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Mortgage Broker Resume Samples
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10+ years of experience
Independently established mortgage broker services company, supporting both realtor and purchaser clients.
- Managed an average of $42 million in annual closings.
- Responsible for a team of mortgage originators, providing training and assessment.
- Generated business leads through active prospecting and sales presentations.
- Developed loan education seminars offered to realty firms.
- Designed marketing collateral.
- Created, launched and tracked marketing programs.
0-5 years of experience
Analyzed and assessed borrowers’ financial status to match clients with suitable programs
- Prepared loan packages and ensured all aspects of closing process were completed on time
- Built new and referral business by establishing large, comprehensive network of CPAs, lawyers, and real estate agents
- Consistently averaged $1-2MM in monthly sales volume
10+ years of experience
Developed and manage a full service brokerage company with a team of 8 mortgage professionals in the Jumbo residential and commercial real estate market. The company specializes in single, multi-family, and investment residential properties. Clients consist of prominent individuals in the community, professionals, athletes, and other dignitaries. Sales volume routinely exceeds 15 million dollars per year with principle locations in Texas, Louisiana, and California.
- Evaluated subject properties, financial strength, and credit-worthiness of borrowers.
- Authorized to approve loans of up to $300,000 based on documentation requirements of secondary market
- Examined, evaluated, and recommended approval of customer applications for jumbo loans and prepared jumbo loan packages (to $1,500,000) for review by major private investors.
- Served as advisor and answered general underwriting questions for loan processors and originators.
0-5 years of experience
Qualified and oversaw wholesale mortgage origination cycle.
- Training of new employees as well as maintaining relationships with their current clients.
- Performed as 2nd voicing on potential clientele to successfully close business cycle.
- Monitored and improved segment goals for month-end reports.
- Marketed and performed as host of presentations at small seminars.
- Implemented credit repair guidance to generate greater loan approval percentage.
- Researched and utilized daily knowledge of multiple bank loan programs, guidelines, and underwriting systems to forecast sales trends.
- As published by Scotsman Guide to Top Originators in 2010; personally helped drive an increase of 85% of sales for Branch President, Derek Fertig, in becoming the only #1 loan originator from the State of Florida to make top
10+ years of experience
Ranked in the top 10% of revenue producers
- Drove organic growth and net new business
- Relationship focused
- Navigated complexities of banking industry, and challenging economic conditions
- Sustained high customer satisfaction ratings (Averaged 8.5 out of 10)
- Active in business networking, lead generation, and channel strategy development
- Contributed to internal process development and team success
- Developed and executed on marketing strategy including direct mail, news advertising, target campaigns, etc.
10+ years of experience
Developed an 18-step training program designed to take prospective clients through the loan process while maximizing potential for developing long-lasting relationships and establishing a referral base.
- Trained and developed a team of loan officers in the areas of sales, building relationships, closing techniques, and referral building.
- Developed business-development strategies, market-analysis studies, business planning, budgeting, and revenue forecasting.
- Networked with realtors and clients to build referral business.
- Grew the business to gross $532,000 in 2005.
0-5 years of experience
Senior Mortgage Broker
- Supervised and headed brokerage division team of 16 brokers servicing residential clients
- Processed loans, underwrote before submission to ensure a 95% chance of approval.
- Possess a complete understanding of Lender’s Underwriting criteria
- In 6 months with 4 Loan Officers increased production by 135% in an increasingly declining market
- Maintained team providing guidance through training and market analysis
- Conducted broad and in-dept analysis of assigned programs including policies, program development, operations, procedures, and resource usage.
- Analyzed operational reports, developed recommendations for expansion of and operations of financial activities
0-5 years of experience
- Administered loan closing and incorporated closing documents for successful and efficient loan closings
- Generated good loans from cold calling on a dialer, lead generation and appointment setting for pipeline building
- Reviewed approved mortgage loans to determine if conditions were met prior to closing, such as purchase of private mortgage insurance for fluid loan closings
- Designed and produced programs to realtors, and strategies to build related websites and increased network
- Achieved file completion with borrower, real estate broker and Title Company to request specified documents, such as receipt for payment of outstanding tax bill for successful closings.
