Commercial Loan Workout Officer jobs in Lawrence, MA
Commercial Loan Workout Officer restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer typically reports to a supervisor or manager. The Commercial Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Commercial Loan Workout Officer jobs
Bilingual Loan Officer Assistant (On-Site)
- CrossCountry Mortgage, LLC.
-
Lawrence, MA
FULL_TIME
-
CrossCountry Mortgage (CCM) is one of the nation’s top 3 retail mortgage lenders with more than 7,000 employees operating nearly 600 branches across all 50 states. We have been recognized nine times on the Inc. 5000 list of America’s fastest-growing private businesses and have received countless awards for our standout culture. Through our dedication to getting it done, we make every mortgage feel like a win.A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.Position Overview:The Bilingual Loan Officer Assistant provides support to CrossCountry Mortgage, LLC.’s (“CCM”) mortgage loan officers in their daily duties to increase loan production levels. The Sales Assistant works directly with CCM customers, loan officers, and processors to ensure a positive customer experience and facilitate timely loan closings.Job Responsibilities:
- Assist in reviewing mortgage loan application and documentation, which may include phone and computer work, printing, copying, scanning, emailing, overnighting documents, etc.
- Review mortgage loan disclosure packages and deliver them to the borrower.
- Create rate disclosure and re-disclosure packages and deliver them to the borrower.
- Review documents and entire loan files and work to prevent problems by highlighting deficiencies and then notifying the mortgage loan officer and/or loan processor.
- Clarify/correct information and obtain additional information, as necessary, via phone, email, etc.
- General clerical and phone support to loan officers and/or loan processors, as needed.
- Work with management to provide support in various stages and areas of lending and processing as needed.
- Assist in managing a pipeline consisting of conventional, FHA, VA, and USDA loans, along with 203K and reverse mortgage products.
- Deliver appraisals and/or property valuations to the borrower and retrieve proof of receipt.
- Track outstanding items on all loan files and follow up with customers to ensure timely receipt of necessary documentation.
- Facilitate timely loan closings by working directly with the Title Company and customer to schedule.
Qualifications and Skills:- High School Diploma, General Equivalency Diploma (GED), or educational equivalent from an accredited institution.
- Fluency in the languages of Spanish and English in order to communicate effectively with internal and external customers, of whom may speak only English or Spanish.
- A minimum of 1 year of mortgage-related experience, including customer contact.
- Good communication skills.
- NMLS License under the terms of the S.A.F.E. Act of 2008 (“SAFE Act”) *, preferred.
- Adheres to tight deadlines.
- Previous sales support experience, preferred.
- Proficient with Microsoft Office applications.
- Salesforce working experience.
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com/
California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California consumers.CrossCountry Mortgage, LLC. (NMLS3029) is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to race, religion, creed, color, orientation, gender, age, national origin, veteran status, disability status, marital status, sexual orientation, gender identity, or gender expression, or any other protected status in accordance with all applicable federal, state and local laws. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. Employment is contingent upon successful completion of a background investigation. CrossCountry Mortgage, LLC. is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org. - 3 Days Ago
External Mortgage Loan Originator
- AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY
-
Methuen, MA
OTHER
- Job Details Job Location: 6290 Methuen - Methuen, MA Position Type: Full Time Education Level: High School Salary Range: Undisclosed Travel Percentage: Road Warrior Job Category: Sales DescriptionAnni...
- 1 Month Ago
Commercial Roofer
- Uni-Ply Roofing Inc
-
Middleton, MA
FULL_TIME
- Benefits: 401(k) matching Free uniforms Health insurance Paid time off At Uni-Ply Roofing, Inc. we have been installing single-ply roofing systems since our incorporation in 1988. We are certified app...
- 2 Days Ago
Commercial Cleaner
- The Dust Collectors
-
Gloucester, MA
FULL_TIME
- Summary The Dust Collectors, LLC has been serving commercial businesses and homeowners in Gloucester and Camden County NJ for over 10 years. Our custom cleaning solutions, quality assurance program, p...
