Summary
Overview
Work History
Education
Skills
President Club and President Circle
Timeline
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Basel Mustafa

San Jose,CA

Summary

Dynamic mortgage professional with extensive experience at US Bank Home Mortgage, recognized for generating over a billion dollars in production. Expert in loan origination and client relationship building, consistently exceeding sales goals. Adept at problem-solving and fostering strong partnerships, ensuring exceptional customer satisfaction and streamlined processes.

Experienced with mortgage origination, underwriting, and client advisement. Utilizes comprehensive knowledge of lending regulations and market trends to offer valuable insights. Track record of building strong client relationships and ensuring high satisfaction rates.

Overview

31
31
years of professional experience

Work History

Private Wealth Mortgage Banker

US Bank Home Mortgage
10.2024 - Current
  • Worked with underwriters to fix application problems and resolve issues.
  • Assisted clients in understanding the mortgage process, addressing concerns, and making informed decisions.
  • Developed and implemented marketing strategies to generate new business opportunities and increase referrals.
  • Managed a large pipeline of loans efficiently, prioritizing tasks based on deadlines and client needs.
  • Streamlined application processes for faster approvals, ensuring timely closings on mortgage loans.
  • Managed risk exposure through careful adherence to established guidelines during loan origination process.
  • Continuously monitored market conditions to identify potential changes impacting borrower eligibility or lending policies.
  • Delivered prompt communication with all parties involved in transactions, fostering strong professional relationships.
  • Conducted thorough analyses of applicants'' financial status, credit, and property evaluations to determine loan feasibility.
  • Located and pre-qualified customers for mortgages.
  • Maintained a high level of product knowledge, staying current with industry trends and regulations.
  • Maintained high level of customer satisfaction by providing prompt and accurate loan status updates.
  • Explained different types of loans pertaining to client situations.

Sr. Mortgage Banker

Wells Fargo
07.2024 - 10.2024
  • Managed pipeline efficiently to meet strict deadlines for loan applications, underwriting, and funding.
  • Successfully navigated complex transactions involving multiple layers of financing, including subordinate liens and down payment assistance programs.
  • Mentored junior mortgage bankers, enhancing their knowledge of industry practices and improving team productivity.
  • Actively participated in community outreach events to promote homeownership education programs and establish company presence in local markets.
  • Maintained compliance with federal regulations and company policies throughout all stages of the mortgage process.
  • Educated first-time homebuyers on loan options available to them, guiding them through the entire application process seamlessly.
  • Collaborated with underwriters to expedite loan approvals while adhering to stringent lending guidelines.
  • Conducted comprehensive financial analysis on applicants, ensuring accurate assessment of creditworthiness for loans.

Sr. Mortgage Banker

US Bank Home Mortgage
03.2010 - 09.2023

Provided residential loans to a wide variety of customers .

Named as a top producer and earned spots in the President club and president circle consistently.

Generated over a billion dollars in production .

Self sourced with strong realtors and borrowers referrals

  • Consistently met or exceeded established sales goals by developing a strong referral network with real estate professionals and past clients.
  • Provided exceptional customer service by addressing client inquiries promptly and accurately.
  • Streamlined communication between processing teams and external partners such as appraisers or title companies which resulted in efficient transaction coordination.
  • Communicated with clients, processing teams and other third parties to achieve prompt loan closings.
  • Assisted clients in selecting correct loan product and terms to meet needs and financial goals.
  • Analyzed loan applications and credit reports to determine loan eligibility and risk level.
  • Followed up with clients on missing loan documents, providing guidance on best way to complete application process.
  • Checked loan documents for accuracy prior to closing.
  • Developed extensive network of referral partners to source new mortgage loan opportunities.
  • Participated in industry events and conferences to build relationships and gain market intelligence.
  • Evaluated loan requests and documents to verify accuracy and completeness.
  • Monitored pipelines to track and log status of loans.
  • Analyzed potential risks and evaluated loan products to identify suitable options for customers.
  • Maintained high level of customer satisfaction by providing prompt and accurate loan status updates.
  • Mentored junior mortgage bankers, enhancing their knowledge of industry practices and improving team productivity.