- Provided high energy work ethic and positive attitude for myself and coworkers
0-5 years of experience
Assisted customers in maintaining semblance with the new and different mortgage products available in the market.
- Compared the products of other companies and also prepared presentations that highlighted the advantages of our products compared to others.
- Identified customer needs and professionally provided suggestions to cater to those needs.
- Cementing the relationship with existing customers to contribute to my referral base.
- Proposed the appropriate plans to the customers after carefully analyzing their needs and financial liabilities and status.
10+ years of experience
- Directed all sales and marketing efforts with the company
- Top performer with over $14M in sales annually
- Worked closed with clients and employees to build customer and staff interaction
- Helped prepare and organized important documents for files
- Established and designed a more reliable, efficient system for client files
- Access customers suitability for funds and ability to repay in accordance with the lender’s policy and other appropriate guidelines and procedures
0-5 years of experience
Prepared and audited mortgage loan documents for sale to lenders.
- Created automated daily statistics report that provided management with important
- Earned a role as a trusted assistant to the company underwriter, executive staff and office
- Served as a primary liaison to lenders, ensuring a consistently positive customer
- Managed a busy phone system, effectively directing incoming calls to the proper
0-5 years of experience
Was promoted from assistant to Mortgage Broker within 4 months of hire.
- Acquired knowledge to aid in clearing lending stipulations correlating to Mortgage Brokers.
- Demonstrated skill to close and manage deals with ease; ensuring that clients obtained a loan that was not beyond their means.
- Implemented training courses for new recruits.
- Built positive relationships with mortgage brokers, as well as potential homeowners.
0-5 years of experience
Evaluated loan applicants based on individual criteria and assessed most appropriate loan product
- Generated standard and ad hoc monthly reports to track efficiency and time management of loan closings
- Managed and organized large amounts of data while processing and underwriting mortgages for in house lending
- Engaged in and saw to the quality of customer service and care of individual client borrowers
- Solicited potential clients and originated new loans
0-5 years of experience
- Generated over $150,000,000 of legitimate prospective mortgage deals
- Performed extensive individualized underwriting, cash flow analysis and processing for over 50 deals. Personally involved from when the deal comes in to closing. No “handing the deal off” to anyone else
- Successfully manage borrower expectations and negotiate the best possible terms from lenders while positively maintaining borrower and lender relationships.
10+ years of experience
- Responsible for all company functions including loan origination, processing, closing and post closing.
- Managed 25 employees including senior and junior loan officers, field representatives, processors, and administrative staff.
- Daily functions included recruiting, hiring, training, motivating, sales / goal tracking, federal and state regulatory compliance, profit & loss, payroll and budgeting.
- Led marketing efforts that included telemarketing and direct mail, generating $500 million in total lending activity over 12 years.
- Managed relationships with various wholesale lenders. Negotiated pricing, incentives and continually learned new loan programs / guidelines available.
- Successfully managed $4,000,000 mortgage banking warehouse line.
- Counseled customers from initial contact through loan closing on all aspects and components of the loan process, such as current interest rates, monthly payments, costs and benefits of each loan product.
0-5 years of experience
Responsible for generating/converting residential mortgage leads from several sources (realtor relationships, internet leads, open houses etc.)
- Guided clients through all aspects of the mortgage loan from applicaton to funding.
- Worked closely with Account Executives, Underwriters, and third- parties to ensure a smooth process for clients.
- Consistantly ranked a Top 5 producer in an office of 30 – Top 100 in company of over 900 Loan Officers
6-10 years of experience
- Sell Mortgage Products, process loans, interact with clients, and run the entire office.
- Worked full time and earned a Bachelors of Arts.
- Devised a unique follow up system that increased sales by 6%.
0-5 years of experience
Loan Specialist
- Completed residential mortgage loan application.
- Assessed and advised applicants about program options.
- Gathered required documentation.
- Submitted credit loan application to lenders.
- Mediated and complied with lender requirements.
10+ years of experience
Identified and marketed potential clients via direct mail, internet and cold calls
- Negotiated rates and terms with wholesale lenders
- Handled all paperwork for purchases, refinances, HELOCs
- Attended and orchestrated all closings with client
- Created and reviewed database of all client activity
0-5 years of experience
- Contacted possible clients via cold-calls or provided leads.
