Mortgage Field Advisor — Outside Sales, Commission-Only

First Bank; Campbell (CA); On-site; USD 60,000 - 150,000; Full time

Job summary

First Bank is seeking a Mortgage Home Loan Advisor (Commission-Only) who spends the majority of time outside of the office, meeting new people and helping families finance a new home. You will source leads, meet borrowers, and guide them through the loan process.

You will analyze financials, submit applications, coordinate with underwriters and processors, explain underwriting decisions, and assist with closing.

Responsibilities

• Sourcing leads for mortgage home loans
• Meet with perspective borrowers to obtain loan applications, explain application process, fees involved, and different programs available, etc.
• Analyze perspective borrowers' financial status (income and debt) by obtaining required paperwork needed for loan submission and to notify borrower of credit report/appraisals ordered to determine feasibility of making a mortgage loan
• Submit completed applications and confer with underwriters to aid in resolving mortgage application concerns
• Advise borrowers of underwriting decisions, work with the borrower and underwriter to ensure all underwriting conditions are met
• Work with both the processor and borrower, if loan is denied, about reconstructing loan under a different program
• Coordinate loan closing, escrow signing, ordering of loan documents and assisting borrowers in the closing process

Job description

First Bank is seeking a Mortgage Home Loan Advisor (Commission-Only) who spends the majority of time outside of the office, meeting new people and helping families finance a new home. You will source leads, meet borrowers, and guide them through the loan process.

You will analyze financials, submit applications, coordinate with underwriters and processors, explain underwriting decisions, and assist with closing.