What are the duties of a mortgage broker?
A mortgage broker helps borrowers connect with lenders and seeks out the best fit in terms of the borrower's financial situation and interest-rate needs. The mortgage broker also gathers paperwork from the borrower and passes that paperwork along to a mortgage lender for underwriting and approval purposes.
What skills are needed for a mortgage broker?
From Loan Processor to Underwriter: These Are the Skills Modern Mortgage Professionals Need. Mortgage Loan Officer Skills. Excellent Communication to Increase Loan Originations. ... Mortgage Loan Processor Skills. ... Mortgage Underwriter Skills. ... Credit Investigator Skills. ... Loan Servicer Skills.