Bank of America Mortgage Loan Officer Interview Questions | Glassdoor

Bank of America Mortgage Loan Officer Interview Questions

Updated Sep 18, 2017
26 Interview Reviews

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Mortgage Loan Officer Interview

Anonymous Employee in Saint Louis, MO
Accepted Offer
Negative Experience
Easy Interview

Application

I applied online. The process took 2 weeks. I interviewed at Bank of America (Saint Louis, MO).

Interview

Lots of promises, make tons of money, you will have ton of support, real estate agents will want to business with you because of all the bank customers. Technology is great. You just originate and processors will take it from there. Take a good application and get a few up front documents.

Interview Questions

  • He sold you on Bank of America. Basic questions. Hire people experience and like to hire personal bankers from the branches . Like them young, hungry, desperate.   1 Answer

Other Interview Reviews for Bank of America

  1.  

    Mortgage Loan Officer Interview

    Anonymous Interview Candidate in Phoenix, AZ
    No Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. The process took 5 days. I interviewed at Bank of America (Phoenix, AZ) in May 2016.

    Interview

    30 minute phone interview. Set up via e-mail. Recruiter explained role and commission plan. Also explained duties and expectations. I explained my experience and inquired on number of branches assigned as well as how long it take to close loans.

    Interview Questions


  2. Helpful (2)  

    Mortgage Loan Officer Interview

    Anonymous Employee
    Accepted Offer
    Neutral Experience
    Easy Interview

    Application

    I applied in-person. The process took 2 weeks. I interviewed at Bank of America.

    Interview

    Met with manager multiple times and was asked about past performance and experience in industry, then had to send in last my 2 yrs W-2's and sales figures to support it.

    Interview Questions

    • How many loans do you close a month? What's your average loan size?   1 Answer
  3.  

    Mortgage Loan Officer Interview

    Anonymous Interview Candidate in Charlotte, NC
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. The process took a week. I interviewed at Bank of America (Charlotte, NC) in February 2016.

    Interview

    Group Interview to start and then we went for individual interviews with manager. You then rotated and spoke with a different manager. That was the second in person phase. It starts with a phone interview. They tell you about the position and you go over relevant work experience from your resume.

    Interview Questions

    • How would you handle a customer just calling in for a rate. It ended up in a short role play to demonstrate how I would handle the situation   Answer Question

  4. Helpful (4)  

    Mortgage Loan Officer Interview

    Anonymous Interview Candidate in Jacksonville, FL
    Declined Offer
    Negative Experience
    Easy Interview

    Application

    I applied online. The process took 5 weeks. I interviewed at Bank of America (Jacksonville, FL) in January 2016.

    Interview

    It was a joke and I would have expected much more from a company this size. The interview was run by me not the meek timid manager that was supposed to be interviewing me..... But that's just the tip of the iceberg. The manager told me of a base salary figure and then a recruiter called with an offer that was lower. After I told her that I needed to think about it I got a call from another manager who told me he was calling to "finish" the interview. I asked him do you realize I've already been offered the position by the HR recruiter he said yes I just wanted to ask you some other questions so he did and I proceeded to ask about the base pay again. He then told me the recruiter was wrong and that the pay was actually higher he also added that if I had further questions to call him that the recruiter didn't really have Insight into the position. I then told the recruiter I accept the position then she sends me the offer letter again with the lower amount. I asked what was going on with the offer and why I was being offered less than what the manager quoted. She said I talked to him and he states he never told you that. I was able to tell her the hourly rate to the penny he offered and she stated again that it was her offer that mattered and a manager at his level shouldn't have been quoting salary. Needless to say I told them where they could shove their offer since our relationship had begun with lies and deception. Bank of America do yourself a favor and clean house within the management team in Jacksonville FL maybe your customer reviews of how horrible your service is will improve if you get rid of the lying car salesman types you have running the place because if they are lying to new hires how do you think they are treating your customers?

    Interview Questions

    • There were no real questions just the guy saying I think you'll be a "great fit". They are obviously just trying to hire bodies. I asked him more questions than he asked me   Answer Question

    Reasons for Declining

    See my information relating to the interview process but basically I was lied to by the onsite management team about the base pay and I am not interested I working for liars.... If this is how things start how will they be once hired? Do yourself a favor and look elsewhere this company touts the position as a $75k job then tells you for the first four months you'll be working for $14/HR.


  5.  

    Mortgage Loan Officer Interview

    Anonymous Employee in San Jose, CA
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through an employee referral. The process took 1 day. I interviewed at Bank of America (San Jose, CA) in August 2015.

    Interview

    A brief phone interview then an second in person interview with the HLM and MLO that I would be working with directly, they were responsive to all questions and very honest about the challenges for someone people new to the Mortgage Industry like myself.

    Interview Questions

    • Have you worked with customers in a clienteling capacity?
      What do you consider excellent service?
      How do you handle stressful situations?   Answer Question

  6.  

    Mortgage Loan Officer Interview

    Anonymous Employee in Charlotte, NC
    Accepted Offer
    Neutral Experience
    Difficult Interview

    Application

    I applied online. I interviewed at Bank of America (Charlotte, NC) in March 2015.

    Interview

    The interviewer questions were about experience and skills, work history, availability,and the qualifications the company seeking, job offer contingent on a background check and a credit check. e valuated the compensation package

    Interview Questions

    • What was my long term goal   1 Answer
    • Q: What was one thing that they asked you?   1 Answer

  7.  

    Mortgage Loan Officer Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Easy Interview

    Interview

    Straight forward, just need prior experience. Manager are always recruiting and are willing to give you a chance. Mostly done over the phone and not in person. Thats really about all there is to it. Relaxed and be prepared with documentation to prove your production or a 5-year plan

    Interview Questions

    Negotiation

    Non-existenant

  8.  

    Mortgage Loan Officer Interview

    Anonymous Employee in Plano, TX
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through an employee referral. The process took 4 weeks. I interviewed at Bank of America (Plano, TX) in June 2014.

    Interview

    I was interviewed at a mass hiring event held in a hotel ballroom. It was very well organized and the hiring managers were present and were conducting interviews after a screening by HR specialists. The hiring managers had a standardized set of interview questions and were quite thorough and well developed,

    Interview Questions

    • Tell me where you see yourself in 5 years?   1 Answer

  9.  

    Mortgage Loan Officer Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. I interviewed at Bank of America.

    Interview

    I applied online and got a call about a month later. They can be slow.

    Interview Questions

    • All questions were really straight forward, specially if you are in the industry.   Answer Question

    Negotiation

    There was no negotiation. I asked for a certain amount and they declined and said: our maximum is X. I am sure all positions are different though.


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