Working primarily in banks that cater to the mortgage needs of their customers, mortgage loan specialists handle routine work associated with mortgage loans for residential and commercial projects. They need to be well-versed in the procedures and regulations that govern mortgage loans so that they can promote the business of the bank that they are… Read More »
A resume of a candidate applying for a Mortgage Loan Originator position must be written according to the needs and wants of the prospective organization. An ideal resume must reflect excellent sales skills, knowledge of loan processing policies, and expertise in filing borrower cases. To give more strength to your resume, it is advisable to… Read More »
Loan officers create a link between people who are looking for loans and the bank that is willing to give them a loan. To be a loan officer, one needs to be savvy when it comes to financial knowledge. You should be able to understand how the system works so that you can speak intelligently… Read More »
Mortgage banking specialists work in banks and specialize in providing clients with mortgage solutions. They assist clients in applying for mortgage loans and negotiate the terms and conditions of the plan with them. They also help customers in deciding what type of mortgage plans they are eligible for and what suits their financial needs. The… Read More »
Mortgage brokers create a link between lenders and borrowers within a financial real estate setting. They work with many lenders 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… Read More »
A Mortgage Processor is responsible for providing property buyers and refinancers with mortgage loans. Their primary task is to analyze the financial background of applicants to see how creditworthy they are and if they will be able to pay back the loan. A cover letter for a Mortgage Processor is your first introduction to a… Read More »
Consider your mortgage loan officer resume as a marketing tool or an advertisement. Now, what does an effective advertisement do? Does it only tell you the specifications of a product? No! It’s more than that. Just like a good advertisement tells you the benefits you will get by buying the product, an effective resume shows… Read More »
A Mortgage Loan Officer’s primary responsibility is to initiate mortgage applications by applying various sales and marketing techniques. This position takes the benefit of referrals for new mortgage lending opportunities which is why people working in this position need to possess some degree of sales background. A cover letter for a Mortgage Loan Officer position… Read More »
Most people need to get a mortgage if they want to buy a house or an apartment. Mortgage bankers, underwriters, and brokers are people who work in the mortgage industry, in the process of house ownership. Mortgage brokers are the link between the bank and the prospective house owners, and mortgage underwriters are the ones… Read More »
Tailoring, presentation, and proofreading; these three are the most important things to be considered when writing a resume for a Mortgage Specialist position. Tailor your resume to the nature of mortgage job you are applying for, compellingly format your resume and always proofread your resume. There is nothing that puts off an employer more… Read More »