Jr. Loan Officer jobs in United States
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Newrez · 5 days ago

Jr. Loan Officer

Newrez is a financial services company specializing in mortgage solutions. The Jr. Loan Officer is responsible for selling loan products, developing referral sources, and maintaining a positive sales environment through education and support for potential borrowers and real estate professionals.

FinanceFinancial Services

Responsibilities

Contact prospective clients to develop and maintain referral sources
Meet with prospective clients at outside locations such as a client’s home
Make in-person calls on real estate agents, financial advisors and other potential referral sources to develop borrower leads
Utilize and develop a network of resources for mortgage loan business development and solicitation for new business
Utilize, manage and market to a database of customer contacts
Maintain a positive sales environment by educating potential borrowers, Real Estate Agents and Homebuilder sales representatives on the Company’s products and services; create and deliver presentations when necessary
Complete thorough loan applications by communicating with perspective applicants and obtain specified information relating to the loan or credit application; correspond with applicant via telephone, email or in-person to resolve any questions regarding application information
Perform prequalification assessment and analysis of financial condition and risk of financing requests within the Company’s credit policies and programs, as well as all state and federal lending regulations (FHA, VA, Fannie Mae, Freddie Mac, Conventional, Conforming, Rural Housing Development, Bond and Portfolio)
Negotiate rate, terms and conditions of the loan
Lock loans on time and in the correct product type to avoid fall-out
Collect up-front fees from applicant
Submit complete loan application, including all required documents and disclosures, and coordinate the process with assigned processing center
Input loans into appropriate Automated Underwriting System (AUS), such as DU or LP, for underwriting decision
Assist with, and solve, issues relating to processing, underwriting and closing of loans within employee’s loan pipeline
Develop and maintain knowledge of the financial industry, economy, market conditions, rates, vendors and competition
Represent the Company in various community and civic functions to enhance the Company’s image and develop additional business
Consistently apply superior decision making techniques relating to applicant inquiries, approvals, and requests as they pertain to existing policies, regulations and procedures
Maintain compliance on all loan files and pipeline
Other duties as assigned

Qualification

Active MLO licenseLending origination experienceAutomated Underwriting SystemPC skillsReal estate marketsCustomer service skillsNegotiation skillsCommunication skillsProblem-solving skillsTeamwork skills

Required

Must have an active state MLO license in each state where business is to be conducted
High-school diploma or GED and a minimum
3-years lending origination experience
Strong PC skills, including Power Point, Excel, Word and Lotus Notes
Solid knowledge of state and local real estate markets
Ability to plan for contingencies and anticipate problems and identify risks
Ability to negotiate persuasively to produce positive outcomes
Ability to effectively listen and respond to customers' needs
Ability to demonstrate a strong desire to satisfy one's internal and external customers by displaying superior customer service skills
Ability to demonstrate corporate responsibility by living our core values – Superior Customer Service, Integrity, Respect, Hard Work, and Long Term Commitment
Ability to instill trust and confidence from others
Ability to effectively convey and receive ideas, information, and directions
Ability to exhibit professional written and verbal communication at all times
Ability to build and maintain work relationships and contacts needed to effectively address issues and obstacles
Ability to value contribution of all team members and is effective at resolving workplace conflicts
Ability to establish positive rapport with customers
Ability to seek out new and creative ways to provide solutions to the customer's needs
Ability to demonstrate solid selling skills and techniques
Ability to influence others to gain commitment
Ability to maintain an intense optimism and focus on achieving goals even under adversity
Ability to recover quickly from setbacks and rejections
Ability to maintain and foster strong partnerships with customers
Ability to ensure customer satisfaction throughout the cycle of the sales process with support and service
Ability to complete all required training courses on time
Ability to identify customer needs and adapt sales presentations effectively

Benefits

Medical (including Health Savings Account & Flexible Savings Account)
Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match!
Performance-based Incentives
Pet Insurance
Advancement Opportunities
15 Paid Time Off (PTO) days and 18 after 1st anniversary!
9 Paid Holidays
Casual Workplace
Employee Engagement Activities
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Company

Newrez is your mortgage partner for all stages of your homeownership journey. We offer hundreds of mortgage products to match your needs.

Funding

Current Stage
Late Stage

Leadership Team

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Joshua Bishop
Chief Operating Officer, Servicing
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B
Bruce Williams
Vice Chairman
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