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mortgage loan processor

A professional who verifies, compiles, and types application information for mortgage loans. Respnsibilities include:

  • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
  • Recommends that loan not meeting standards be denied.
  • Calls or writes credit bureau and employer to verify accuracy of information.
  • Types loan application forms, using computer.
  • Calls specified companies to obtain property abstract, survey, and appraisal.
  • Informs supervisor of discrepancies in title or survey.
  • Submits mortgage loan application file for underwriting approval.
  • Types and mails approval and denial letters to applicants.
  • Submits approved mortgage loan file to mortgage loan closer for settlement.
  • Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using computer.
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Looja

  • Jason F
  • (United States of America)

  •  (V.I.P) 16216 points
  • 100% positive feedback
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