Mortgage loan specialist Interview Questions
1K
Mortgage Loan Specialist interview questions shared by candidates
What is a 1003?
3 Answers↳
Mortgage home loan application
↳
Residential Home Loan Application
↳
Mortgage loan application



What would you do if you were faced with an upset client? What would you do to handle the situation and make client feel better about the situation?
2 Answers↳
I told her that I would do my best to make the customer feel that I fully understood her needs, that I would handle the situation accordingly, do not rush the client off the phone, apologize even if I felt it was not our fault or mistake, and escalate issue to management/supervisor if I felt it had to do with something I could not handle since we should all work as a team and reach out when we are unsure of how to go about a problem. Less
↳
Defuse the situation by understanding the customers’s point of view. Let the customer speak without any interruption as they just may be venting and just want someone on the end to just listen to what he/she is saying. To the customer there is no right or wrong at the time of their complaint. Once they’re done speaking now you can say I’m sorry you had to go through all that and let’s see what we can do for you and don’t let the customer go without her/him being satisfied with your answer. Don’t say I know how you feel because you don’t know. Don’t give sympathy but you should give empathy as we want the custom to know we care and we will handle the issue. Less



Why do you want to work for Bank of America
2 Answers↳
I was interested in working for a bank that is moving forward.
↳
Good experience

How would you bring in the business when the market is dry?
2 Answers↳
I will not give off, If the market is dry, I alway still have market to work with. I have to work extra miles to find what can profits to my existing clients and find the new leads. Key, I have to know my products and like what I perform and good function to all of my clients even my goal to make Money he he ...... Less
↳
I will not give off, If the market is dry, I alway still have market to work with. I have to work extra miles to find what can profits to my existing clients and find the new leads. Key, I have to know my products and like what I perform and good function to all of my clients even my goal to make Money he he ...... Less


Why would I take a job that I know I'm over qualified for?
2 Answers↳
I needed a job for medical benefits.
↳
I meet the requirement for the position.