Consumer Loan Consultant

INTERNATIONAL BANK OF COMMERCE; Austin (TX); Hybrid; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical Plan

Employer Paid Life Insurance

401k

Profit Sharing Program

Tuition Assistance Program

Sick Leave

Vacation

Paid Holidays

Vacation

Paid Holidays

Job summary

IBC Bank, an in-office position in Austin, seeks a Mortgage Loan Consultant to proactively solicit new residential mortgage business, work bank referral leads, and promote IBC Consumer Mortgage products. The role builds a network of referrals and maintains relations with the IBC Bank Sales Team and Commercial Bankers.

Licensing and knowledge of Texas Home Equity laws are valued. The candidate will evaluate loan applications, understand loan products, disclosures, and rate pricing, and guide

Qualifications

• Develops and maintains a quality network of business relationships for referrals.
• Educates borrowers on home financing process and loan products.
• Pre-qualifies borrowers by analyzing income and debt and reviewing tax returns.
• Knowledge of Consumer Mortgage products and Texas Home Equity laws.
• Knowledge of processing, underwriting, closing, and funding of mortgage loans.

Responsibilities

• Develops and maintains a quality network of business relationships for referrals.
• Evaluates and recommends approval of residential real estate loan applications.
• Explains loan products, regulatory disclosures and how closing costs and payments vary.
• Educates the prospective borrower in the home financing process and demonstrates how closing costs and monthly payments could vary under each product.
• Maintains regular contact with the borrower, contractors, and other third parties between application and closing.
• Assists the borrower in understanding and clearing credit problems.
• Participates in the loan closing.

Skills

Communication

Pipeline management

Teamwork

Customer service

Self-motivation

Organization

Income qualification from tax returns

Education

High School Diploma or equivalent

RMLO license preferred

RMLO license preferred (NMLS)

Job description

## Consumer Loan ConsultantApply: Austin, TX: Full time: Posted Today: R16253### IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's \"We Do More\" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.**Time Type:**Full time**This is an in-office position.********Department:******1070 Mortgage Sales Origination******Job Summary:******The Mortgage Loan Consultant position is a sales-oriented position where the loan consultant proactively solicits new residential mortgage business, works bank referral leads, and sells IBC Consumer Mortgage products. The MLC continually develops and maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage opportunities and develops relationships with the IBC Bank Sales Team and IBC Commercial Bankers. The Mortgage Loan Consultant also evaluates and recommends approval of applications for residential real estate loans, and possesses an understanding of relevant loan products, regulatory disclosures, and interest rate pricing.******Job Description:********ESSENTIAL JOB FUNCTIONS***The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.** Develops and maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage opportunities* Develops relationships with the IBC Bank Sales team and IBC Commercial Bankers* Evaluates and recommends approval of applications for residential real estate loans* Possesses an understanding of relevant loan products, regulatory disclosures, and interest rate pricing* Takes information from the borrower and completes the application* Analyzes the prospective borrower's income and debt and pre-qualifies the prospective borrower* Educates the prospective borrower in the home financing process, advises the borrower about the different types of loan products available, and demonstrates how closing costs and monthly payments could vary under each product.* Quotes interest rates and fees* Maintains regular contact with the borrower, contractors, and other third parties between application and closing* Assists the borrower in understanding and clearing credit problems* Participates in the loan closing* Performs other related duties as assigned**SKILLS*** Strong written and verbal communication skills* Ability to manage a pipeline* Teamwork* Strong customer service skills* Self motivated* Highly organized* Ability to calculate qualifying income from federal tax returns**EDUCATION & KNOWLEDGE*** High School graduate or equivalent* 2 years recent experience preferred in residential loan originations* RMLO license highly preferred (NMLS registration required)* Knowledge of Consumer Mortgage products and Texas Home Equity laws* Knowledge of procession, underwriting, closing, and funding of mortgage loans### About UsIBC Bank was founded in 1966 to meet the needs of small businesses in Laredo, Texas. The bank's success is a result of an aggressive and innovative attitude. The Bank's \"We Do More\" philosophy reflects it's dedication to the growth and success of it's employees, customers and communities. Our commitment to \"Do More\" for the communities we serve permeates our company from top down. The success of IBC and it's 50 consecutive years of growth and profitability are due to strong leadership, customer centric business philosophy and our motto of \"Doing More\" in our communities.**Wait there's more!**We offer a comprehensive benefits package, based on eligibility, benefits include:* Medical Plan* Employer Paid Life Insurance* Flexible Spending Program* 401k* Profit Sharing Program* Supplemental Benefit Programs such as: Vision, Dental, Disability* Tuition Assistance Program* Sick Leave* Vacation* Paid Holidays