Home > Term: amortization-schedule clerk
amortization-schedule clerk
A professional who keeps records of mortgage loans in mortgage loan establishment, performing any of following clerical duties. Responsibilities include:
- Records data, such as loan number, selling price, and taxes of mortgaged property.
- Computes interest and principal payments on loans, using calculating machines.
- Prepares applications for insurance on property and for extensions on delinquent loans.
- Types or posts by hand, such data as legal description of property, name of mortgager, amount and type of hazard insurance on property, and results of computations that break down monthly payments into principal, interest, taxes, and optional items.
- Prepares copies of documents for filing and mailing.
- May file documents and records.
- Sõnaliik: noun
- Valdkond/domeen: Professional careers
- Category: Occupational titles
- Company: U.S. DOL
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Looja
- Jason F
- 100% positive feedback
(United States of America)