What are the responsibilities and job description for the Mtge Home Ln Advisor position at First Bank-MO?
About this Role
Mortgage Home Loan Advisor (Base Commission)
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.
In this Role You Will
- 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
Qualifications, Competencies and Skills
Have a high school diploma or general education degree (GED) Have one to two years related experience and/or training Are proficient with Windows-based software Have the ability to drive a car or obtain other reliable transportation is required Are able to speak, read, write and effectively interpret documents and reports Have competent math skills Are registered under the Nationwide Mortgage Licensing System (NMLS) - required upon hire Are self-motivated and extremely detail oriented Thrive in a fast-paced, constantly changing environment Compensation Disclosure
The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the stated range. The range is driven by the geographic location of the anticipated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance.