Mortgage Loan Processor performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Responsible, under limited supervision and in accordance with established policies and loan processing procedures, to process, close, and disburse residential real estate loans. Ensures accuracy and timeliness of all files relative to commitment and closing dates and bank processing and closing goals. Retains and utilizes mortgage operation manual. Assists in training of less experienced Mortgage Loan Processors. Develops and maintains effective working relationship with other departments in the lending division, real estate agents, borrowers, and other related outside contacts. Receives and responds to inquiries from customers and staff in a timely and accurate manner. Adheres to Central Bank's policies and procedures, underwriting requirements, as well as state and federal regulations.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The essential functions include, but are not limited to the following:
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0 Mortgage Loan Processor jobs found in Sioux Falls, SD area