Job Description
If you are a career-focused, highly motivated and intelligent individual looking for a unique opportunity to build a lucrative career with a greatly respected company, apply to our Account Executive team at NewDay USA! As the exclusive provider of mortgage loans for the Veterans of Foreign Wars (VFW), an organization of more than 1.6 million veterans, we are seeking honest and ethical Account Executives to work directly with military veterans who may be struggling with financial difficulties and excessively high monthly payments. We provide our Account Executives with best-in-class training, qualified inbound leads, in-house operational support and an array of loan programs - the building blocks for a successful career in mortgage banking. Investment in our associates has led to our collective success, and we’re looking for Account Executives who are ready to commit our team and align your goals with ours.
Job Responsibilities
As an Account Executive with NewDay USA, you will take roughly seven inbound calls per day from Veteran’s Affairs (VA) and Federal Housing Administration (FHA) home equity customers, as well as individuals who own their homes outright, who are looking to refinance up to 100% of the value of their homes. You will analyze customers’ financial statuses, credit and property evaluations to determine the feasibility of refinancing. Additional responsibilities of the Account Executive include:
- Consulting with customers about the most appropriate loan refinancing options and closing deals
- Following up on prospects to keep them informed of their mortgage options
- Qualifying borrowers by performing credit checks and verifying income/financial documents
- Ordering home appraisals
- Reviewing loan agreements to ensure that they are complete and accurate according to our policy
- Coordinating loan processing with your Underwriting and Processing colleagues
- Reviewing and updating credit and loan files
As an Account executive with NewDay USA, you must be able to closely follow our processes and procedures that have helped our company and our clients achieve financial stability and success for the past 15 years. Our ideal Account Executive has a strong work ethic, a high level of integrity and
the desire to overachieve. Additional requirements for the Account Executive include:
- Bachelor’s degree
- Strong and effective negotiation and sales abilities
- Sales experience preferred
Benefits
At NewDay USA, we understand that our associates work hard, so we offer a highly competitive
compensation structure that includes base pay, uncapped commission and bonuses. Our
comprehensive state-of-the-art paid training program has defined us as industry leaders, as we
have an in-house certified NMLS trainer to prepare you for the state licensing and Safe Act
exams. Our pass ratio is a stunning 93%, compared to the nationwide average of 61%, and we pay all costs for Safe Act, state testing, background checks, fingerprinting and licensing. We work hard to foster a fun, fast-paced and energetic work environment and many of our associates say our company has a "family" feel. We regularly organize activities and special programs designed to promote camaraderie and thank our associates for jobs well done. Our commitment to promoting from within and our 50% year-over-year growth distinguish us as an employer of choice. NewDay USA is a meritocracy where hard work and loyalty can bring great professional, personal and financial success. We are building the best mortgage banking organization in the industry; one that values customers, employees and families.
Additional benefits for the Account Executive include:
- President’s Club trip for top Account Executives
- Medical, dental and vision insurance
- 401(K) retirement package
- Short and long-term disability insurance
- Quarterly awards dinner and holiday party
