ISCO Specialization 3311.2.2 Mortgage Broker
From Open Risk Manual
Definition
Mortgage Broker: 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.
Essential Skills
- Monitor Loan Portfolio
- Securities
- Decide On Loan Applications
- Collect Property Financial Information
- Negotiate Loan Agreements
- Credit Control Processes
- Real Estate Underwriting
- Inform On Interest Rates
- Moderate In Negotiations
- Maintain Client Debt Records
- Property Law
- Actuarial Science
- Manage Loan Applications
- Maintain Credit History Of Clients
- Examine Mortgage Loan Documents
- Mortgage Loans
- Obtain Financial Information
- Banking Activities
- Tax Legislation
- Interview Bank Loanees
- Assess Mortgage Risk
- Provide Support In Financial Calculation
Optional Skills
- Examine Credit Ratings
- Analyse Loans
- Interpret Financial Statements
- Protect Client Interests
- Business Loans
- Debt Systems
- Analyse Financial Risk
- Communicate With Banking Professionals
- Consult Credit Score
- Synthesise Financial Information
- Foreclosure
- Assist In Loan Applications
Alternative Names
- Mortgage Analyst
- Administrator Of Mortgage Loans
- Officer For Mortgage Loan
- Mortgage Officer
- Mortgage Administrator
- Mortgage Coordinator
- Mortgage Professional
- Mortgage Loans Officer
