Got a big interview where you’ll be applying as a Mortgage Loan Closer? Don’t sweat it! Here you can find some of the most often asked Mortgage Loan Closer interview questions as well as some examples of how to answer. Read on!
What experience do you have as a Mortgage Loan Closer?
A straightforward question that requires an honest answer – list experience you have as it pertains to the position you’re applying for. Don’t get caught off guard by this question should you not any actual experience. Plan ahead and have something relatable to share. In doing this, you can actually turn your lack of experience into a showcase for your ability to relate and connect similar skillsets.
Answer Sample:
I believe the core requirement for x is y – and through my volunteer work I gained a ton of experience in how x fundamentally relates to y
Things are changing quickly in our industry. What do you feel are the biggest challenges within the role of Mortgage Loan Closer?
No right or wrong answers here, but certainly an opportunity to demonstrate some foresight. These days, mentioning Artificial Intelligence, software, and related items should do well. However, be prepared to explain why you answered the way you did – and do some research ahead of time.
Answer Sample:
Its hard to know for sure with industry factors such as x and y changing so many things – all I can say is that Im excited for the challenges that come with that
What do you to ensure error free work?
Hey, no one is perfect – but when it comes to accounting & finance, perfection in numbers is expected. No, the company you are applying to isn’t expecting their employees to be flawless. What your interviewer seeks here is a process for quality control.
Answer Sample:
Rain or shine, I always make sure that x is reviewed 3 times over and referenced against y before it goes out the door
Tell me about a time you used graphs, charts, and data to drive home a point?
Numbers don’t lie. Here, it isn’t about you being right or a client being wrong, it’s about finding the facts through data. Most accountants and financial professionals are doing this on a daily basis, but try and illustrate the impact of what you provided.
Answer Sample:
In a recent client meeting, by clearly visualizing some key figures we were able to save them $10s of thousands in tax payable.
Has there ever been a time you were required to deliver critical feedback?
Difficult feedback is difficult for a reason. Your interviewer realizes that everyone makes mistakes, and they’re not looking to hang you out to dry. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. How accountable were the parties involved? Your ability to navigate though difficult situations will place you high on just about any accounting employer’s list.
Answer Sample:
Ive been on both ends of critical feedback, and clear, consice presnetation of facts is paramount, as is accountability
Give me an example of when your attention (or lack of attention) affected the outcome of a project. Why?
Always with the details! As an accountant, this is a serious requirement. Like many non-valid responses, your statement ‘yes I am a detail oriented person’ is not going to cut it.
Answer Sample:
By ensuring that x and y were carefully reviewed, the organization was able to save immensely on z
Which accounting specific software are you familiar with?
You’d be hard pressed to find an accounting firm these days where software isn’t at the cornerstone of how they operate. If your experience lies in a single – or outdated platform, be sure you are familiar with the current standards. Take some time to ensure you are able to to name popular applications, and have a solid idea of their purpose.
Answer Sample:
The bulk of my experience lies with the x platform, but Im fascinated with some of what the y system is capable of
Culture is important to us here. Which style of work enviornment do feel most productive in?
Work culture is huge and for good reason these days. Many studies prove that hiring for culture first and ability second yields far superior results. You’ll want to be careful here, indicating that you are able to thrive in a variety of work enviornments.
Answer Sample:
I succeed when given clear expectations of me and my team, and find a balance of working individually as well as alongside a team is when Im most content
What made you leave your last job – and why are you choosing us?
Tread lightly! This question can be a dealbreaker if answered improperly. Seeking more money or mentioning the ‘terrible management’ at your last job may leave your interviewer with the wrong impression of you. Even if you were let go, keep it short and concise, and avoid drama at all costs.
Answer Sample:
My last position came to an end rather organically, and its now time to seek new opportunities