REO Loan Officer

This is a fully remote position, open to applicants in Washington.

📋 Description

• Actively manage assigned REO leads, listings, and CRM tasks to identify and engage potential buyers and their agents.

• Provide prompt and precise pre-approvals while guiding borrowers through the REO purchasing process to enhance competitive positioning for offers.

• Maintain a disciplined follow-up routine for all leads, ensuring regular communication and progress through the pipeline.

• Transform both inbound and outbound leads into funded loans, including re-engaging buyers who do not eventually acquire REO properties.

• Quickly establish rapport with buyers and referral partners, positioning Newrez as the preferred lending partner.

• Ensure that all activities involving borrowers, agents, and transactions are accurately recorded and source-coded in the CRM (SPARK/SalesForce).

• Collaborate with listing agents, internal teams, and operations to facilitate active transactions and provide regular updates on status.

• Utilize product expertise to advise clients on options, including renovation financing (FHA 203(k), HomeStyle) and investor solutions like DSCR and delayed financing.

⛳️ Requirements

• A minimum of 2 years of experience as a producing Loan Officer or mortgage originator.

• Strong background in purchase mortgages, including pre-approval strategies and execution from contract to closing.

• An active NMLS license is required, with the capability to obtain additional state licenses as necessary.

• Experience utilizing a CRM system to manage pipelines, monitor activity, and uphold data integrity.

• Demonstrated ability to handle a high-volume lead funnel with effective follow-up practices.

• Comprehensive understanding of purchase mortgage origination, pipeline management, and conversion metrics.

• Preferred knowledge of renovation and investor loan products (e.g., FHA 203(k), HomeStyle, DSCR, delayed financing).

🏝️ Benefits

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

• Adoption Assistance

• Tuition & Certification reimbursement

• Employee Mortgage Loan Program

• Newrez Employee Emergency and Disaster Fund

• 1 company-paid Volunteer Time Off day

• Matching Gifts Program - dollar-for-dollar up to $1,000

• Access to grants, nonprofit resources, and volunteer opportunities