REO- Loan Officer

Who We Are

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.

Position Summary 

The REO Loan Officer is a purchase-focused originator responsible for converting leads generated by Newrez REO inventory into funded loan transactions and long-term mortgage relationships.

Rather than self-sourcing business, this role works opportunities surfaced through Newrez's REO foreclosure portfolio, which are distributed and managed through Salesforce.

Every REO listing, inquiry, and offer opportunity is treated as a trackable lead with clear follow-up cadences and measurable outcomes. 

This is a structured, high-velocity lead environment.

The role is accountable for speed-to-contact, pipeline management, borrower engagement, buyer-agent engagement, and pull-through performance, ensuring REO activity translates into consistent mortgage production. 

Essential Functions, Duties, and Responsibilities 


* Work assigned REO leads, listings, and Salesforce activity daily to identify and engage active buyers and buyer's agents. 



* Meet speed-to-contact standards on every newly assigned REO lead, working an average of seven new leads per day alongside an active pipeline. 



* Deliver fast, accurate pre-approvals and guide borrowers through the REO purchase process to support competitive offer positioning. 



* Maintain disciplined follow-up cadence across all leads, ensuring consistent communication and pipeline movement. 



* Convert inbound and outbound opportunities into funded loans, including recapturing buyers who do not ultimately purchase REO properties. 



* Build rapport quickly with buyers and referral partners, positioning Newrez as the preferred lending partner. 



* Ensure all borrower, agent, and transaction activity is properly captured and source-coded in CRM (Salesforce). 



* Partner with listing agents, internal stakeholders, and operations teams to support active transactions and provide status updates. 



* Leverage product knowledge to advise clients, including renovation financing (FHA 203(k), HomeStyle) and investor solutions such as DSCR and delayed financing. 



* Maintain compliance with all federal, state, and company guidelines; originate only in licensed states. 



* Meet or exceed production, conversion, and activity KPIs, including call volume, lead conversion, pull-through, and a target of appr...