- Assisted clients with 2nd Mortgage qualifying application preparation.
- Facilitated orientation for 1st time buyers.
10+ years of experience
Developed business plan and revenue model to start up business.
- Manager of all financial, marketing, and sales strategies
- Hired, trained and managed loan consultants to sell mortgage refinances
- Facilitated sales by interacting with mortgage lenders, bankers, title reps, escrow and appraisal companies
6-10 years of experience
- Generated sales leads from repeat business and referrals.
- Reviewed credit statements and reports.
- Managed loan documents from beginning to the close of loan.
10+ years of experience
Managed Small Mortgage Brokerage
- Qualified Clients
- Evaluated Credit
- Performed Title and Property Searches
- Coordinated all parties involved in a real estate transaction
- Consulted on all transactions
- Researched and updated all policies, rules and guidelines
6-10 years of experience
- Managed staff of 6
- Closed loans ranging from $50,000 to over $600,000
- Assisted in selection of high quality commercial loans
- Liaised with banks, vendors and various external clients
- Administered client interviews to determine eligibility for loans
- Coordinated marketing efforts for new loan solution and transactions
- Developed business strategies to resolve issues and credit blemishes with problem loans
10+ years of experience
Originated mortgage loans and ran company operations of 15 people at various times of operation.
- Responsible for hiring, coaching, mentoring, developing and supervising fellow team members to ensure company’s procedures and standards were being upheld
- Organized investor relations, short sale purchases and loan modification negotiations.
- Managed operations of loan productions including underwriting/credit risks
- Sales Manager and CRM implementation
0-5 years of experience
Generate quality mortgage applications and develop relationships with realtors and local builders. Manage processors, under writers, realtors and work with customers to meet purchase contract closing dates.
- One of the top loan originators in the Boise area for my company
- Helped my company capture a strategic alliance with Keller Williams
- Responsible for marketing and self-sourcing my own business
- Maintain relationship by calling, emailing and making monthly visits
- Process and negotiate fees and discrepancies
- Review and analyze applications to place borrowers in best mortgage program
10+ years of experience
Managed a team of 8 mortgage brokers.
- Supervised the operations for 3 offices in Coral Springs, Melbourne and Port Charlotte, Florida.
- Recruited, managed and trained all mortgage brokers.
- Supervised 2 loan processors who performed all loan processing for the 3 office locations.
- Closed all loan packages and interacted with lenders and borrowers.
- Responsible for all compliance documents and ensuring proper execution to closing.
- Originated loans and generated leads. Loans included B/C, Alt-A and conforming loans. Loan Modifications per lender guidelines.
- Generated referrals from existing clients and maintained contact to facilitate future referrals.
- Proficient in Office, Excel, Word, Genesis and Encompass loan origination software, also FNMA, DO and various lender submission software.
- Closed between 10 to 15 loans per month.
10+ years of experience
Mortgage Broker for over 20 years.
- Managed up to 15 loan officers and employees.
- Coordinate the day-to-day processing of loan applications and submissions of loans to investors.
- Currently works with 4 wholesale lenders: Conventional, FHA, VA and USDA loans.
- In charge of quality control during the processing and closing of loans.
- Company has over a 93% approval records on loans.
0-5 years of experience
Interview, hire, and train new employees.
- Meet with applicants to obtain information for loan applications and to answer questions about the process.
- Analyze potential loan markets and develop referral networks to locate prospects for loans.
- Assisted in recruiting and training nine qualified loan officers to [company name]
0-5 years of experience
Mortgage Processor/ Underwriter
- Processed and underwrote loans while adhering to investor’s guidelines
- Processed to close and underwrote 5-6 loans per day including conditions
- Underwrote loans utilizing DU/LP and some Manual Underwrites
- Determined eligibility based on credit and financial information
- Reviewed loan applications based FNMA and FHLMC guidelines
6-10 years of experience
- Originated loans for residential and commercial property purchases
- Refinanced existing loans and arranged equity lines of credit
- Coordinated with lender’s underwriting departments to facilitate loan closings
10+ years of experience
- Performed approximately 4000 hours per year of real estate property appraisal services
- Personally solicited my services to banks, credit unions & realtors
- Attended required educational courses for mortgage business & real estate property appraising
- Originated conventional and government mortgage loans
- Processed entire loan from origination to closing
- Prepared and delivered mortgage loan packages to lenders
- Administrated all mortgage loan closings
6-10 years of experience
Manage, arrange, and cater South Trust business luncheons and dinner meetings
- Assist EVP, SVP, and VP in coordination of meetings with vendors and consultants
- Support and aid with the creation of projects and presentations for vendors
- Administrative Assistant to Public Relations including Press and Earnings Release
- Managed STB Travel Department’s booking reservations for Corporate Jets, and flight schedule for pilots and passengers
- Answered departmental multi-line calls and prioritized purchase of all office supplies
0-5 years of experience
Generated new sales leads via internet and social media marketing campaigns.
