Loan Workout Officer jobs in Indianapolis, 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)

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Loan Officer
  • Lennar Corporation
  • Carmel, IN FULL_TIME

  • Loan Officer

    US-IN-Carmel

    Job ID: 2024-31305
    Type: Regular Full-Time
    # of Openings: 3
    Category: Sales
    LENMORT - Indianapolis IN

    Overview

    Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.

    At Lennar Mortgage, you'll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.

    #CB #LI-AL1 #LI-hybrid



    Responsibilities

    A full-time, outside sales position responsible for seeking and developing relationships for new business sources both internally and externally. Meet with and interview prospective customers, brokers, NHCs, and other referral sources at homebuilding communities or other convenient locations to collect and analyze customer financial information, advise customers on the risks and benefits of various mortgage products, and help select the appropriate loan program within Lennar Mortgage roadmap. Obtain loan applications from customers and work with them to achieve loan approval.

    • Support the Company's growth through outside sales activities and lead generation
    • Travel to various communities, realtors' offices, and other appropriate locations on a regular basis (at least weekly) to solicit new business and/or leads from home builders
    • Conduct "First Time Homebuyer Seminars" in communities on a regular basis to develop leads and build relationships with New Home Consultants and prospective/current
    • Travel to and participate in builder and realtor functions, status meetings, phase releases, phone banks, special events, to develop and maintain relationships and customer service
    • Travel to various communities and other appropriate locations to meet with prospective/current customers, explain the Company's offerings, obtain loan applications and other required documents, and attend closings
    • Review leads daily and contact prospective customers via telephone and email to set up in-person/virtual meetings
    • Originate and prepare new loans in accordance with the "Loan Officer" agreement, signed at the time of employment, to ensure all loans meet the guidelines of the Products and Policies manual for upfront
    • Advise and recommend to the customer regarding the various mortgage loan products based on the customer's individual need
    • Review interest rates as needed and lock all loans with the borrowers in accordance with the Secondary Marketing Pricing and Rate Lock Policies and Procedures manual, at least fifteen days prior to closing
    • Provide assistance to New Home Consultants on pre-qualifications of customers to develop a pipeline for outside sales; provide status of loans as needed
    • Meet or exceed closed loan capture rate, spot loan objectives for the division, and/or other established sales goals as determined by the Division Manager and based on annual business
    • Maintain reports and notes within origination computer system regarding own prospects and customers to ensure complete exchange of information regarding loan application, loan status, conversations with customers, underwriting, lock in information, monthly projected closings, incentive, and expense


    Qualifications

    • Four-year college degree (preferred)
    • At least three years of Loan Originating experience
    • Ability to maintain flexible work schedule, including evening and weekend work
    • Valid driver's license and dependable transportation
    • NMLS License required, or willing to obtain, in Indiana

    Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

    Life at Lennar!

    Lennar recognizes our associates are the heart of the company's success. Learn new skills, build your path, and become an integral part of the Lennar Family.

    Lennar associates will be eligible for many benefits in accordance with Lennar's policies and applicable plan terms, including:

    • Health Insurance - Medical, Dental & Vision
    • Vacation - up to 3 weeks of vacation per year upon hire
    • Holidays, Sick Leave, & Personal Days
    • 401(k) Savings Plan with company match
    • Paid Maternity & Bonding Leave
    • New Hire Referral Bonus Program
    • Home Purchase Discount for Associates
    • Associate Assistance Plan
    • Student Debt Repayment Program
    • Continuing Education Program
    • Everyone's Included Day
    • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.



    Please see job description



    PI237955512

     

  • 15 Days Ago

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Loan Officer
  • The Fountain Trust Company
  • Covington, IN FULL_TIME
  • The Fountain Trust Company, a $679 million-dollar community bank with 16 locations in west-central Indiana, is searching for a motivated professional to join our Loan team. This is a full-time positio...
  • 18 Days Ago

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Loan Officer
  • Gershman Mortgage
  • Indianapolis, IN FULL_TIME
  • Loan Officer Indianapolis, IN About Gershman Mortgage Communities, families, and homes are at the heart of what we do at Gershman Mortgage. Our founding principles are based on the core values of hone...
  • 26 Days Ago

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Loan Officer
  • Ag Resource Management, LLC
  • Avon, IN FULL_TIME
  • The Loan Officer position is a critical role within the institution, as it is responsible for building a high-quality portfolio, while marketing the ARM brand. A deep understanding of the agricultural...
  • 28 Days Ago

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MORTGAGE LOAN OFFICER - Greenwood
  • Careers at Stock Yards Bank & Trust Co.
  • Indianapolis, IN FULL_TIME
  • As a Mortgage Loan Officer, your day will be filled with opportunities to generate loan volume through sales efforts with builders, realtors, and other contacts. Experience in FHA, VA, and conventiona...
  • 7 Days Ago

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Mortgage Loan Officer
  • Carrington Mortgage Services, LLC
  • Westfield, IN FULL_TIME
  • Come join our amazing team and work in our Westfield, IN Office! Our Loan Officer II is responsible for selling mortgages and adhering to company guidelines. Advise customers regarding their options f...
  • 8 Days Ago

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0 Loan Workout Officer jobs found in Indianapolis, IN area

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Loan Officer
  • Lennar Mortgage
  • Carmel, IN
  • Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team me...
  • 4/16/2024 12:00:00 AM

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Rural 1st Loan Officer Trainee - Indiana
  • Hiring Now!
  • Franklin, IN
  • Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Ar...
  • 4/16/2024 12:00:00 AM

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Account Manager
  • Royal United Mortgage
  • Indianapolis, IN
  • Job Description Job Description We are seeking a motivated and enthusiastic individual to join our team as an Entry-Leve...
  • 4/16/2024 12:00:00 AM

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Sales Representative
  • Royal United Mortgage
  • Indianapolis, IN
  • Job Description Job Description We are seeking a motivated and enthusiastic individual to join our team as an Entry-Leve...
  • 4/16/2024 12:00:00 AM

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Loan Officer Associate
  • Lennar Mortgage
  • Carmel, IN
  • Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team me...
  • 4/14/2024 12:00:00 AM

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Loan Officer
  • Lennar Mortgage
  • Carmel, IN
  • Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team me...
  • 4/12/2024 12:00:00 AM

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Loan Officer
  • Lennar Mortgage
  • Carmel, IN
  • Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team me...
  • 4/12/2024 12:00:00 AM

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Sr. Loan Officer (Retail Mortgage) - Remote
  • sproutwholesale.com
  • Indianapolis, IN
  • The Mortgage Loan Officer will initiate the mortgage process for potential clients, preparing, analyzing, and verifying ...
  • 4/12/2024 12:00:00 AM

Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indianapolis (balance) encompasses a total area of 368.2 square miles (954 km2), of which 361.5 square miles (936 km2) is land and 6.7 square miles (17 km2) is water. The consolidated city boundaries are coterminous with Marion County, with the exception of the autonomous municipalities of Beech Grove, Lawrence, Southport, and Speedway. Indianapolis is the 16th largest city by land area in the U.S. Indianapolis is within the Tipton Till Plain, a flat to...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$64,125 to $90,456
Indianapolis, Indiana area prices
were up 1.3% 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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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.
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