Act as an intermediary between a lender and a borrower who needs a mortgage loan. Originate loans with various lending institutions to find the best deal for a homebuyer.
Evaluate pay stubs, credit history, tax information and bank statements for financial status as well as gather their credit information.
Work to ensure compliance with banking and or finance laws in the jurisdiction of the consumer.
Follow through with lender and client during approval process.
Explain the legal aspects of the loan to the borrower as well as the payment terms and clauses to them. Define repayment terms to consumer and educate them on default consequences
REQUIREMENTS
Licensed under FICOM, RECA or FSCO as a Sub Mortgage Broker/Mortgage Agent or in the process of becoming licensed.
Strong Prospecting Ability: Must be able to develop your own sources of mortgage referrals from a variety of sources.
Balance sales goals with the requirement to operate legally and ethically.
Provide effective customer service and value-added advice by offering mortgage solutions to prospects according to customer needs and choice.
Ability to work independently and from your own space.
No experience? – no worries! As long as you’re passionate enough, we train you!
