Mortgage Lending Broker Salary in Elmhurst, Illinois

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Average Salary for Mortgage Lending Broker in Elmhurst, Illinois

The average salary of a(n) Mortgage Lending Broker in Elmhurst, Illinois is $59,726.

The average hourly rate of a(n) Mortgage Lending Broker in Elmhurst, Illinois is $28.71.

The average bonus of a(n) Mortgage Lending Broker in Elmhurst, Illinois is $8,362.00.

Job Description:

Sells mortgage lending services to new or existing customers of a commercial financial institution in assigned area or territory. Creates prospect list and gets new accounts. Contacts and interacts directly with potential, new, and existing customers or clients to present information and explain available mortgage lending services offered, utilizing persuasive sales techniques. Calculates and quotes interest rates and payments. Answers all questions concerning mortgage lending services, with appropriate referrals where required. Analyzes and determines customers' lending needs, recommends services best suited for them, and prepares and presents proposals to sell services that address those needs. Prepares forms or agreements, closes transactions, and secures sales. Establishes professional customer relationships with appropriate customer personnel. Submits time and expense reports to management. Investigates service warranty claims to ensure resolution within organization policies. Analyzes and interprets records of present and past sales, trends and costs, estimated and realized revenue, administrative commitments, and obligations incurred for management. Keeps informed of new services and changes that might affect services offered. Keeps informed of company contract procedures and service prices. May work with appropriate internal departments to obtain support and assistance in meeting customers' needs. Less

Sells mortgage lending services to new or existing customers of a commercial financial institution in assigned area or territory. Creates prospect list and gets new accounts. Contacts and interacts directly with potential, new, and existing customers or clients to present... More

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