Private Mortgage Banker

1 week ago


Springfield, New Jersey, United States Wells Fargo Full time
About this Role:

Wells Fargo is seeking a skilled professional to join our team as a Private Mortgage Banker. In this role, you will be responsible for soliciting residential mortgages from various sources, producing high-quality jumbo loans, and providing excellent customer service.

Key Responsibilities:
  • Participate in soliciting residential mortgages from various sources, including realtors, builders, financial professionals, and bank stores.
  • Produce high-quality jumbo loans that are compliant with regulatory requirements and provide excellent customer service.
  • Build relationships with affluent borrowers and other non-traditional sources to increase loan production.
  • Develop and maintain a high degree of visibility for Wells Fargo Home Mortgage in the marketplace, staying informed of mortgage industry trends and developments.
  • Present recommendations for producing loans and exercise independent judgment while developing understanding of and adherence to Private Mortgage Banking Sales functional area, policies, procedures, compliance requirements, and generating loans.
  • Understand real estate appraisals, title reports, and real estate transactions.
  • Receive customer applications, quote rates and points, and complete follow-up activities with registration lock-in; analyze and offer mortgage loan products based on client needs.
  • Review and analyze low to moderately complex financial and credit data; match customer needs with an appropriate loan program and level of risk.
  • Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates, policies, underwriting requirements, and loan procedures; maintain high standards of client satisfaction and quality by ensuring timely and proactive customer communication.
  • Pursue Wells Fargo training offerings to increase knowledge of company products, policies, and procedures, and underwriting requirements.
Requirements:
  • 2+ years of Private Mortgage Banking Sales experience, or equivalent demonstrated through one or a combination of work experience, training, military experience, or education.
Benefits:

Wells Fargo offers a comprehensive set of benefits, including health benefits, 401(k) Plan, paid time off, disability benefits, life insurance, critical illness insurance, and accident insurance, among others.

Posting End Date:

11 Nov 2024



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