What are the responsibilities and job description for the Mortgage Broker position at HomeForce Mortgage?
Job Summary: We are seeking a skilled Mortgage Broker to join our team. As a Mortgage Broker, you will be responsible for assisting clients in securing mortgage loans and providing them with expert advice on mortgage options. Your role will involve evaluating loan applications, negotiating loan terms, and ensuring compliance with relevant regulations. Responsibilities: - Assist clients in understanding their mortgage options and guide them through the loan application process - Evaluate loan applications and financial documents to determine eligibility and risk assessment - Collaborate with loan officers, underwriters, and lenders to secure the best loan terms for clients - Provide expert advice on mortgage products, interest rates, and repayment terms - Ensure compliance with all applicable regulations, including TILA (Truth in Lending Act) and FNMA (Federal National Mortgage Association) guidelines - Maintain accurate records of client interactions and loan details - Stay updated on industry trends, market conditions, and changes in mortgage regulations - Build and maintain relationships with real estate agents, builders, and other industry professionals to generate referrals Qualifications: - Proven experience as a Mortgage Broker or similar role in the financial services industry - In-depth knowledge of mortgage products, loan processing procedures, and underwriting guidelines - Strong understanding of escrow and contract processes - Excellent negotiation skills to secure favorable loan terms for clients - Familiarity with financial sales techniques and ability to meet sales targets - Proficient in basic math calculations for accurate loan calculations - Exceptional communication and interpersonal skills to build rapport with clients and industry professionals - Detail-oriented with strong organizational skills to manage multiple loan applications simultaneously Note: All positions must be paid including internship positions.
Job Types: Full-time, Part-time
Pay: $113,498.00 - $131,348.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Compensation Package:
- Bonus opportunities
- Commission only
- Commission pay
- Employee stock ownership plan
- Profit sharing
Schedule:
- 10 hour shift
- 12 hour shift
- 4 hour shift
- 8 hour shift
- Day shift
- Monday to Friday
- Night shift
Work Location: In person
Salary : $113,498 - $131,348