Prospect Mortgage Senior Loan Officer interview questions

The process was not as intense in my situation because Prospect Mortgage became the lender in a real estate office in which I had already been working. The previous joint venture ended, leaving an opportunity for Prospect Mortgage to partner with my office. In a way, the position was more of a formality. I just had to complete paperwork and submit it to corporate HQ. I met with management 2 times, before a formal "offer" was tendered. I already knew the compensation plan before they became partners, so there were no surprises.

Hiring process for experieced sales team (Loan Officers) is the same at most mortgage companies: 1) Get to meet branch manager, 2) Talk openly about your recent past production, 3) Find out more about their systems 4) Show any type of proof of your past production or current pipeline 5) Negotiate onboarding package 6) They offer you to accept or decline incentive package