5 Characteristics of a Dynamic Loan Processor
Not everyone is meant to be a mortgage loan processor. Want to know what it takes to be a dynamic loan processor? A dynamic loan processor:
- Is an Excellent Communicator – A dynamic processor has great communication skills. They understand how critical their role is to a successful loan closing. The dynamic processor accepts the responsibility for communicating the good, the bad, and the ugly to all involved in a professional manner. The dynamic processor creates an understanding of what has to happen and why it has to happen without getting caught in the drama.
- Is Resourceful – A processor has to know how to get the job done no matter what. That means knowing who to call, what questions to ask, how to get cooperation, and where to find what you need. When a deal needs to close before the interest rate lock expires or a purchase deal needs to fund on time, the resourceful processor will use their expertise to make it happen.
- Has a Pleasing Personality – A dynamic processor leaves the attitude at home. Although it is sometimes a challenge to stay positive and upbeat while interacting with so many clients, the dynamic processor gets it done.
- Is Focused – A dynamic processor maintains a focus on meeting the team’s funding goal. They will take the time to learn about a new program or new lender resource that makes it easier on the entire team.
- Is Organized – A dynamic processor is definitely well organized. They will typically develop their own system of resources to complement the existing organizational structure. This unique system allows the dynamic processor to switch gears quickly when priorities change.
The ability to process mortgage loans quickly and efficiently is key to exceeding production goals. There are learning opportunities everywhere. Take advantage of as many opportunities as possible to strengthen your expertise.