At Newrez, we bring big thinkers and caring doers together to make home happen. We're a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that's why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
A Commercial Loan Consultant is a seasoned collector who is responsible for all collections and loss mitigation work outs on new and existing portfolios in order to maximize recovery and disposition loans to the appropriate work out strategy.
Responsibilities
Receive and review loan information
Contact borrowers in order to cure delinquency, setup payment arrangements and/or settle accounts through the use of manual calls, an automated dialer, and by utilizing the LM worklist.
Identify and recommend optimal workout strategies based on individual borrower circumstances
Identify and recommend assistance strategies as necessary
Increase frequency of borrower contact based on days since last payment
Collect documents and information related to rehab progress, and maintenance improvement requests
Collect documents needed for Loss mitigation options.
Work Loss Mitigation processes as a SPOC to assist with getting borrowers to the correct workout based on client direction and individual borrower circumstances.
Work the shared Commercial team email boxes for Loan servicing, general inquiries, and payoff requests.
Work the Commercial team Voicemail for return calls.
Qualifications/Skills:
Experience in collections required
Familiarity with maneuvering around the Internet through various skip tracing sites
Familiarity with loan terminology, rights, and processes
Excellent work ethic, high productivity, and attention to detail
Superior verbal communication and negotiation skills
Flexibility to work weekends required
Must take the writing assessment provided
Ability to multitask is required
Superior typing and computer skills required
Compensation/Bonus/Incentives:
Competitive pay
Monthly bonuses payouts
Additional incentives based on business needs
Educational Requirements:
High school graduate, college degree preferred but not required
SINDHP2
Additional Information:
While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Why Newrez
We're a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.
Company Benefits :
We offer benefits, programs, and perks that support you in every aspect of your life.
The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
Newrez NOW:
Through Newrez NOW, our Corporate Social Responsibility program, you'll have opportunities to give back, lead, and make a difference.
1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
Matching Gifts Program - dollar-for-dollar up to $1,000
Access to grants, nonprofit resources, and volunteer opportunities
More than $6,000,000 donated since 2020
1 in 5 employees participates in at least one Employee Resource Group (ERG)
Equal Employment Opportunity
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
Benefits
Health insuranceDental insuranceVision insurance401(k)Performance bonusParental leave
Newrez · TX, Houston