Mtge Home Loan Advisor

First Bank; San Mateo (CA); Remote; USD 60,000 - 120,000; Full time

Job summary

First Bank is seeking a Mortgage Home Loan Advisor who thrives in a field-based role, spending most of the time meeting clients outside the office to help them finance a home.

As a commission-only position, you will source leads, meet borrowers, gather documentation, coordinate with processors and underwriters, and assist in closing loans across California.

Responsibilities

• Source leads for mortgage home loans
• Meet borrowers to obtain loan applications and explain process
• Analyze financial status and required paperwork for loan submission
• Submit applications and confer with underwriters to resolve mortgage concerns
• Advise borrowers of underwriting decisions and conditions
• Coordinate loan closing, escrow signing, and documents

Job description

Mortgage Home Loan Advisor (Commission-Only)

Do you hate sitting in an office all day? This position actually requires that you spend more than 80% of your time outside of your office. Like meeting new people and helping people to finance a new home? Read further to check out this opportunity.

What You Will Be Doing

• 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