Full-Time
Mr. Cooper
1,001-5,000 employees
Home loan origination and servicing provider
No salary listed
Junior, Mid
Company Does Not Provide H1B Sponsorship
Lake Forest, CA, USA
Get referrals →
You have ways to get a Mr. Cooper referral from your network.
Applications through a referral are 3x more likely to get an interview!
Upload your resume to see how it matches 2 keywords from the job description.
PDF, DOC, DOCX, up to 4 MB
- Minimum of 2 years experience as a Mortgage Loan Officer, preferably in a call center or similar fast-paced environment.
- In-depth knowledge of mortgage loan products, industry regulations, and underwriting guidelines.
- Must have knowledge of Government and Conventional loan products.
- NMLS License
- Exceptional customer service skills with the ability to build rapport quickly.
- Proven track record of meeting or exceeding sales targets and customer service goals.
- Proficient computer skills, including experience with mortgage loan origination software.
- High School, GED or Equivalent Experience.
- Provide sales support, strong communication, and world class service to customers, processors and management from loan pre-qualification to loan closing, while maintaining production standards at minimum acceptable levels as set by management.
- Complete mortgage applications using Company loan product system, including initial required documentation and stipulations. Must ensure compliance with company policy and government regulations.
- Maintain production reports for leads and sales contacts, pipeline and other pertinent sales activity reports.
- Effectively manage and follow-up on leads generated through various Marketing Department efforts.
Mr. Cooper provides home loan services in the United States, serving a variety of clients including first-time homebuyers and veterans. The company offers different types of loans such as conventional, FHA, and VA loans. Mr. Cooper not only originates these loans but also manages the ongoing payments and customer service throughout the loan's life. This approach allows them to earn revenue from both the initial loan fees and ongoing servicing fees. They focus on personalized support and educational resources to help clients understand home financing. Mr. Cooper's goal is to make homeownership accessible and manageable for everyone.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Texas
Founded
1994
Simplify's Take
What believers are saying
- Acquisition of Home Point Capital expands Mr. Cooper's market presence and capabilities.
- Hiring 2,000 new team members supports growing demand and enhances service capacity.
- Increased demand for digital mortgage solutions aligns with Mr. Cooper's innovation goals.
What critics are saying
- Rising interest rates may reduce demand for new mortgages and refinancing.
- Integration challenges from acquiring Home Point Capital could disrupt service quality.
- Increased competition from fintech companies may erode Mr. Cooper's market share.
What makes Mr. Cooper unique
- Mr. Cooper offers a wide range of loan products including FHA and VA loans.
- The company provides personalized support and educational resources for home financing.
- Mr. Cooper manages both loan origination and servicing, ensuring consistent customer experience.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Remote Work Options
Company News
Rocket Companies is acquiring Mr. Cooper, the largest mortgage servicer in the U.S., for $9.4 billion. This deal will expand Rocket's servicing portfolio to $2.1 trillion, covering nearly 10 million customers, or about one in six U.S. mortgages. Additionally, Rocket is acquiring Redfin for $1.75 billion. CEO Varun Krishna aims to leverage data and AI to enhance customer relationships and solidify Rocket's position in the homeownership market.
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”), of $750,000,000 6.500% Senior Notes due 2029 (the “Notes”). The Notes will bear interest at 6.500% per annum and will mature on August 1, 2029. Interest on the Notes will be payable semi-annually on February 1 and August 1 of each year, beginning on February 1, 2025. The offering is expected to close on or around August 1, 2024, subject to customary closing conditions. It is expected that the net proceeds of the offering will be used to repay a portion of the amounts outstanding under Mr. Cooper’s MSR facilities. The Notes will be guaranteed on a joint and several basis by Mr. Cooper and wholly-owned domestic subsidiaries of Nationstar (other than certain excluded subsidiaries). The offering of the Notes was made in reliance upon an exemption from the registration requirements of the Securities Act
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned s
NYCB also said Thursday that its Flagstar Bank unit agreed to sell its residential mortgage servicing business to Mr. Cooper Group (COOP) for $1.4 billion.5
Nationstar Mortgage Holdings will issue senior notes due in 2032 at 7.125% per year.