.

What types of teams or departments do Prime Lending professionals typically collaborate with, and how does this impact daily responsibilities?

Prime Lending professionals often work closely with underwriting, credit analysis, sales, and customer service teams to process and approve loan applications efficiently. Collaboration is key, as each department provides critical input for assessing risk, ensuring regulatory compliance, and delivering a seamless experience for borrowers. On a daily basis, this means participating in cross-functional meetings, sharing updates, and coordinating on loan documentation and approvals. Such teamwork not only streamlines the lending process but also helps professionals develop a broader understanding of the mortgage industry.

What is the difference between Prime Lending vs Mortgage Loan Officer?

AspectPrime LendingMortgage Loan Officer
CredentialsTypically requires mortgage licensing, state-specific licenses, and sometimes additional certificationsRequires mortgage licensing, NMLS registration, and relevant financial certifications
Work EnvironmentWorks for a mortgage lender or bank, often in an office settingWorks for a bank, credit union, or mortgage brokerage, often in an office or remotely
Industry UsageUsed by mortgage lenders offering home loansUsed by mortgage brokers and lenders to originate home loans
Comparison FocusPrime Lending refers to a specific lender or loan programMortgage Loan Officer is a role that works with clients to secure loans

Prime Lending is a mortgage lender offering various loan programs, while a Mortgage Loan Officer is a professional who helps clients secure these loans. The roles are interconnected, with the Loan Officer working at Prime Lending or similar institutions to facilitate home financing.

Is PrimeLending a good company?

PrimeLending is a mortgage lender that offers home loan products and employs loan officers and mortgage professionals. The company's reputation varies based on individual experiences and reviews, with some employees citing positive work environments and others noting challenges. Prospective employees should research company culture, benefits, and reviews to assess fit.

Is becoming a MLO worth it?

Becoming a mortgage loan originator (MLO) can be a worthwhile career for those interested in the real estate and finance industries, as it offers the potential for commission-based income and flexible schedules. However, it requires licensing, strong sales skills, and the ability to build client relationships, with income often dependent on market conditions and individual performance.
More about Prime Lending jobs
What cities are hiring for Prime Lending jobs? Cities with the most Prime Lending job openings:
Infographic showing various Prime Lending job openings in the United States as of June 2026, with employment types broken down into 3% As Needed, 91% Full Time, and 6% Part Time. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $124,999 per year, or $60.1 per hour.

Hyundai Finance Manager

Modernity Equity Holdings Little

Cerritos, CA

Full-time

Posted 8 days ago


Job description

Cerritos, CA | Onsite |Full time| $160k-$205k| Schedule: Varied

Norm Reeves Dealerships is a nationally-recognized group of privately-owned retail automotive dealerships located in Southern California, Texas, and Florida including the #1 RETAIL DEALER IN THE NATION. With a history dating back to 1963, our group has established a reputation for innovation, integrity, and customer-centric services. We are expanding rapidly and are looking for talented individuals who are eager to grow their careers while the company continues to expand!

As a Finance Manager, you’re one of the most important team members at Norm Reeves Hyundai. You’re responsible for creating a super Norm Reeves Hyundai experience for our guests by using your unwavering ethics, previous experience as a Finance Manager and existing relationship with Prime/Mid-Prime/Sub-Prime lenders.

Your work will ensure guests are our primary focus and leave 100% satisfied with their Norm Reeves Hyundai experience. This role is a great way for a competitive person with exceptional follow through skills to launch your career with us!

What You’ll Do:

  • Sell all of the tangible/in-tangle back-end products using a menu (Service Contracts, GAP, Paint/Fabric Sealants)
  • Manage Contracts in Transit on a daily basis
  • Use your prior experience with credit challenged sub-prime auto loan lending and complete understanding of sub-prime automotive business
  • Demonstrate resilience to work with lenders that specialize in poor credit profiles and sub-prime lending.
  • Pay attention to detail and collect all stipulations that go with a subprime credit file
  • Take a transaction from A-Z, from the inception of the initial lead inquiry to delivery of the vehicle and funding of the loan.
  • Model patience and work with credit challenged clientele

What You’ll Need:

  • A valid driver’s license and acceptable driving record
  • Salesperson License
  • MINIMUM of 2 YEARS in a finance manager role
  • Ability to effectively rehash deals with Prime/Mid-prime/Sub-prime lenders
  • Ability to average OVER $1,800 PRU
  • Excellent organizational and follow up skills
  • Leadership skills in team-based and independent settings

Benefits & Employee Perks

  • Medical, Dental, Vision, and Complimentary Life Insurance

  • 401k Matching and FSA

  • Tuition Reimbursement

  • Paid Time Off (accrues)

  • Supplemental Insurance (Hospital, Accident, Critical Illness)

  • Discounts on Vehicles, Services, and Parts