{"schemaVersion":"jobsearcher.job.v1","id":"c71ac48f936db01ac4ba4e5d","url":"https://jobsearcher.com/jobs/c71ac48f936db01ac4ba4e5d","canonicalUrl":"https://jobsearcher.com/jobs/c71ac48f936db01ac4ba4e5d","title":"Quality Assumptions Processor","description":"PENNYMAC:\nPennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.\n\nAt Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.\nA Typical Day:\nThe Qualified Assumption Processor will work with applicants who wish to assume the mortgage terms and payment of qualified mortgage loans.\n\nThe Qualified Assumption Processor will:\n\nDiscuss qualified assumption process, requirements and steps with applicants (When applicable)\nAnalyze and evaluate documentation received from customers\nInput any required information into the underwriting module accurately and within established time frames\nSubmit completed application and documents to operations/underwriter\nFollow the standard purchase operational flow through underwriting and submission to the closing dept\nPerform other related duties as required and assigned\nDemonstrate behaviors which are aligned with the organization’s desired culture and values\nWhat You’ll Bring:\nSolid knowledge of mortgage underwriting conditions and of basic automated underwriting systems\nExtensive knowledge of conventional conforming & high balance, FHA, VA guidelines\nUST Certified strongly preferred\nKnowledge of state and federal agency mortgage loan guidelines and regulations helpful\nMust be highly proficient in Excel and Word\nWhy You Should Join:\nAs one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.\nPennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.\n\nBenefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include:\nComprehensive Medical, Dental, and Vision\nPaid Time Off Programs including vacation, holidays, illness, and parental leave\nWellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)\nRetirement benefits, life insurance, 401k match, and tuition reimbursement\nPhilanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships\n\nTo learn more about our benefits visit: https://pennymacnews.page.link/benefits\n\nCompensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:\nLower in range - Building skills and experience in the role\nMid-range - Experience and skills align with proficiency in the role\nHigher in range - Experience and skills add value above typical requirements of the role\n\nSome roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.\n\nSalary: $45,000 - $66,000 Work Model: OFFICE","company":"PennyMac","rawCompany":"pennymac","city":"Plano","state":"TX","isRemote":false,"isActive":false,"createdAt":"2026-07-29T11:36:20.735Z","occupations":[{"code":"13-2072.00","title":"Loan Officers","slug":"loan-officers"},{"code":"43-4131.00","title":"Loan Interviewers and Clerks","slug":"loan-interviewers-and-clerks"},{"code":"13-2099.01","title":"Financial Quantitative Analysts","slug":"financial-quantitative-analysts"}],"industries":[{"code":"522292","title":"Real Estate Credit","slug":"real-estate-credit"},{"code":"522291","title":"Consumer Lending","slug":"consumer-lending"},{"code":"522310","title":"Mortgage and Nonmortgage Loan Brokers","slug":"mortgage-and-nonmortgage-loan-brokers"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Quality Assumptions Processor","description":"PENNYMAC:\nPennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.\n\nAt Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.\nA Typical Day:\nThe Qualified Assumption Processor will work with applicants who wish to assume the mortgage terms and payment of qualified mortgage loans.\n\nThe Qualified Assumption Processor will:\n\nDiscuss qualified assumption process, requirements and steps with applicants (When applicable)\nAnalyze and evaluate documentation received from customers\nInput any required information into the underwriting module accurately and within established time frames\nSubmit completed application and documents to operations/underwriter\nFollow the standard purchase operational flow through underwriting and submission to the closing dept\nPerform other related duties as required and assigned\nDemonstrate behaviors which are aligned with the organization’s desired culture and values\nWhat You’ll Bring:\nSolid knowledge of mortgage underwriting conditions and of basic automated underwriting systems\nExtensive knowledge of conventional conforming & high balance, FHA, VA guidelines\nUST Certified strongly preferred\nKnowledge of state and federal agency mortgage loan guidelines and regulations helpful\nMust be highly proficient in Excel and Word\nWhy You Should Join:\nAs one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.\nPennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.\n\nBenefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include:\nComprehensive Medical, Dental, and Vision\nPaid Time Off Programs including vacation, holidays, illness, and parental leave\nWellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)\nRetirement benefits, life insurance, 401k match, and tuition reimbursement\nPhilanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships\n\nTo learn more about our benefits visit: https://pennymacnews.page.link/benefits\n\nCompensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:\nLower in range - Building skills and experience in the role\nMid-range - Experience and skills align with proficiency in the role\nHigher in range - Experience and skills add value above typical requirements of the role\n\nSome roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.\n\nSalary: $45,000 - $66,000 Work Model: OFFICE","datePosted":"2026-07-29T11:36:20.735Z","dateModified":"2026-07-29T11:36:20.735Z","hiringOrganization":{"@type":"Organization","name":"PennyMac","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Plano","addressRegion":"TX","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"c71ac48f936db01ac4ba4e5d"},"url":"https://jobsearcher.com/jobs/c71ac48f936db01ac4ba4e5d"}}