Mortgage Agent

Job Description:

As a Mortgage Agent you will meet with potential applicants and buyers to determine each client’s specific lending or refinance needs, and educate clients on various loan products, funding sources, buying or refinance process, and lending guidelines. The position is 100% commission based.

• You will gather documents such as applicant’s credit history, income and employment verification, assets and liabilities, and background check to determine creditworthiness.
• You will shop for competitive mortgage rates and interest rates, and negotiate terms with various lenders to find ideal mortgage lender for the applicant
• Submit application file to lenders in order to apply on the homeowners’ behalf
• Collaborate with the real estate agent, lender’s underwriting department, other mortgage professionals, and closing agent to ensure a smooth transaction
• Build referral relationships with real estate professionals and relationships with mortgage lenders/ mortgage bankers, maintain current lending rate sheets, and stay up to date on current mortgage industry trends

Mortgage Broker qualifications

• Bachelor’s degree preferred in business administration, commerce, management, or related field. Diplomas in accounting, business administration, or otherwise will be considered.
• 3+ years of mortgage and/or banking experience, or 1+ year plus completion of mortgage agent course via Mortgage Professionals Canada or equivalent.
• Possess a strong understanding of mortgage products and loan process from origination to close
• Exceptional communications skills, time-management and analysis skills, and independently resourceful
• Intermediate Computer Skills

Tagged as: 11109