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Home Loan Counsellor

Overview, Education, Careers Types, Skills, Career Path, Resources

Home Loan Counsellors guide clients through the home loan process, offering financial advice and helping them secure the best mortgage options. They need strong communication and analytical skills.

Average Salary

₹4,00,000

Growth

medium

Satisfaction

medium

Home/Careers/finance and banking/home loan counsellor
Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

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    Financial Analysis
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    Credit Assessment
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    Mortgage Underwriting
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    Sales and Negotiation
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    Customer Service
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    Knowledge of Home Loan Products
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    Regulatory Compliance
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    Communication Skills
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    Problem-Solving
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    Attention to Detail
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    Technology Proficiency
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

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    Communication Skills
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    Interpersonal Skills
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    Problem-Solving
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    Analytical Skills
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    Time Management
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    Negotiation Skills
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    Empathy
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    Adaptability
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

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    Financial Analysis
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    Knowledge of Home Loan Products
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    Sales and Persuasion
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    Customer Service
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    Knowledge of Legal and Regulatory Framework
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    Documentation and Processing
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    Analytical Skills
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    Communication Skills
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    Computer Skills
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    Problem-Solving Skills
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    Time Management
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    Negotiation Skills
Duties and Responsiblities

Task

95%

Evaluate applicants' financial status and creditworthiness to determine loan eligibility.

92%

Explain different home loan products and guide clients through the application process.

90%

Collect and verify all necessary documentation, including income statements and property details.

88%

Provide financial advice and solutions tailored to the client's needs and circumstances.

85%

Maintain up-to-date knowledge of home loan policies, procedures, and regulatory requirements.

82%

Communicate with real estate agents, appraisers, and other parties involved in the loan process.

80%

Resolve customer inquiries and issues related to home loan applications and approvals.

78%

Prepare and present loan proposals to underwriting departments for approval.

75%

Follow up with clients to ensure timely submission of required documents and information.

72%

Assist clients in understanding loan terms, interest rates, and repayment options.

70%

Participate in training programs to enhance knowledge of home loan products and services.

68%

Adhere to ethical lending practices and compliance standards in all interactions.

Work Activities

95%

Advise clients on suitable home loan options based on their financial needs and eligibility.

92%

Assist clients in completing and submitting accurate home loan applications.

90%

Verify the authenticity and completeness of all required documents for loan processing.

88%

Evaluate clients' financial status, including income, credit history, and assets.

85%

Liaise with banks and financial institutions to negotiate loan terms and secure approvals.

82%

Stay updated on current market trends, interest rates, and home loan products.

80%

Ensure all loan processes comply with legal and regulatory requirements.

78%

Maintain strong relationships with clients, providing ongoing support and guidance.

75%

Address and resolve any issues or discrepancies that arise during the loan process.

72%

Meet or exceed monthly sales targets by effectively promoting home loan products.

70%

Build and maintain a network of contacts within the real estate and finance industries.

68%

Participate in training programs to enhance knowledge of home loan products and processes.

Detailed Work Profile

Interests