Foreclosure Specialist Jobs in Plano, TX

A Foreclosure Specialist is a key professional in the banking industry who oversees the foreclosure process. They manage and process foreclosure cases, coordinate with legal teams and other involved parties, conduct property appraisals, and communicate with clients to resolve delinquent accounts. Their main goal is to minimize loss for the bank by ensuring all foreclosure procedures are complied with, including legal requirements and internal policies. Foreclosure Specialists may also play a crucial role in loss mitigation, trying to work out agreements between borrowers and the bank to avoid foreclosures.

Essential skills for a Foreclosure Specialist include strong knowledge of foreclosure laws and real estate procedures, high attention to detail, excellent communication, and negotiation abilities. These professionals should be certified in foreclosure or have a related qualification like a degree in Business or Finance. Prior to becoming a Foreclosure Specialist, an individual may have roles such as Loan Processor, Loss Mitigation Specialist, or Real Estate Paralegal, all of which provide relevant experience and knowledge in real estate, law, and financial processes.

1-2 of 2 Jobs

Foreclosure Coordinator

  • Irving, TX (20 miles from Plano, TX)
  • 5 days ago
  • Irving, TX (20 miles from Plano, TX)
  • 5 days ago

Foreclosure Coordinator Office, Clerical & Administrative $ 19 - $ 19.95 / Hour location_on Irving, Texas work_outline Contract/Temporary favorite_border JOB ON CANDIDATE PORTAL COPY LINK link...

Large Loss Mitigation Specialist

  • Frisco, TX (11 miles from Plano, TX)
  • 60+ days ago
  • Frisco, TX (11 miles from Plano, TX)
  • 60+ days ago

Benefits: 401(k) 401(k) matching Bonus based on performance Company car Competitive salary Dental insurance Donation matching Flexible schedule Health insurance Opportunity for advancement Paid...

Remote Work

Demographic Data for Plano, TX

Moving to Plano, TX? Find some basic demographic data about Plano, TX below.


Local
National
306,955
11,093
Large

Foreclosure Specialist Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Paediatric Dentistry for Non-Specialists
This course aims to provide you with the practical advice and guidance you need to treat childrens dental issues and emergencies, achieving excellent results. Apart from various treatment options,...
Liens, Taxes and Foreclosures
Study the debts that attach to real estate, the foreclosure process, and the real-world dilemmas that result. Enroll today!
Foreclosure Crash Course
Foreclosure Crash Course is like having a professional investor sit down with you and explain exactly how to invest in foreclosed homes.Whether you've dipped your toes into the real estate market,...

Salary for Foreclosure Specialist Jobs in Plano, TX

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Foreclosure Specialists in Plano, TX offer the following education background
Bachelor's Degree
37.3%
High School or GED
19.8%
Master's Degree
12.7%
Associate's Degree
12.7%
Vocational Degree or Certification
11.7%
Some College
3.2%
Doctorate Degree
2.1%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Foreclosure Specialists in Plano, TX
1-2 years
44.0%
2-4 years
24.0%
Less than 1 year
20.0%
None
8.0%
8-10 years
4.0%



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