Assumptions Mortgage Loan Consultant

The MLCI will gain the necessary licensure to originate assumption mortgage loans and work closely with customers to educate them on the assumption process, take assumption applications and communicate expectations.

Requirements

• Complete education program and obtain SAFE and State licensure as required
• Counsel customers regarding the assumption loan program.
• Pre-qualify potential borrowers based on income, debt, employment history, and other credit data.
• Determine customers' eligibility.
• Assist in gathering customer’s authorizations and supporting documentation as required by regulation and/or program guidelines.
• Originate applications and monitor the loan from application through closing process, maintaining effective communications with customers, referral sources, and loan support staff.
• Qualify borrowers based on conventional and government loan programs