John Montgomery
Woonona,NSW
Overview
30
30
years of professional experience
1
1
Certification
Work History
Manager Director
Jem Loan Services
Woonona, NSW
01.1994 - Current
- Developed and implemented strategies to originate mortgage loans from various sources.
- Conducted financial analysis of loan applications to determine creditworthiness and eligibility for loan approval.
- Negotiated terms and conditions with customers in order to secure optimal financing packages.
- Established relationships with lenders, investors, underwriters and other key stakeholders in the lending process.
- Facilitated communication between clients and lenders throughout the entire loan origination process.
- Analyzed customer's financial information including income, assets, liabilities and credit history to assess risk profile.
- Managed a portfolio of mortgage accounts ensuring that all documents were compliant with legal requirements.
- Reviewed existing mortgages for refinancing opportunities or modifications based on current market conditions.
- Provided guidance to borrowers regarding their individual financial situations and available options for securing financing solutions.
- Maintained up-to-date knowledge of changing regulations related to mortgage products offered by lenders.
- Developed marketing plans designed to promote services provided by the company as a Senior Mortgage Broker.
- Advised customers on various types of mortgages such as fixed rate, adjustable rate, FHA and VA loans.
- Created presentations detailing the advantages of different types of mortgage products.
- Monitored changes in interest rates and advised clients accordingly.
- Assisted in preparing paperwork necessary for closing transactions.
- Evaluated potential risks associated with each loan application before submitting it for approval.
- Researched new industry trends and best practices related to mortgage brokering services.
- Identified areas where additional training was needed among staff members involved in the loan origination process.
- Gathered client debt, credit and income information to determine loan eligibility.
- Met with applicants to obtain information for loan applications and answer questions about loan process.
- Analyzed applicants' financial status, credit and property evaluations to determine feasibility of granting loans.
- Informed customers of application deadlines, approvals and denials.
- Kept detailed records regarding approved, denied and received loan applications.
- Located and suggested loan packages that met client needs and priorities.
- Met with applicants to obtain information for loan applications and answer questions about processes.
- Assessed feasibility of loan approval by reviewing financial histories, available credit and current employment.
- Reviewed credit histories from applicants and determined feasibility of granting requested loans.
- Stayed abreast of lending regulations, industry trends and market rates.
- Identified valuable solutions for customers with credit problems.
- Reviewed loan agreements to verify completeness and accuracy according to applicable policies.
- Informed customers of loan application requirements and deadlines.
- Verified client financial information to determine creditworthiness and loan eligibility.
- Listened carefully to customer complaints and swiftly resolved issues by taking appropriate action.
- Analyzed applicant financial and credit status, evaluating assets and risk to determine loan feasibility.
- Updated client account information and records in company databases.
- Reviewed client documentation and contracts for discrepancies and mistakes.
- Complied applications and paperwork and double-checked for accuracy.
- Obtained and compiled copies of loan applicants' credit histories, corporate financial statements and other financial information.
- Assessed financial means and desires of each client in order to set up appropriate mortgage packages.
Skills
- Expense Tracking
- Financial Management
- Business Development
- Staff Development
- Performance Management
- Business Administration
- Marketing
- Policy Implementation
Certification
- Cert 4 Financial Services (Finance/Mortgage Broking)
- Credit Licence Number 395196
Timeline
Manager Director
Jem Loan Services
01.1994 - Current
- Cert 4 Financial Services (Finance/Mortgage Broking)
- Credit Licence Number 395196