How to Write a Cover Letter for a Mortgage Consultant

Loan officers meet with clients to discuss their borrowing needs.
Loan officers meet with clients to discuss their borrowing needs. (Image: Jupiterimages/Comstock/Getty Images)

Mortgage consultants, or brokers, are loan officers who assist potential homeowners in finding loans that meet their borrowing needs. According to the Bureau of Labor Statistics, loan officers made a median salary of $54,880 in 2009. Writing a cover letter to apply for a mortgage consultant position requires knowledge of the mortgage industry and an examination of the specific job requirements laid out by the potential employer. The cover letter serves as your introductory statement about who you are and why the company should consider hiring you over someone else.

Research the organization or company to which you plan to apply. Knowing as much about the company as possible is half the battle when submitting a cover letter and resume to just about any company, including those in the mortgage industry. Things to look for include the company's size and market share, its current loan volume, the average earnings and production of its typical consultants and some information regarding its history, if possible.

Write the header to your cover letter. A typical cover letter in most areas of the business world will first have the date about 1 to 1 1/2 inches from the top margin of the paper. The date is usually included along the left margin of the letter. Hit the enter key four times after entering the date in the proper format: September 5, 2011. Provide your contact information along the left margin. This should include your name on one line, followed by your address on the next two and then your phone number and email each on the final two lines.

Write your greeting. If you know the name of the person you are contacting, don't use the generic "to whom it may concern." Instead, use the simple "Dear Mr. Smith" as a formal yet cordial way to greet the reader. "To whom it may concern:" works in instances in which you do not know who the recipient of the letter will be. The greeting is placed on the second line following your header. In other words, hit enter twice after entering your contact information. Double space again after the greeting.

Compose the body of your first paragraph. The first paragraph should state your interest in the job and specifically state which position you are applying for. Include a few comments about the company based on your research. You can indicate your excitement to work for a company because of its market share within the industry. Providing specific reasons why you are applying to that company will gain the attention of the reader.

Provide a list of your qualifications in the second paragraph. The second paragraph is your opportunity to shine, so you should include any sales awards that you have won, specific experience in the mortgage industry, your communication and persuasion skills, your closing ratio and your sales volume in whichever industry you previously worked. If you don't have previous mortgage industry experience, you can highlight your salesmanship and professionalism.

Instruct the reader as to when he should contact you to set up an interview. Instead of requesting a call, assume that you will be receiving one and let the hiring manager know when the best time to contact you will be. Taking a more assertive approach will help gain the attention of the reader and solidify in his mind that you are a strong closer. Conclude and sign the letter with a standard closing like "sincerely."

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