Broker /Owner

Homeland Financial Services
10.2001 - 12.2008
  • Developed strong relationships with clients, earning their trust and loyalty through consistent communication and portfolio updates.
  • Provided exceptional customer service, addressing any concerns or questions from clients promptly and professionally.
  • Negotiated favorable terms for clients during transactions, maximizing their profits in both buying and selling scenarios.
  • Answered inquiries and provided information to sales representatives, distributed appropriate paperwork, and fulfilled quote requests to deliver excellent customer support.
  • Managed 60+ loan officers.
  • 50+ million in production monthly .

Area Sales Manager

Ameriquest Mortgage Company
02.1994 - 08.2001
  • Established strong relationships with key clients, resulting in increased customer retention and satisfaction.
  • Enhanced team performance by providing ongoing coaching, training, and mentoring to sales representatives.
  • Reported sales activity, generated sales quotations, and proposals and maintained customer contact database to achieve sales objectives and quota.
  • Managed a successful sales team, consistently achieving and exceeding monthly sales targets.
  • Fostered a positive work environment within the sales team by encouraging open communication, teamwork, and mutual support among team members.
  • Built lasting relationships with clients through outstanding customer service interactions.
  • Collaborated with marketing department to develop targeted promotional campaigns that drove sales growth.
  • Prepared sales presentations for clients showing success and credibility of products.
  • Achieved consistent annual revenue growth by continuously monitoring performance metrics and adjusting strategies accordingly.
  • Helped team stay productive and focused on higher-value tasks to improve sales efficiency.
  • Accompanied sales reps in field for ride-alongs to teach, observe and work one-on-one.
  • Built a high-performance sales team through diligent recruitment of top talent, strategic allocation of resources, and effective performance management.
  • Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement.
  • Engaged in product training, demonstrations, consumer awareness, branding, and acquisition initiatives to raise awareness and revenues.
  • Held one-on-one meetings with sales team members to identify selling hurdles and offered insight into best remedy.

Education

Bachelor of Science - Business Administration

Minnesota State University
Moorhead, MN
05-1989

Skills

  • Loan structuring
  • Purchasing processes
  • Reviewing documents
  • Goal planning
  • Loan origination
  • Portfolio management
  • Mortgage lending
  • Refinancing options
  • Loan modification
  • Qualifying customers
  • Originating home loans
  • Borrower interviewing
  • Comparing products
  • Generating referrals
  • Debt-to-income analysis
  • Mortgage plan advising
  • Refinancing expertise
  • Conventional mortgages
  • Underwriting expertise
  • Goal oriented
  • Residential mortgage lending regulations
  • Document analysis
  • Underwriting
  • Credit checks
  • Desktop underwriter expert
  • Credit evaluation
  • Pre-approval process
  • Problem-solving
  • Time management
  • Attention to detail
  • Leadership skills
  • Problem-solving abilities
  • Excellent communication
  • Organizational skills
  • Decision-making
  • Client relationship building
  • Document preparation

President Club and President Circle

 Achieved  recognition in the President Club for outstanding sales performance,surpassing sales targets and contributing significantly to the team revenue growth.

Selected for prestigious President Circle in recognition of exceptional leadership and achieving top-tier sales performance among peers.

Timeline

Private Wealth Mortgage Banker

US Bank Home Mortgage
10.2024 - Current

Sr. Mortgage Banker

Wells Fargo
07.2024 - 10.2024

Sr. Mortgage Banker

US Bank Home Mortgage
03.2010 - 09.2023

Broker /Owner

Homeland Financial Services
10.2001 - 12.2008

Area Sales Manager

Ameriquest Mortgage Company
02.1994 - 08.2001

Bachelor of Science - Business Administration

Minnesota State University
Basel Mustafa