What are the responsibilities and job description for the Loan Officer position at Newrez LLC?
This position is for ONWARD HOME MORTGAGE, one of the Family of Companies of Newrez LLC.
Principal Duties
Sell loan products offered by NewRez
Contact prospective clients to develop and maintain referral sources.
Meet with prospective clients at outside locations such as a client’s home.
Make in-person calls on real estate agents, financial advisors and other potential referral sources to develop borrower leads.
Engage in marketing and promotional activities in support of your own sales.
Meet monthly minimum personal production goals
Take Mortgage Loan Applications And Prepare Effective Loan Proposals
Determine a consumer’s needs and offer the appropriate product
Originate loans for appropriate amounts, rates, and terms that comply with NewRez’s program guidelines
Provide Consumers With a Superior Level Of Customer Service
Quickly and accurately answer all customer inquiries in a professional manner.
Obtain all information deemed necessary to process loan requests in a timely manner, including but not limited to credit reports, income verification, appraisals, lien searches, etc. Analyze the information and provide insight where appropriate.
Provide assistance to applicants and solve all problems that may arise between application and settlement
Stay informed of developing trends in the mortgage industry
Attend/assist with scheduled meetings, training sessions and courses
Maintain compliance with all industry-specific federal and state licensed activity requirements and NewRez Code of Conduct
Principal Customers Of The Position
Internal Customers: Underwriting, Processing, Closing, Quality Assurance, Vendor Coordination, and Secondary Marketing
External Customer: The Borrower(s)
Education And Experience Requirements
Must qualify for and obtain state licensure in the states where NewRez does business; mortgage licensure requires a good credit score, no tax liens and a clean criminal background check
Minimum Successful 1 Year Mortgage Loan Origination Experience
2 year college degree preferred (or equivalent experience)
Proven Sales Skills And Leadership Abilities
Knowledge, Skill and Ability Requirements:
Bilingual in English and Spanish
Ability to quickly connect with people in an outgoing, friendly manner
Persuasive, selling communication skills
Strong sense of responsibility for completing work quickly and accurately
Ability to handle faster-than-average pace of activities
Detail-orientation with efficient focus on work activities
Careful decision-making skill with ability to avoid mistakes
Ability to delegate in a positive style with thorough follow up skills
Excellent oral, written, listening, and organizational skills
Basic computer skills
Ability to work independently
Company Perks
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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CA Notice at Collection
Principal Duties
Sell loan products offered by NewRez
Contact prospective clients to develop and maintain referral sources.
Meet with prospective clients at outside locations such as a client’s home.
Make in-person calls on real estate agents, financial advisors and other potential referral sources to develop borrower leads.
Engage in marketing and promotional activities in support of your own sales.
Meet monthly minimum personal production goals
Take Mortgage Loan Applications And Prepare Effective Loan Proposals
Determine a consumer’s needs and offer the appropriate product
Originate loans for appropriate amounts, rates, and terms that comply with NewRez’s program guidelines
Provide Consumers With a Superior Level Of Customer Service
Quickly and accurately answer all customer inquiries in a professional manner.
Obtain all information deemed necessary to process loan requests in a timely manner, including but not limited to credit reports, income verification, appraisals, lien searches, etc. Analyze the information and provide insight where appropriate.
Provide assistance to applicants and solve all problems that may arise between application and settlement
Stay informed of developing trends in the mortgage industry
Attend/assist with scheduled meetings, training sessions and courses
Maintain compliance with all industry-specific federal and state licensed activity requirements and NewRez Code of Conduct
Principal Customers Of The Position
Internal Customers: Underwriting, Processing, Closing, Quality Assurance, Vendor Coordination, and Secondary Marketing
External Customer: The Borrower(s)
Education And Experience Requirements
Must qualify for and obtain state licensure in the states where NewRez does business; mortgage licensure requires a good credit score, no tax liens and a clean criminal background check
Minimum Successful 1 Year Mortgage Loan Origination Experience
2 year college degree preferred (or equivalent experience)
Proven Sales Skills And Leadership Abilities
Knowledge, Skill and Ability Requirements:
Bilingual in English and Spanish
Ability to quickly connect with people in an outgoing, friendly manner
Persuasive, selling communication skills
Strong sense of responsibility for completing work quickly and accurately
Ability to handle faster-than-average pace of activities
Detail-orientation with efficient focus on work activities
Careful decision-making skill with ability to avoid mistakes
Ability to delegate in a positive style with thorough follow up skills
Excellent oral, written, listening, and organizational skills
Basic computer skills
Ability to work independently
Company Perks
- 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
- 9 Paid Holidays
- Casual Workplace
- Employee Engagement Activities
- Medical (including Health Savings Account & Flexible Savings Account)
- Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan
- Performance-based Incentives
- Pet Insurance
- Advancement Opportunities
- Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
- 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
- Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
- Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
CA Privacy Policy
CA Notice at Collection