- Identified best qualified target clients through data mining.
- Attended various industry specific vendor events to secure new potential clients.
- Handled inquiries from marketing campaigns regarding our products and services.
- Facilitated presentations to CEO’s, executive boards, church congregations, and other key decisions makers.
- Attended closings to strengthen client relationships and request referral business.
0-5 years of experience
Originate four to six loans per month, set up appointments with realtors, bankers, & developers
- Provide financial analysis to client on how they can save money and what their benefits are.
- Review loan files and make sure all documentation and ratios are in accordance
- Run loans through the D/U, L/P system for approval, and submit full file to lender
- Clear conditions if any, coordinate closing with lender and title company
- Processed residential/commercial, Conventional. FHA, VA & reverse mortgages
0-5 years of experience
- Provided financial planning assistance to clients by analyzing their personal financial situation.
- Initiated sales as a mortgage broker by providing clients with loans to suit their specific needs.
- Invested in building relationships with realtors, lenders and managed a sales team.
- Supervised a team of loan officers’ job responsibilities.
- Dealt directly with bank representatives and underwriters for loan programs and loan conditions.
- Provided residential, commercial and construction loans to clients.
10+ years of experience
Responsibilities include: Originating, underwriting and processing all types of credit exposure, managing an assigned credit portfolio, documenting credit actions and timely preparation of credit reviews, successfully closing new business relationships and expanding existing relationships, managing credit risk and responding to prospect or customer credit questions and making independent calls on assigned portfolio of relationships.
- Review and analyze loan transaction packages for preliminary approval or denial in accordance with the lender’s current guidelines.
- Provide credible recommendations to senior management and loan committee members, ensuring accuracy and honesty.
- Write-up Real Estate Loan approval for submission to appropriate personnel.
- Meet all potential Borrowers and inspect all properties for requested financing.
- Prepare current and historical income, expense analysis and lease summary/rent roll for each transaction.
- Prepare and present all related deal points to Loan Committee when required.
0-5 years of experience
Approve loans within specified limits, and refer loan applications outside those limits to management approval.
- Meet with applicants to obtain information for loan applications and to answer questions about the process.
- Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
- Review loan agreements to ensure that they are complete and accurate according to policy.
- Compute payment schedules.
- Stay informed of new types of loans and other financial services and products to better meet the customers’ needs.
10+ years of experience
Functions as owner while performing all aspects of operations and compliance for multiple Broker Branch Offices throughout Florida and Maryland.
- Effectively underwrite loan files to lender guidelines and programs.
- Analyze title policies, credit reports, appraisal reports, income documentation and assets.
- Qualify borrowers for requested mortgage loan or restructure accordingly.
- Closing of the following loan types; Prime, Sub Prime, Jumbo, Commercial and Hard Money loans.
- Reconcile HUD 1 Settlement Fee’s and appropriate compensation due to Lender and Brokers.
0-5 years of experience
Work with clients to provide financing across all commercial real estate asset classes and sizes
- Develop financial models to determine feasibility of commercial loans
- Conduct due diligence and underwriting for various investment properties
- Personally arranged ~ $12 million in total financing as of June 2012
0-5 years of experience
Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
- Obtain and compile copies of loan applicants’ credit histories, corporate financial statements, and other financial information.
- Meet with applicants to obtain information for loan applications and to answer questions about the process.
- Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
- Review loan agreements to ensure that they are complete and accurate according to policy.
- Maintain current knowledge of loan and credit regulations.
0-5 years of experience
Core responsibilities of the role include; identifying, qualifying and capturing new business, providing excellent account management and providing prospects with accurate and complete mortgage/qualifying information.
