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Mortgage Loan Processor Mock Interview

Question 28 of 34 for our Mortgage Loan Processor Mock Interview

Mortgage Loan Processor was updated by on March 31st, 2021. Learn more here.

Question 28 of 34

What are the biggest challenges you face in processing?

The kind of challenge you discuss is important to successfully answering this question. Discussing big challenges implies a big-picture perspective. It also gives you a chance to show how you apply complex problem-solving skills. The hiring manager is as interested in what you find challenging as he/she is in how you're able to overcome the challenge, so be sure to elaborate on your problem-solving processes.

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How to Answer: What are the biggest challenges you face in processing?

Advice and answer examples written specifically for a Mortgage Loan Processor job interview.

  • 28. What are the biggest challenges you face in processing?

      How to Answer

      The kind of challenge you discuss is important to successfully answering this question. Discussing big challenges implies a big-picture perspective. It also gives you a chance to show how you apply complex problem-solving skills. The hiring manager is as interested in what you find challenging as he/she is in how you're able to overcome the challenge, so be sure to elaborate on your problem-solving processes.

      Written by Rachelle Enns on March 19th, 2021

      Answer Example

      "Successfully processing loan applications has many components and involves many people. It requires everyone to complete their responsibilities in a timely and accurate fashion to avoid delays and to ensure customers are not frustrated. Project managing this process is always a challenge. Making sure that all the details are attended to, all the information is accurate and timely, and everyone involved has the right information is a constant challenge, but one I enjoy. In my current position, I have developed systems and processes that make sure loans are processed timely and error-free."

      Written by Rachelle Enns on March 19th, 2021

      Anonymous Interview Answers with Professional Feedback

      Anonymous Answer

      "The customer is borrowing a large amount of money that they are going to be paying for many years; they're going to be anxious, scared, and stressed. I need to be able to be transparent and help them through the process."

      Cindy's Feedback

      Good! The human aspect is always the most challenging. How would you ensure transparency? What steps would you take to help ease anxiety?