Loan Workout Officer jobs in Wilmington, DE

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)

D
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

P
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

O
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

C
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

C
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

D
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 Loan Workout Officer jobs found in Wilmington, DE area

V
Loan Officer
  • VRA Realty
  • West Chester, PA
  • Job Description Job Description Ready to Ignite Your Career & Transform Home-Buying Dreams into Reality? Join Us! Do you...
  • 3/19/2024 12:00:00 AM

M
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...
  • 3/19/2024 12:00:00 AM

T
Mortgage Loan Officer
  • TD Bank
  • Philadelphia, PA
  • Company Overview Our Values At TD, we're guided by our purpose to enrich the lives of our customers, communities and col...
  • 3/18/2024 12:00:00 AM

J
Applied AIML Lead (Machine Learning Scientist)
  • JPMorgan Chase & Co.
  • Wilmington, DE
  • AI ML Lead (Lead Machine Learning Scientist) (USC, GC only) Our Consumer & Community Banking Group depends on innovators...
  • 3/18/2024 12:00:00 AM

F
Mortgage Loan Officer
  • Firstrust Bank
  • Horsham, PA
  • Objective: Mortgage Loan Officer Positions - PA, NJ, and Maryland Opportunities! Originates residential mortgage loans i...
  • 3/17/2024 12:00:00 AM

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Mortgage Loan Officer
  • PNC Financial Services Group
  • Philadelphia, PA
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/15/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Berwyn, PA
  • Job Profile Position Overview Job Description Summary At PNC, our people are our greatest differentiator and competitive...
  • 3/15/2024 12:00:00 AM

T
Mortgage Banker - Philadelphia
  • The Federal Savings Bank
  • Philadelphia, PA
  • At The Federal Savings Bank, we understand that doing well by our customers allows us to do good for our own families. O...
  • 3/15/2024 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 Loan Workout Officer jobs
$69,058 to $97,426
Wilmington, Delaware area prices
were up 1.0% 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.
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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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