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)
Responsibilities:
- Review loan applications and ensure all required documents are included
- Verify applicant information and documentation for accuracy and completeness
- Setting up files for processor; request verifications of employment, mortgage, rent, etc.
- Communicate with borrowers, lenders, and other parties involved in the loan process
- Maintain accurate and up-to-date records of loan transactions
MUST FEEL COMFORTABLE MAKING OUTBOUND SALES CALLS
Experience:
- Previous experience as a loan processor assistant or in a similar role is preferred
- Familiarity with loan processing software and systems
- Strong attention to detail and ability to perform basic math calculations
- Excellent communication skills, both written and verbal
- Ability to work independently and meet deadlines in a fast-paced environment
** Must be bilingual in Spanish**
Job Type: Full-time
Pay: $36,000.00 - $45,000.00 per year
Schedule:
Application Question(s):
Job-related location requirement:
Work Location: In person
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