Mortgage Loan Officer

Job Brief

This job description for Mortgage Loan Officers can be used to post your vacancies and help you find qualified candidates. You can modify the responsibilities and requirements to suit your needs.

Job Description

• ● Collect financial information (e.g. taxes, debts)
• ● Evaluate creditworthiness and eligibility for obtaining a mortgage loan
• ● Interview clients
• ● Guide clients through mortgage loan options
• ● Prepare and submit mortgage loan applications
• ● Ensure data are in line with national and local financial rules
• ● Monitor and report on application processes
• ● Inform clients about loan approval or rejection
• ● Help resolve problems with applications
• ● Research new mortgage loan policies
• ● Ensure compliance with privacy laws and confidentiality policies throughout the process
• ● Build a supportive referral network (e.g. with clients, lenders, real estate agents)

Job Requirements

• ● Experience as a mortgage loan officer or in a similar role
• ● Previous experience in sales or customer support is an asset
• ● Working knowledge of mortgage loan computer software (e.g. Calyx Point)
• ● Ability to handle confidential information
• ● Great mathematical and analytical skills
• ● Attention to detail
• ● Reliability and honesty
• ● A valid license is a must
• ● Degree in Finance or Business is a plus