- Establishing reputable long term client relationships as [company name].
- Responsible for assisting realtors with interviewing clients (face to face if possible) to obtain the best loan package suitable to meet their customer’s needs, negotiate and close the loans.
- Lead based environment – licensed in Kentucky, Indiana, Alabama, Tennessee, Maryland & Virginia – manage and evaluate leads
- Performance Driven/Customer Driven in building lifetime relationships
0-5 years of experience
Originate and process multiple loan files while educating customers and business partners on available loan products
- Develop and maintain relationships with referral partners including real estate agents, appraiser, and title companies, etc
- Initiate and maintain relationships with large lending institutions for marketing of their wholesale mortgage products
- Collect and analyze mortgage applications to match with suitable mortgage products
- Hire and train new loan officers on loan origination and processing procedures.
0-5 years of experience
- Contacted leads to offer several options and rates to finance or re-finance loans.
- Originated and completed loan paperwork.
- Worked closely with clients, processors and banks to make sure every step of the process went smoothly (closed most loans within 30 days).
- Offered unique solutions to fix problems that would arise from time to time.
0-5 years of experience
Responsible for maintaining and growing the list of qualified leads that the brokers could call on from time to time.
- Responsible for closing out each mortgage by making sure the checklist was accurately completed.
- Responsible for creating and maintaining the mortgage checklists for transactions.
- Assisted the brokers in creating effective marketing campaigns both in print and online.
- Responsible for maintaining comprehensive correspondence files for every transaction the firm initiated.
- Often asked to run important errands to the banks, Title Insurance Companies and Law Offices.
- Regarded for being able to establish strong channels of communication with each side of a transaction.
10+ years of experience
- Maintain client records/personnel records; record management
- Recruited, trained, and managed a team of new recruits
- Advise clients on market conditions, prices, mortgages, legal requirements, and related matters. Underwriter (have complete authority to accept of declines all loans.)
- Analyze credit reports, financial data, and fiscal statements. Verified employment.
- Assist production department in processing received loans, entering Good Faith Estimates and Truth in Lending amounts, and entering required lender/borrower data into system, according to Investor Guidelines.
- Interview life insurance candidates, order blood work, made underwriter decision to accept or reject applicants based up health and criminal history (Manual underwriting).
0-5 years of experience
- Generate mortgage loans for residential and commercial borrowers.
- Ensure 100% compliance for all state and federal regulations.
- Promote business through real estate contacts and professional affiliations.
- Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- Attend closings to deliver a professional, successful transaction.
0-5 years of experience
- Identified customers needs and professionally provided suggestions to the product development team about their grievances.
- Cemented the relationship with existing customers to contribute to my referral base
- Fomented the relationship with the other branch colleagues and all contact channels in order to achieve the set sales goal
- Proposed the appropriate plans to customers after carefully analyzing their needs and financial liabilities and status
- Interviewed the prospective customers and found a suitable product for them after assessing their ability of repayment and what they were comfortable with
- Accurate completion of the mortgage related documentation in compliance with the lending policies and procedures for my company
Mortgage Broker Duties and Responsibilities
To accomplish their main goal of finding the ideal mortgage rate for their clients, Mortgage Brokers have a variety of tasks they must maintain. We examined several job postings and identified these core duties and responsibilities.
Manage Related Paperwork Mortgage Brokers manage the information used to match a client with a bank. This includes keeping track of bank statements, paystubs, credit history and the like, on the part of the client. They also fill out and file the related forms with the lender, such as lender applications or agreements.
Seek Out Additional Clients Many Mortgage Brokers, particularly those working for mortgage companies, are expected to develop relationships with various real estate companies and other local sources, in order to find and meet the needs of potential clients. This may include marketing your firm to make it more attractive to perspective clients.
Assess the Market As representatives of their client’s interests, the Mortgage Broker is often tasked with negotiating with banks and direct lenders in order to find the best loan for the client’s situation. They must also accurately assess the client’s financial circumstances, credit history and affordability, in order to find their ideal match.
Maintain Professional Conduct All Mortgage Brokers must ensure their activities are in accordance with banking and financial legislation at the local, state and federal levels. In particular, each state has different scopes of regulation that Mortgage Brokers must be familiar with.
