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Wells Fargo

Diversified financial services: banking, lending, investments

Mortgage Retail Sales Consultant

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timePhiladelphia, PA, USANo salary listedIn-person

About the Job

Requirements

  • At least 2 years of Mortgage Retail Sales experience, or equivalent experience demonstrated through work, training, military experience, or education.
  • Basic Microsoft Office skills are desired.
  • Experience with retail residential mortgages, including purchase fundings over the past 12 months referred primarily from established local or external sources, is desired.
  • Experience educating clients on mortgage programs is desired.
  • Mortgage industry experience is desired.
  • Knowledge of sales prospecting and generating referrals is desired.
  • Experience developing and cultivating professional relationships is desired.
  • Bilingual speaking proficiency in Spanish and English is desired.
  • Customer service experience is desired.
  • Must obtain SAFE registration at the time of employment and meet the Loan Originator qualification requirements, including applicable financial responsibility, character, general financial fitness, criminal background standards, and ongoing regulatory screening requirements.
  • Reliable transportation.
  • Ability to work nights, weekends, and/or holidays as needed or scheduled.

Responsibilities

  • Solicit residential mortgages from various sources.
  • Produce high-quality, compliant loans and provide customer service.
  • Build relationships with realtors, builders, financial professionals, bank stores, past customers, and other non-traditional sources.
  • Develop and maintain visibility for Wells Fargo Home Mortgage in the marketplace and stay informed about mortgage industry trends and developments in the assigned market.
  • Present loan-production recommendations and exercise independent judgment while developing understanding of and adhering to mortgage retail sales policies, procedures, compliance requirements, and loan-generation practices.
  • Understand real estate appraisals, title reports, and real estate transactions.
  • Receive customer applications, quote rates and points, complete registration lock-in follow-up, and analyze and offer mortgage products based on client needs.
  • Review and analyze low- to moderately-complex financial and credit data, matching customer needs with an appropriate loan program and risk level.
  • Inform prospective and existing customers about mortgage programs, rates, policies, underwriting requirements, and loan procedures; ensure timely and proactive customer communication.
  • Pursue Wells Fargo training offerings to increase knowledge of company products, policies, procedures, and underwriting requirements.
  • Comply with the S.A.F.E. Mortgage Licensing Act of 2008 and related regulations, including requirements for dwelling-secured transaction applications or term negotiations and Loan Originator requirements under Regulation Z.
  • Meet applicable risk-program, compliance, monitoring, escalation, and remediation obligations and make risk decisions consistent with company policies and requirements.

About the Company

Wells Fargo

Diversified financial services: banking, lending, investments

Wells Fargo offers a broad set of financial services, including banking, mortgages, investing, credit cards, and wealth and business banking, to individuals, small businesses, and large corporations. Its products combine everyday banking with lending, investment products, and advisory services, accessible through branches, ATMs, and online or mobile platforms. The company earns mainly from interest on loans, banking fees, and commissions on investment products, supported by a large network and secure technology. Its goal is to help customers manage, preserve, and grow their money through trusted, accessible, and comprehensive financial solutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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