Parabroker - Australian Mortgage

Location : Jaipur | WFH

Experience : 2+ Years

Timings : 06:00 AM to 03:00 PM.

Job Description:

• Manage end-to-end parabroking activities, from initial client onboarding and document collection to loan submission and settlement support.
• Create and maintain client folders in the broker's nominated storage applications, such as OneDrive, Google Drive, or Dropbox.
• Enter, update, and maintain client information accurately in CRM and broker platforms such as Flex, Broker Engine, Mercury, AOL, and other relevant systems.
• Organize client documents and subfolders according to the broker's naming conventions and internal procedures.
• Review supporting documents, identify missing information, and follow up on outstanding documents required for loan applications.
• Prepare and compile customer files, ensuring all documentation is accurate, complete, and compliant with lender requirements.
• Assess client financial information, including income, expenses, liabilities, and existing commitments, to calculate borrowing capacity and serviceability.
• Conduct lender research, compare loan products, review interest rates, and identify suitable lending options based on client requirements.
• Prepare loan application documents, compliance paperwork, credit proposals, and supporting documentation in line with Australian lending guidelines.
• Complete and prepare AOL applications and other relevant lender application forms.
• Order property valuations, pricing requests, and other lender-related requirements.
• Liaise with lenders, banks, solicitors, real estate agents, and other third-party representatives to obtain updates and resolve outstanding queries.
• Track loan applications throughout the process, proactively follow up with lenders, and support applications through approval, settlement, and post-settlement requirements.
• Maintain accurate records of application progress, lender communications, and outstanding requirements.
• Stay updated on Australian lending policies, lender products, compliance requirements, and industry changes through ongoing training.