Mortgage Loan Consultant - Build Home Financing in Austin

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

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