Mortgage brokers create a link between lenders and borrowers within a financial real estate setting. They work with many lenders in order to find the best possible deal for a client looking for a house to buy.

A mortgage broker can be both a company and an individual and is responsible for assessing a borrower’s financial situation in order to determine how to go about looking for a possible solution. He will interview the client and conduct income verification and credit information duties. Once this is in check, s/he is expected to research the best possible loan solution that meets the client’s needs.

In order to understand the role of a mortgage broker in a better manner, let us have a look at some duties that he is expected to perform when working at this position:


Job Description for Mortgage Broker Resume

• Develop new business and ensure recurring business from clients

• Liaison with key lenders which may include banks, insurance companies and other specialized finance companies

• Generate and make presentations for exclusive assignments

• Build networking and referral systems

• Analyze applicant’s financial situation and hunt for possible loan solutions

• Originate loans in order to sell to lending authorities

• Evaluate financial histories, pay stubs and tax information

• Ensure compliance with financial laws of the state

• Verify borrowers income and credit information

• Explain legal aspects of the loan to the borrower along with payment terms and conditions


Apart from the usual work duties of this position, a mortgage broker is expected to prepare clients’ applications for loan processing and share information with the client regarding legal terms and conditions of the loan in question.