Loan Workout Officer jobs in Gary, IN

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)

F
Mortgage Loan Officer
  • Fidelity Bank LA
  • Hammond, IN FULL_TIME
  • Department:
    Mandeville

    Location:
    Hammond, LA

    This position is located in Hammond, LA, 70403.

    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

    Preferred:

    • 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

    Specific Job Functions:

    • 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

    NOLA Lending Group, a division of Fidelity Bank, is an Equal Opportunity and Affirmative Action Employer/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

  • 20 Days Ago

N
Loan Officer Assistant
  • Novus
  • Crown Point, IN FULL_TIME
  • SUMMARY: The Loan Officer Assistant’s primary role is to act as a liaison between the Loan Officer, borrowers, and operation departments. The Loan Officer Assistant ensures clear communication for a s...
  • 21 Days Ago

I
Loan Officer Assistant
  • Ixonia Bank
  • Crown Point, IN FULL_TIME
  • SUMMARY: The Loan Officer Assistant’s primary role is to act as a liaison between the Loan Officer, borrowers, and operation departments. The Loan Officer Assistant ensures clear communication for a s...
  • 21 Days Ago

M
Consumer Loan Officer
  • Members Advantage Credit Union
  • Michigan, IN FULL_TIME
  • POSITION SUMMARY: The Loan Officer provides a full range of products and services to members with an emphasis on acquiring and expanding member relationships. The individual in this position must have...
  • 27 Days Ago

O
Consumer Loan Sales Specialist
  • OneMain Financial
  • Michigan, IN FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses.ConsumerLoan Sales Special...
  • 3 Days Ago

C
Mortgage Loan Booking Specialist
  • Centier Bank
  • Merrillville, IN FULL_TIME
  • Minimum Hourly Rate: $19.00 Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates ar...
  • 8 Days Ago

Filters

Clear All

Filter Jobs By Location
  • Filter Jobs by companies
  • More

0 Loan Workout Officer jobs found in Gary, IN area

S
Mortgage Loan Officer - Homebuilder
  • StraussGroup - Executive Search Consultants
  • Chicago, IL
  • As a Mortgage Loan Officer, you will assume full responsibility to guide new home purchasers through the loan process fr...
  • 4/26/2024 12:00:00 AM

V
Credit Portfolio Manager III
  • Valley National Bank
  • Chicago, IL
  • Job Overview The Credit Portfolio Manager III will underwrite credit facilities for existing and new customers. Proactiv...
  • 4/26/2024 12:00:00 AM

V
Credit Portfolio Manager III (C&I)
  • Valley Bank
  • Chicago, IL
  • Office Location: 1 N La Salle St. Chicago, IL 60602 JOB OVERVIEW: The Credit Portfolio Manager III will underwrite credi...
  • 4/26/2024 12:00:00 AM

T
Loan Administrative Assistant - To 65K - Chicago, IL - Job # 2966
  • The Symicor Group
  • Chicago, IL
  • The Position Our client is seeking to fill a Loan Administrative Assistant role in the Chicago, IL market. The successfu...
  • 4/24/2024 12:00:00 AM

P
Mortgage Loan Officer
  • Primary Residential Mortgage
  • Schaumburg, IL
  • Primary Residential Mortgage, Inc. (PRMI) is expanding its operations in Illinois and seeks a Mortgage Loan Officer, to ...
  • 4/23/2024 12:00:00 AM

P
Mortgage Loan Officer
  • Primary Residential Mortgage
  • Chicago, IL
  • Primary Residential Mortgage, Inc. (PRMI) is expanding its operations in Illinois and seeks a Mortgage Loan Officer, to ...
  • 4/22/2024 12:00:00 AM

K
Junior Loan Administrator
  • Kayne Anderson
  • Chicago, IL
  • Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on n...
  • 4/22/2024 12:00:00 AM

N
Business Development Specialist
  • Neighborhood Loans
  • Downers Grove, IL
  • Job Description: The Business Development Specialist will work hand in hand with our regional managers in recruiting fut...
  • 4/22/2024 12:00:00 AM

Gary is a city in Lake County, Indiana, United States, 25 miles (40 km) from downtown Chicago, Illinois. Gary is adjacent to the Indiana Dunes National Park and borders southern Lake Michigan. Gary was named after lawyer Elbert Henry Gary, who was the founding chairman of the United States Steel Corporation. The city is known for its large steel mills, and as the birthplace of the Jackson 5 music group. The population of Gary was 80,294 at the 2010 census, making it the ninth-largest city in the state of Indiana. It was a prosperous city from the 1920s through the mid-1960s due to its booming ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$65,839 to $92,873
Gary, Indiana area prices
were up 1.3% from a year ago

Loan Workout Officer in Spokane, WA
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.
December 06, 2019
Loan Workout Officer in Corpus Christi, TX
Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.
November 27, 2019
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