Mortgage Loan Consultant

First United Bank & Trust • Rockwall, TX

250d

About The Position

The primary role of a Mortgage Consultant is to originate and close mortgage loans through extensive marketing initiatives as well as new and existing relationships. The Mortgage Consultant position is an outside sales position responsible for originating retail mortgage loans through external sources. This position is directly responsible for origination objectives and sales strategies that will expand market share.

Requirements

• High School diploma or GED required.
• MUST have at least two years experience in mortgage lending environment.
• Proven record of success for generating sales in a mortgage lending environment.
• MUST be currently working as a Mortgage Loan Consultant closing a minimum of 2 self sourced loans per month.

Nice To Haves

• Possession of strong organizational skills.
• Excellent verbal and written communication skills.
• Exceptional interpersonal communication skills.
• Ability to work independently on assigned tasks as well as to accept direction on given assignments.
• Demonstrated technical knowledge of Bank, Mortgage, Federal and State lending and compliance/regulatory matters.

Responsibilities

• Uses interpersonal and communication skills to generate referral business, leads, and relationships with individuals, existing clients, past clients, and Real Estate Professionals.
• Cross sells First United Bank products and services.
• Works with bank personnel to promote First United in assigned markets.
• Takes thorough and complete loan applications; analyzes and pre-qualifies applicant information to determine viability of the client's desired loan program.
• Pulls credit, analyzes credit, and compares for accuracy with the mortgage borrower's statements and loan application.
• Determines the correct loan options for the borrower based upon the applicant's present situation, future plans, and preferred loan product.
• Submits the loan application, preliminary income verification documents, preliminary asset verification documents, loan disclosures, any required credit explanation letters and executed application forms to processing.
• Counsels the borrower through the application, approval and closing process - including review of the HUD settlement statement with the borrower prior to closing.
• Attends closings and ensures great customer service throughout the process.
• Meets minimum expectations for First United best practices and production standards.
• Attends assigned production meetings.
• Provides exceptional customer service, maintains high ethical standards, and insures compliance with every borrower.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees