Loan Workout Officer jobs in Billings, MT

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)

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Loan Officer
  • Premier Home Mortgage
  • Billings, MT FULL_TIME
    • About Premier Home Mortgage

    Premier Home Mortgage, Inc is a mid-sized mortgage company formed in 2004 and headquartered in Rapid City, South Dakota. Licensed in 27 states, we focus our business in the Midwest, serving Midwestern cities with honest values and ethics. Every day we make a difference in the lives of families in the cities and towns we serve, places where a hand shake and your name still mean something. If you want to make a bigger impact in your community, talk to us about who we are and how we might fit with your goals and aspirations.

    Position Overview

    Increases consumer mortgage loan portfolio by developing business contacts and a qualified customer base.

    Essential Job Functions and Responsibilities

    The Loan Officer (LO) is responsible for attracting new mortgage loan applicants by developing a strong network in the community and surrounding area by becoming involved with local realtors, making sales calls and attending networking events.

    The Loan Officer (LO) will examine applications and supporting documentation to estimate credit-worthiness, repayment risk and program qualifications. The LO will complete mortgage loans by collecting documentation, verifying information and preparing the mortgage loan for the loan processing and underwriting process. The LO must ensure the mortgage loan meets operational standards, such as productivity, quality and customer-service, set forth by the company. They must also protect the company’s image by keeping loan information confidential. The LO will accompany their customers during the loan closing process.

    Continuing Education and updating job knowledge will be the responsibility of the Loan Officer. The LO will be required to participate in educational opportunities and read current publications to obtain the minimum qualifications set forth by individual state licensing institutions.

    Other duties and responsibilities may arise out of business need and be assigned at a later time.

    Qualifications & Skills

    Minimum high school education
    NMLS license will be required
    Travel required locally

    Abilities Required

    Must be able to sit in office setting for up to 8 hours per day. Limited mobility required to meet with clients both in-house and off premises.

    Disclaimer:

    The above statements are intended to describe the general nature and level of work being performed. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required. Duties, responsibilities and activities may change at any time with or without notice.

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  • 1 Month Ago

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Mortgage Loan Officer
  • Pacific Wholesale Mortgage
  • Billings, MT FULL_TIME
  • Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we’d love to talk with you about joinin...
  • 21 Days Ago

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Commercial Loan Officer
  • The Executive Group
  • Billings, MT FULL_TIME
  • Commercial Loan Officer - Strong community bank in Montana is seeking a Commercial Loan Officer. Prefer community banking experience of 2-4 years or more. A thorough understanding of credit and a thri...
  • 6 Days Ago

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MONTANA Mortgage Loan Officer
  • Mission San Jose Mortgage
  • Billings, MT PART_TIME,FULL_TIME
  • We are looking for a loan officer to evaluate, authorize approval or deny loan applications for people or for businesses. You will act as a liaison between customers and our financial institution and ...
  • 1 Month Ago

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COMMERCIAL LOAN OFFICER
  • Stockman Bank of Montana
  • Billings, MT FULL_TIME
  • Branch location to be determined within the Billings Market Position General Responsibilities:Process and approve commercial, agricultural and some consumer loan requests. Inspections and verification...
  • 1 Month Ago

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Montana Mortgage Loan Officer or has passed the NMLS Safe Test
  • Mission San Jose Mortgage
  • Billings, MT PART_TIME,FULL_TIME,CONTRACTOR
  • About us Mission San Jose Mortgage is a local direct lender. Mission San Jose Mortgage has built a reputation within the community for Excellence and Integrity. With all of the changes in this busines...
  • 18 Days Ago

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0 Loan Workout Officer jobs found in Billings, MT area

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RN - Surgery Center (OR Circulator - .9 FTE)
  • Billings Clinic
  • Billings, MT
  • Youll want to join Billings Clinic for our outstanding quality of care, exciting environment, interesting cases from a v...
  • 4/23/2024 12:00:00 AM

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Social Service Technician (51350)
  • State of Montana
  • Billings, MT
  • Description: The Montana Department of Public Health and Human Services (DPHHS) has a career opportunity within the Chil...
  • 4/23/2024 12:00:00 AM

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Psychologist - Work in Fort Harrison, MT
  • Veterans Health Administration
  • Billings, MT
  • Summary This position is eligible for the Education Debt Reduction Program (EDRP), a student loan payment reimbursement ...
  • 4/22/2024 12:00:00 AM

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Loan Servicing Senior Specialist
  • First Interstate Bank
  • Billings, MT
  • Loan Post Close Specialist I page is loaded Loan Post Close Specialist I Apply locations Billings, MT - Great West Cente...
  • 4/22/2024 12:00:00 AM

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System Analyst - ERM
  • First Interstate Bancsystem Inc
  • Billings, MT
  • **If you are a current FIB employee, please apply through the Career Worklet in theEmployee PortalThis position is a hyb...
  • 4/22/2024 12:00:00 AM

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Land Manager
  • Westmoreland Mining Llc
  • Billings, MT
  • Position Summary Land Manager is responsible for a wide range of processes by which real property is acquired, maintaine...
  • 4/22/2024 12:00:00 AM

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HIM Specialty Coder II - Central Billing Office
  • Billings Clinic
  • Billings, MT
  • Youll want to join Billings Clinic for our outstanding quality of care, exciting environment, interesting cases from a v...
  • 4/19/2024 12:00:00 AM

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Land Manager
  • Westmoreland Mining, LLC
  • Billings, MT
  • Position Summary Land Manager is responsible for a wide range of processes by which real property is acquired, maintaine...
  • 4/19/2024 12:00:00 AM

Billings is the largest city in the U.S. state of Montana, with a population estimated at 109,642 as of 2017. Located in the south-central portion of the state, it is the seat of Yellowstone County and the principal city of the Billings Metropolitan Area, which has a total a population of 170,498. It has a trade area of over 500,000. Billings was nicknamed the "Magic City" because of its rapid growth from its founding as a railroad town in March 1882. The city is named for Frederick H. Billings, a former president of the Northern Pacific Railroad. With one of the largest trade areas in the Uni...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$63,796 to $89,991
Billings, Montana area prices
were up 3.1% from a year ago

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After collecting and verifying all the required financial documents, the loan officer evaluates the information they obtain to determine the applicant’s need for a loan and ability to pay back the loan.
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Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.
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