Loan Workout Officer jobs in Massachusetts

Who are you:

We are seeking a dedicated and knowledgeable Mortgage Loan Officer to join our team. The successful candidate will be responsible for assisting clients in securing residential mortgage loans, providing exceptional customer service, and ensuring compliance with state and federal regulations. Newly licensed candidates are welcome to apply as we offer mentorship and training for the right candidate.

What you will be doing:

• Evaluate loan applications and determine eligibility based on financial status, credit history, and property evaluations.
• Assist clients in selecting appropriate mortgage products that suit their needs and financial circumstances.
• Guide clients through the mortgage application process, from pre-approval to closing.
• Maintain up-to-date knowledge of Massachusetts mortgage lending laws, regulations, and market conditions.
• Build and maintain strong relationships with clients, real estate agents, and other industry professionals.
• Ensure all required documents are collected and submitted in a timely manner.
• Provide clear and accurate information to clients regarding loan terms, conditions, and costs.
• Work with underwriting and closing departments to ensure smooth and timely processing of mortgage loans.

Our ideal candidate has:

• High school diploma or equivalent
• New Licensed Loan Officers welcome to apply
• Mentorship and trainings available
• Commissioned based, high earning potential
• Understanding of mortgage products, loan origination process, and Massachusetts state regulations.
• Excellent communication and interpersonal skills.
• Strong analytical and decision-making abilities.
• Proficiency in mortgage loan software and Microsoft Office Suite.
• Ability to work independently and manage multiple tasks simultaneously.
• Licensed by the Nationwide Mortgage Licensing System (NMLS) or ability to obtain licensure.

About our client:

Our partner was established in 2006 in the state of Massachusetts and has been one of the top 5 loan originators for the last five years! The company has received many awards for its performance for the last ten consecutive years. Also, serving the community in English, Portuguese and Spanish languages. Its reputation stands with authority, competence, and trust.

For 15 years, our partner has assisted and made more than 10,000 families and individuals, homeowners for the first time! The specialist team of loan officers has the passion and determination to make dreams become a reality. The processing team is one of the fastest and most knowledgeable in the industry!

Our mission is to serve our local customers with trust, loyalty, and competence while providing them with the lowest interest rates and closing costs possible, aligning with what is best for our clients.

Also, we pledge to help borrowers overcome roadblocks that can arise while securing a loan. Finally, home buying made simple!

Additional information:

• 100% commission-based with high earning potential
• 2 office locations available
• Marketing manager weekly session available
• Mentorship
• Flexible work environment, remote, hybrid or onsite