Commercial Loan Workout Officer jobs in Wilmington, DE

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)

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Loan Officer - Salaried/Exempt
  • Draper & Kramer Mortgage Corp.
  • Exton, PA FULL_TIME
  •  

     Responsibilities:

    • Participate and complete training as directed by the senior loan officer.

    • Assist with originating and evaluating mortgage loans according to company guidelines and standards.

    • At the direction of the senior loan officer, meet with mortgage loan borrowers on the phone and in person, advising and guiding them throughout the entire loan process.

    • Assist in reviewing and calculating income on wage-earning and self-employed borrowers.

    • Assist with the review and recalculation of assets per documentation.

    • Assist borrowers with mortgage technology systems, e-signing and uploading of documents.

    • Prepare and organize loan origination documents, and validate required borrower information.

    • Pull credit reports and run loans through the automated underwriting system.

    • Order third-party services, and submit files to processing.

    • Research investor/agency guidelines via AllRegs, ensure loans meet requirements and assist loan officers with structuring loans and selecting qualifying investors.

    • Generate initial loan disclosures and send to borrowers for execution. 

    • Submit and monitor the status of applications.

    • Maintain good relationships with clients by keeping them informed.

    • Interact with real estate agents, appraisers and sales agents as needed.

    • At the direction of the senior loan officer, coordinate, communicate and guide all borrowers, real estate agents and attorneys through the loan process and loan statuses.

    • At the direction of the senior loan officer, contact borrowers to collect additional supporting documentation.

    • Assist with the review and approval of initial closing disclosures, and assist in scheduling closings.

     

    Required Qualifications: 

    • Active mortgage loan origination license

    • Some experience in mortgage banking

    • Excellent interpersonal, communication, presentation and sales skills

    • Compliance with financial and lending practices

    • Strong verbal skills

    • Professional and outstanding attitude

    • Microsoft Office skills (Word, Excel, PowerPoint, etc.)

    • Sales aptitude with a focus on customer service

     

    Preferred Qualifications: 

    • Experience with Encompass LOS

    • Experience with AllRegs

    • Experience with Total Expert or other CRMs

    Experience in a multi-lender environment 

  • 15 Days Ago

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Loan Officer Outside Sales
  • Primary Residential Branding
  • Newark, DE FULL_TIME
  • Position Purpose - Responsibilities/Duties/Functions/Tasks The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong busi...
  • Just Posted

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Mortgage Loan Officer
  • Obsidian Financial Services
  • North, MD FULL_TIME
  • Are you over the fact that you cannot close a loan in 10 days!? Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?At Obsidian Finan...
  • 8 Days Ago

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Mortgage Loan Officer
  • Coldwell Banker Premier
  • Milford, DE FULL_TIME
  • Mortgage Loan Officer Success Mortgage is currently seeking an experienced In house Loan Officer to handle company leads. Our ideal candidate will seek and develop relationships for new business sourc...
  • 18 Days Ago

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Mortgage Loan Officer
  • Coldwell Banker Premier
  • Seaford, DE FULL_TIME
  • Mortgage Loan Officer Success Mortgage is currently seeking an experienced In house Loan Officer to handle company leads. Our ideal candidate will seek and develop relationships for new business sourc...
  • 18 Days Ago

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Loan Officer - Salaried/Exempt
  • Draper & Kramer Mortgage Corp.
  • Exton, PA FULL_TIME
  • Responsibilities: • Participate and complete training as directed by the senior loan officer. • Assist with originating and evaluating mortgage loans according to company guidelines and standards. • A...
  • 25 Days Ago

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0 Commercial Loan Workout Officer jobs found in Wilmington, DE area

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Data Engineer - Business Intelligence & Analytics
  • Goldman Sachs
  • Wilmington, DE
  • MORE ABOUT THIS JOB: ENGINEERING What We Do At Goldman Sachs, our Engineers dont just make things we make things possibl...
  • 3/18/2024 12:00:00 AM

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Niche Support Personnel - Trade support Basic (1-3 years)
  • ATR International
  • Newark, DE
  • We are seeking Trade support Basic for a very important client Wholesale Lending Services (WLS), an area within the Comm...
  • 3/18/2024 12:00:00 AM

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Trade Support Analyst
  • Dexian - DISYS
  • Newark, DE
  • Title: Trade Support Analyst Location: Newark, DE (Hybrid) Hours: 8:30AM -5PM DESCRIPTION Wholesale Lending Services (WL...
  • 3/17/2024 12:00:00 AM

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Regional Sales Manager
  • Nubridge
  • Philadelphia, PA
  • **Regional Sales Manager** ****Regional Sales Manager (Commercial Loan Officer)**** The Regional Sales Manager (RSM) rep...
  • 3/16/2024 12:00:00 AM

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Assistant Branch Manager - 21st & Passyunk Ave.
  • WSFS Bank
  • Philadelphia, PA
  • Job Description Schedule: Monday - Friday 8 AM - 6 PM, Saturday 9 AM - 1 PM At WSFS Bank, we empower our Associates to g...
  • 3/16/2024 12:00:00 AM

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Investment Accounting Vice President - Mortgage Loan (DEL)
  • BlackRock, Inc.
  • Wilmington, DE
  • About this role About This Role Are you an Accounting professional searching for an exciting, significant, dynamic oppor...
  • 3/16/2024 12:00:00 AM

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Finance Associate
  • Stradley Ronon Stevens & Young, LLP
  • Cherry Hill, NJ
  • Stradley Ronon Stevens & Young, LLP is seeking a mid-level finance associate to join our Financial Services Practice Gro...
  • 3/15/2024 12:00:00 AM

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Mortgage Loan Officer
  • MORTGAGE NETWORK SOLUTIONS LLC
  • Wilmington, DE
  • Job Description Job Description Mortgage Network Solutions, LLC is looking for licensed/ experienced mortgage loan offic...
  • 3/14/2024 12:00:00 AM

According to the United States Census Bureau, the city has a total area of 17.0 square miles (44 km2). Of that, 10.9 square miles (28 km2) is land and 6.2 square miles (16 km2) is water. The total area is 36.25% water. The city sits at the confluence of the Christina River and the Delaware River, about 33 miles (53 km) southwest of Philadelphia. Wilmington Train Station, one of the southernmost stops on Philadelphia's SEPTA rail transportation system, is also served by Northeast Corridor Amtrak passenger trains. Wilmington is served by I-95 and I-495 within city limits. In addition, the twin-s...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$68,273 to $88,579
Wilmington, Delaware area prices
were up 1.0% from a year ago

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