mortgage broker

Description

Mortgage brokers handle mortgage loan applications from clients, collect loan documentation and search for new mortgage lending opportunities. They complete and close mortgage loan processes for their clients.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

mortgage loans credit control processes tax legislation property law actuarial science banking activities real estate underwriting securities

OPTIONALAdjacent knowledge that strengthens fit

foreclosure debt systems business loans

Practical Skills

ESSENTIALApplied skills & competences

maintain client debt records monitor loan portfolio provide support in financial calculation negotiate loan agreements obtain financial information interview bank loanees manage loan applications collect property financial information inform on interest rates moderate in negotiations decide on loan applications examine mortgage loan documents maintain credit history of clients

OPTIONALOptional competences

protect client interests analyse financial risk communicate with banking professionals examine credit ratings assist in loan applications consult credit score synthesise financial information analyse loans interpret financial statements