- 25 Days Ago
Manager, Commercial Counsel
- Highland Electric Fleets
-
Beverly, MA
FULL_TIME
- About UsHighland Electric Fleets is a comprehensive turnkey solutions provider that delivers electric school buses (EVSB) to school districts and third-party managed fleet providers (3PMs).We offer a ...
- 19 Days Ago
Commercial Refrigeration Installer
- Sila Services
-
North Andover, MA
FULL_TIME
- NETR, Inc. - Commercial Refrigeration TechnicianDo you take pride in exceeding customer expectations? Are you looking to join a company that encourages and facilitates a culture of integrity, innovati...
- 20 Days Ago
Filters
- Current Active Filter
- Lawrence, MA
Clear All
- Filter Jobs By posted time
- Within 1 Day
- Within 2-7
- Within 1 Month
- Within 3 Months
0 Commercial Loan Workout Officer jobs found in Lawrence, MA area
Portfolio Manager - Special Assets
- Rockland Trust
-
Boston, MA
- Rockland Trust is seeking a Portfolio Manager to join our Special Assets group. Description: Rockland Trust is currently...
- 4/25/2024 12:00:00 AM
Branch Manager - Needham - 695 Highland Ave
- Dedham Savings
-
Dedham, MA
- Job Description Job Description At Dedham Savings, we believe that being here for the journey means supporting our custo...
- 4/24/2024 12:00:00 AM
Commercial Loan Officer (CRE)
- Rockland Trust
-
Peabody, MA
- Rockland Trust Company is looking for a seasoned CRE Lender to develop and maintain commercial business focusing on smal...
- 4/23/2024 12:00:00 AM
Risk Management Analyst
- Enterprise Bank
-
Lowell, MA
- We are Hiring! Risk Management Analyst - Lowell, MA Enterprise Bank, is a growing and successful commercial bank where y...
- 4/23/2024 12:00:00 AM
Assistant Branch Manager
- Dedham Savings
-
Dedham, MA
- Job Description Job Description At Dedham Savings, we believe that being here for the journey means supporting our custo...
- 4/23/2024 12:00:00 AM
Credit Analyst I
- Enterprise Bank
-
Lowell, MA
- We are Hiring! Credit Analyst I - Lowell, MA Enterprise Bank, is a growing and successful commercial bank where your tal...
- 4/22/2024 12:00:00 AM
Commercial Loan Officer (CRE)
- Rockland Trust
-
Peabody, MA
- Rockland Trust Company is looking for a seasoned CRE Lender to develop and maintain commercial business focusing on smal...
- 4/21/2024 12:00:00 AM
Portfolio Manager - Special Assets
- Rockland Trust
-
Boston, MA
- Rockland Trust is seeking a Portfolio Manager to join our Special Assets group. Description: Rockland Trust is currently...
- 4/21/2024 12:00:00 AM
About Lawrence, Massachusetts
According to the United States Census Bureau, the city has a total area of 7.4 square miles (19 km2), of which 7.0 square miles (18 km2) is land and 0.4 square miles (1.0 km2) (6.07%) is water. Lawrence is on both sides of the Merrimack River, approximately 26 miles (42 km) upstream from the Atlantic Ocean. On the north side of the river, it is surrounded by Methuen. On the south side of the river, the town is bordered by North Andover to the east, and Andover to the south and southwest. Lawrence is approximately 30 miles (48 km) north-northwest of Boston and 27 miles (43 km) southeast of Manc...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$69,588 to $90,278
Lawrence, Massachusetts area prices
were up 1.6% from a year ago
were up 1.6% from a year ago
What does a Commercial Loan Workout Officer do?
Commercial Loan Workout Officer in Lorain, OH
Acts as the primary servicing officer for a problem loan and deposit portfolio. Meets with problem loan customers on a regular basis, monitors financial performance, establishes action plans to correct problem issues, monitors collateral value and condition and provides continuous diligence to mitigate loss exposure to the bank.
January 23, 2020
Commercial Loan Workout Officer in Colorado Springs, CO
Director - Commercial Loan Workout Officer - Special Assets Group.
January 13, 2020
Commercial Loan Workout Officer in Laramie, WY
Interacts with other workout officers, lending officials, and borrowers to better secure collateral, equity, or other assets of the borrower.
January 31, 2020