What does a mortgage banker do?
A mortgage banker may help borrowers apply for, process and fund home loans through the bank or lending institution they represent.
Their role may include reviewing financial information, explaining available loan programs, preparing an application, coordinating underwriting and helping the borrower move toward closing.
- Mortgage pre-qualification and pre-approval
- Conventional mortgage applications
- Government-backed loan programs
- Refinancing applications
- Loan documentation and processing
- Closing preparation and lender coordination