Provide Legal Explanations Mortgage Brokers are also responsible for educating their clients about their legal and financial options. This could include explaining legal disclosures, reviewing the client’s budget and helping the client fill out and understand all the necessary paperwork.
Mortgage Broker Skills
Mortgage Brokers are both social and analytical in nature. They need to build a solid trust with each of their clients, co-workers and local real estate companies. They rely on strong analytical skills to help them find the ideal lender for their client. They also need strong organizational skills, since they will manage multiple accounts simultaneously. In addition, potential employers are also looking for Mortgage Brokers with the following skills. Core skills: Based on job listings we looked at, employers want Mortgage Broker with these core skills. If you want to work as a Mortgage Broker, focus on the following.
- Knowing common mortgage products, programs and procedures
- Understanding mortgage underwriting
- Applying sales principles and techniques to promote and sell your company’s services
- Knowing how to use Microsoft Office programs
Advanced skills: While most employers did not require the following skills, multiple job listings included them as preferred. Add these to your Mortgage Broker toolbox and broaden your career options.
- Previous experience with the mortgage industry, preferably through previous employment as a loan processor, underwriter or closer
- Understanding consultative sales methods
Mortgage Broker Resources
After searching through multiple sites across the web, we’ve put together the following list of industry resources for anyone considering a career as a Mortgage Broker. This list below is packed with multiple options to both learn from and connect with other professionals. On the Web
Mortgage Monkey – Gary Boyer’s website provides a cursory glimpse into the life of a mortgage broker, while also providing ‘Mortgage 101’ information for both potential clients and aspiring mortgage brokers.
The Truth About Mortgage – This comprehensive site thoroughly defines the vocabulary and relationships between lenders, brokers and clients. It includes additional information on loan types, refinancing, mortgage tips and more.
Investopedia – This finance-based dictionary is a useful tool for anyone preparing for or studying to become a Mortgage Broker. This website also includes a number of additional resources, such as tutorials, videos and even study guides for exams in finance related fields. On LinkedIn
Loan Officer Mortgage Broker Training – This group offers information and education regarding national licensing for mortgage brokers and loan officers. They keep their members informed of the many changes happening in the industry, on both state and federal levels, which may require the compliance of Mortgage Brokers nationwide.
Mortgage Broker and Real Estate Agents – This group helps to bridge the gap between Mortgage Brokers, Realtors, Real Estate Agents, Sales Professionals and Loan Officers. In an industry where knowing the right people can be the difference between finding the next client and not, stay in touch with these experienced professionals to benefit from their wisdom and experience.
Ask An Inspector – Kent B. Sauber, an experienced home inspector, put together this LinkedIn group as a means for clients, fellow professionals and aspiring Mortgage Brokers to ask him questions. Want to know the in’s and out’s of valuing a property? Get them answered here. Industry Groups
NAMB – This association of Mortgage Professionals is designed to both educate the aspiring Mortgage Professional and provide a number of membership benefits to established professionals, such as staying informed about changes in the industry, and specific services tailored to your needs on both state and federal levels.
UMBA – The UpFront Mortgage Brokers Association is a non-profit designed to educate and prepare Mortgage Brokers to better meet the needs of their clients. Mortgage Brokers who commit to this organization also commit to specific codes of conduct, in accordance with their individual state’s regulations. Mortgage Broker Books
Mortgage Broker: The Ultimate Guide On How To Become A Successful Mortgage Broker – This book focuses on the skills, techniques and education required to become a “Six Figure Mortgage Broker.” This book includes how to find referrals for additional business, find clients, team up with local businesses and other underlying attributes the make a successful Mortgage Broker.
How to become a Mortgage Broker 101 – Rick Foxx, an industry veteran with 20 years of experience in the field, reviews the steps needed to attain a 6 figure income in this career path. He also includes how to gain a license, locate wholesale lenders and earn a living from the comfort of your own home.
The SAFE Mortgage Loan Originator National Exam Study Guide: Second Edition – A useful tool for aspiring Mortgage Brokers and a vital tool for students in the field, this study guide for the national exams is updated with the latest regulatory changes in the field. This book also provides a series of quizzes and practice exams to help you test your knowledge.