Mitigation Coordinator (Bilingual - Spanish/English)
IRVING, TXPosted 25 days ago
Job summary
Job post source
This job is directly from Planet Home Lending, LLC
Job overview
The Mitigation Coordinator at Planet Home Lending manages defaulted loan portfolios to mitigate losses by negotiating solutions to avoid foreclosure, impacting the company's financial health.
Responsibilities and impact
The role involves negotiating with borrowers, investors, and realtors to resolve defaulted loans, analyzing and implementing loan modifications, ordering property evaluations, maintaining records, and ensuring compliance with foreclosure laws.
Compensation and benefits
The position offers a benefits package including multiple medical, dental, and vision plans, employer-paid disability and life insurance, 401(k), paid holidays, and paid time off, along with supplemental insurance options.
Experience and skills
Requires a high school diploma or equivalent, minimum 3 years of mitigation or collections experience, bilingual Spanish/English proficiency, strong negotiation and communication skills, knowledge of mortgage and foreclosure processes, and proficiency with Microsoft Windows; MSP system experience is a plus.
Work environment and culture
The work environment is a standard office setting with reasonable accommodations for disabilities, emphasizing teamwork, customer service, and a fast-paced work style.
Company information
Planet Home Lending, LLC is a company involved in mortgage lending and loan servicing, focusing on managing defaulted loans and loss mitigation solutions.
Job location and travel
The job is performed in a standard office environment with typical physical demands and occasional lifting up to 10 pounds.
Unique job features
The role requires bilingual skills and involves creative negotiation and problem-solving to avoid foreclosure, distinguishing it with a focus on loss mitigation and customer interaction.
Company overview
Planet Home Lending, LLC is a full-service mortgage lender offering a range of home loan solutions, including conventional, FHA, VA, and USDA loans, as well as refinancing options. The company generates revenue through interest on loans and fees associated with mortgage origination and servicing. Founded in 2007, Planet Home Lending has grown by focusing on personalized customer service and leveraging technology to streamline the mortgage process, making homeownership more accessible and efficient for its clients.
How to land this job
Tailor your resume to highlight your bilingual Spanish/English proficiency, strong negotiation skills, and experience in mitigation, collections, or default servicing, as these are key for the Mitigation Coordinator role at Planet Home Lending, LLC.
Emphasize your knowledge of mortgage documents, foreclosure timelines, and real estate settlements, along with your ability to analyze and recommend loss mitigation strategies such as modifications, short sales, and deeds in lieu of foreclosure.
Apply through multiple channels including Planet Home Lending's corporate careers site and LinkedIn job postings to maximize your application visibility for this position.
Connect on LinkedIn with current employees in the loss mitigation or default servicing teams at Planet Home Lending, LLC. Use ice breakers like commenting on their recent company projects or asking about the challenges faced in managing defaulted loan portfolios.
Optimize your resume for ATS by incorporating keywords from the job description such as 'loss mitigation,' 'default servicing,' 'negotiation,' 'bilingual Spanish/English,' 'mortgage documents,' and 'short sales' to ensure your resume passes initial screenings.
Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify relevant job boards, and find LinkedIn connections to network with, allowing you to focus your energy on preparing for interviews and refining your skills.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.