Loan Workout Officer jobs in Mississippi
Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Loan Workout Officer jobs
Mortgage Loan Officer
- Fidelity Bank LA
-
Ridgeland, MS
FULL_TIME
-
This position is located in Ridgeland, MS, 39157.
The Loan Officer is responsible for making sales. This position requires strong sales and marketing skills, excellent communication and detailed follow-through. A Loan Officer is responsible for self-sourcing high quality loans, while providing excellent customer service. Must be able to identify opportunities and to develop strong business relationships with realtors, builders and other business partners. Sales experience preferred but not required.
Job Requirements:- GED or High School diploma
- Must be customarily and regularly engaged away from the employer’s place of business engaging in sales activities
- Ability to build relationships with realtors, agents, brokers, builders, customers, title companies, insurance companies and other outside referral sources
- Ability to organize, prioritize and handle a high volume of loans in the pipeline all in various stages of the loan life cycle
- Ability to manage multiple contacts handling the loan at different stages
- Ability to obtain Safe Act certification
- Sales-oriented
- Excellent verbal and written communication skills
- Good problem solving and negotiating skills
- Strong organizational skills
- Strong time management skills
- Strong analytical skills
- Detail oriented
- Proficient in Microsoft Office including Word and Outlook
- Bachelor’s degree preferably in a business-related field. Four years of related experience can be substituted for the degree.
- Mortgage lending industry experience
- Previous background in business, sales, marketing or management
- General knowledge of the processing and underwriting functions
- General knowledge of investor procedures/guidelines
- Encompass experience
- Supervises Loan Officer Associates
- Develop new business by utilizing various methods that may include but not limited to: attending/sponsoring community or marketing events and realtor open houses, hosting realtor appreciation breakfasts/lunches/dinners, attending/conducting continuing education classes, attending/hosting broker tours, maintaining social networking sites, and cold-calling agents
- Send email blasts to realtors, agents, brokers, and builders with new products and/or rates
- Take complete and accurate loan applications and submit to Processing
- Analyze and understand pay stubs and tax returns and calculate debt, business income and rental income to understand and explain to a loan applicant why their loan was approved/not approved
- Follow credit guidelines to understand findings from credit reports
- Order appraisal and title fees
- Request required documents from customers
- Communicate changes to processing department
- Review and initial fee sheet
- Review Closing Disclosure
- Attend closing or be available by phone, when possible
- Assist with clearing investor conditions to get loan purchased
- Complies with regulatory rules and regulations, evidenced through successful completion of training and demonstrated ability
- Performs other duties as appointed by management
- 6 Days Ago
Loan Officer Assistant
- Primary Residential Mortgage
-
Ridgeland, MS
FULL_TIME
- Position Purpose - Responsibilities/Duties/Functions/TasksThe purpose of this position is to assist the loan officer and processor with the work flow on each transaction, including chasing docs, follo...
- 6 Days Ago
Mortgage Loan Officer
- Merchants & Marine Bank
-
Ridgeland, MS
OTHER
- Canvas Mortgage - A Division of Merchants & Marine BankCanvas Mortgage, a division of Merchants & Marine Bank, is growing and expanding our mortgage production teams in Louisiana, Mississippi, Alabama...
- 6 Days Ago
Mortgage Loan Officer
- Usługi Poligraficzno-Wydawnicze ADET Sp. z o.o.
-
Ridgeland, MS
FULL_TIME
- This position is located in Ridgeland, MS, 39157.The Loan Officer is responsible for making sales. This position requires strong sales and marketing skills, excellent communication and detailed follow...
- 6 Days Ago
Loan Officer Assistant
- Primary Residential Branding
-
Ridgeland, MS
FULL_TIME
- Position purpose - Responsibilities/Duties/Functions/Tasks The purpose of this position is to assist the loan officer and processor with the work flow on each transaction, including chasing docs, foll...
- 9 Days Ago
Mortgage Loan Officer
- First Horizon Mortgage
-
Flowood, MS
FULL_TIME
- Company Description First Horizon Mortgage is a leading mortgage lender located in Flowood, MS. Our mortgage professionals are experts in finding the right financing solutions to meet our clients' nee...
- Just Posted
Loan Workout Officer jobs at Popular Companies
Loan Officer
- CapCenter
-
Richmond, VA
- CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
- 6/12/2024 12:00:00 AM
Mortgage Loan Officer
- Nexera Holdings
-
Emeryville, CA
- Newfi offers an amazing compensation package along with member service leads, digital mortgage technology, top of the li...
- 6/12/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 6/12/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 6/12/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 6/10/2024 12:00:00 AM
Loan Workout Officer III
- Fulton Bank
-
Lancaster, PA
- Value Proposition: Our values define us and our culture inspires us to change lives for the better. Our employees are th...
- 6/10/2024 12:00:00 AM
Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
- The Symicor Group
-
Austin, TX
- Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen o...
- 6/10/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
Riverside, CA
- Overview: Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase...
- 6/10/2024 12:00:00 AM
About Mississippi
Mississippi is bordered to the north by Tennessee, to the east by Alabama, to the south by Louisiana and a narrow coast on the Gulf of Mexico; and to the west, across the Mississippi River, by Louisiana and Arkansas.
In addition to its namesake, major rivers in Mississippi include the Big Black River, the Pearl River, the Yazoo River, the Pascagoula River, and the Tombigbee River. Major lakes include Ross Barnett Reservoir, Arkabutla Lake, Sardis Lake, and Grenada Lake with the largest lake being Sardis Lake.
Mississippi is entirely composed of lowlands, the highest point being Woodall Mountai...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$59,052 to $83,304
Most Popular Cities in Mississippi for Loan Workout Officer Jobs
What does a Loan Workout Officer do?
Loan Workout Officer in Anaheim, CA
Administers and restructures problem loans and deposit relationships, including extremely complex situations, with very little managerial supervision, to assure optimal levels of principal, interest and expense recovery.
November 30, 2019
Loan Workout Officer in Canton, OH
Develops and implements strategies to recover principal from borrowers whose non-performing loans have been charged off.
January 31, 2020
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020