Mortgage Consultant

Mortgage Consultant

SUMMARY:Prospect and convert leads for potential mortgage business using sales expertise. Prepare, analyze, and verify mortgage loan applications to purchase real estate or refinance existing mortgages.

ESSENTIAL DUTIES AND RESPONSIBILITIESInclude the following: Other duties may be assigned.

• Evaluate loan application and documentation to ensure consumers credit worthiness and ability to repay.
• Analyze the needs of the consumer and prepare a product that best fits their individual needs.
• Meet with clients to discuss how products can benefit them.
• Meet regularly with Team Sales Manager to discuss production goals and pending issues.
• Receives formal applications, and assists clients with completing technical details of application.
• Gathers all supporting documentation and reviews completed applications for accuracy.
• Requests credit report on applicants.
• Analyzes completed file and compares to lending institution requirements.
• Develops strong referral network within the mortgage community with builders and real estate agents.
• Monitors interest rate fluctuations and presents clients with most attractive terms.
• Attends Sales meetings as required.

KNOWLEDGE, SKILLS, AND ABILITIESRequires knowledge typically acquired through:

• Minimum 2 years loan origination experience
• Completion of a High School diploma or equivalent.
• Knowledge of FHA, VA, Fannie Mae, construction and non-conforming loans.
• Current, valid Texas and NMLS license
• Ability to read and interpret documents such as safety rules, instructions, and procedures.
• Ability to work approx. 40-45 hours per week, with some weekends.
• Ability to effectively present information in one-on-one and small group situations.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent.
• Ability to effectively use problem solving skills in standardized situations.
• Excellent presentation and negotiation skills
• Works well in a fast paced environment
• Comfortable managing a pipeline of 20+ loans
• Detailed oriented with strong organizational and follow up skills

BENEFITS

• Competitive base pay and commission/bonus options
• Access to some of the highest converting leads in the industry
• Loan Officer Assistants for all purchase team loan officers
• The ability to fund loans in less than two weeks
• Competitive pricing
• Multiple medical care options as well as dental, vision and 401k

PHYSICAL DEMANDSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit, stand, talk, hear, walk, and use hands to feel objects, tools, and controls, and reach with arms and hands. The employee may be required to occasionally lift and/or move up to 10 pounds.