Loan Workout Manager jobs in Portsmouth, NH

Loan Workout Manager directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Loan Workout Manager is responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Additionally, Loan Workout Manager provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Loan Workout Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Workout Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

A
External Mortgage Loan Originator
  • AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY
  • Portsmouth, NH OTHER
  • Job Details

    Job Location:    2002 Portsmouth - Portsmouth, NH
    Position Type:    Full Time
    Education Level:    High School
    Salary Range:    Undisclosed
    Travel Percentage:    Road Warrior
    Job Category:    Sales

    Description

    AnnieMac Home Mortgage is looking to hire Full Time External Mortgage Loan Originators to establish referral source relationships for a steady flow of loan volume from real estate brokers and other external sources. Candidates should have experience directly related to the Mortgage Industry. Under the direct supervision of the Branch Manager, the job responsibilities of the External Mortgage Loan Originator position include, but are not limited to, the following:

    • Primary duty is to sell mortgage loans to customers away from and outside of AnnieMac Home Mortgages places of business. Work done at AnnieMac Home Mortgages offices is related and supplemental to outside sales.
    • Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals.
    • Regularly participate in mortgage sales including, but not limited to, attending closings and open houses, and conducting seminars and other lead-generating activities.
    • Take information from the borrower and fill out the loan application.
    • Develop relationships with referral partners such as realtors to generate new customers.
    • Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford.
    • Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product.
    • Collect financial information (tax returns, bank statements) and other related documents that are part of the application process;
    • Provide disclosures to the borrower, including truth in lending, good faith estimate, and others.
    • Counsel and advise the borrower in understanding and clearing credit problems.
    • Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed.
    • Order legal documents.
    • Review HUDS prior to closing.

    Qualifications


    • Must have appropriate state license or certificate (varies by state).
    • Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
    • Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors.
    • Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
    • Must have excellent communication skills and the ability to analyze financial information.
    • Must be a sales-oriented self-starter.

    Work Environment/Physical Demands: Travel is required 80% of the time.

    ***AnnieMac Home Mortgage is an Equal Opportunity Employer***

  • 15 Days Ago

S
Real Estate Loan Specialist - Portsmouth
  • Service Credit Union
  • Portsmouth, NH FULL_TIME
  • Service Credit Union is seeking a Real Estate Loan Specialist where you will be responsible for providing superior service to members and prospective members seeking real estate loan products and serv...
  • 5 Days Ago

S
Manager
  • Subway - 16374-0
  • Dover, NH FULL_TIME
  • As part of the Subway® Team, you as a Manager will focus on eight main things: Providing an excellent guest experience Ensuring that great food is prepared & servedKeeping our restaurants functional, ...
  • 19 Days Ago

S
Manager
  • Subway - 58433-0
  • Durham, NH FULL_TIME
  • As part of the Subway® Team, you as a Manager will focus on eight main things: Providing an excellent guest experience Ensuring that great food is prepared & servedKeeping our restaurants functional, ...
  • 19 Days Ago

D
Manager
  • Dunkin' - Franchisee Of Dunkin Donuts
  • Epping, NH FULL_TIME
  • It is now the world's leading baked goods and coffee chain, serving more than 3 million customers per day. Dunkin' sells 52 varieties of donuts and more than a dozen coffee beverages as well as an arr...
  • 1 Day Ago

D
Manager
  • Dunkin' | JFS Management
  • Durham, NH FULL_TIME
  • As a Dunkin' franchisee, we are on a mission to keep our communities running on Dunkin by creating UNIFIED teams that practice kindness, diversity and acceptance, and loyalty to Dunkin Brand Standards...
  • 2 Days Ago

Filters

Clear All

Filter Jobs By Location
  • Filter Jobs by companies
  • More

0 Loan Workout Manager jobs found in Portsmouth, NH area

W
Machinist - Diamond Turning Operator
  • Wilcox Industries
  • Portsmouth, NH
  • Machinist - Diamond Turning Operator Wilcox develops innovative, world class electro-mechanical combat systems for today...
  • 3/28/2024 12:00:00 AM

S
Tradesperson 1 -Ext - Days
  • Subcom, LLC
  • Portsmouth, NH
  • * *Leads and communicates with team members in a positive manner. * *Assigns daily tasks within the area and oversees th...
  • 3/28/2024 12:00:00 AM

S
Senior Software Systems Engineer
  • SubCom
  • Portsmouth, NH
  • Job Description Responsibilities and Qualifications: The successful candidate will partner with cross-functional experts...
  • 3/28/2024 12:00:00 AM

S
No Specific Job
  • Sprague
  • Portsmouth, NH
  • If you are interested in working for Sprague, but you do not see the opportunity you are interested in, please apply usi...
  • 3/28/2024 12:00:00 AM

B
Cashier Associate
  • Burlington Stores
  • Portsmouth, NH
  • If you want an exciting job with one of the largest off-price retail stores in the nation, join the Burlington Stores, I...
  • 3/28/2024 12:00:00 AM

N
Biotechnologist Associate
  • Net2Source
  • Portsmouth, NH
  • Net2Source Inc. is an award-winning total workforce solutions company recognized by Staffing Industry Analysts for our a...
  • 3/28/2024 12:00:00 AM

C
Biotechnologist Associate
  • Capleo Global
  • Portsmouth, NH
  • Job Title: Biotechnologist Associate Location: 101 International Drive Portsmouth, NH-03801 Duration: 12-month Shift: 12...
  • 3/28/2024 12:00:00 AM

G
Portsmouth-Housekeeper-Port Inn
  • Giri Hotel Management LLC
  • Portsmouth, NH
  • Description Calling all Cleaning Captains! The Port Inn Portsmouth is now hiring for Housekeeping Full Time. Must be det...
  • 3/28/2024 12:00:00 AM

Portsmouth is a city in Rockingham County, New Hampshire, United States. As of the 2010 census it had a population of 21,233, and in 2017 the estimated population was 21,796. A historic seaport and popular summer tourist destination on the Piscataqua River bordering the state of Maine, Portsmouth was formerly the home of the Strategic Air Command's Pease Air Force Base, since converted to Portsmouth International Airport at Pease. According to the United States Census Bureau, the city has a total area of 16.8 square miles (43.6 km2), of which 15.6 square miles (40.5 km2) is land and 1.2 square...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$149,278 to $233,971
Portsmouth, New Hampshire area prices
were up 1.4% from a year ago

Loan Workout Manager in Chicago, IL
These loans are financed by Commercial Loan Officers who work alongside these companies to calculate the interest rate and repayment plan.
December 10, 2019
Loan Workout Manager in Louisville, KY
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
February 07, 2020
Loan Workout Manager in Greensboro, NC
Participate with Regional Managers and Team Leaders in developing business plans for the loan workout functions.
January 23, 2020