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Mortgage Loan Processor Job Description

Mortgage Loan Processor Job Description

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Mortgage Loan Processor Job Description

We are searching for an effective Mortgage Loan Processor to handle contract credit documents and assist customers with submitting total applications. You will accumulate all essential documentation and spot errors to guarantee endorsement for the home loan. Assuming you need to prevail as a home loan credit processor, you ought to be profoundly conscientious. Client support and relational abilities are key since you'll be the paste that ties generally invested individuals, from customers to financiers. Contract advance processors ought to likewise have an inclination in math and fantastic time usage abilities.

Mortgage Loan Processor Job Responsibilities

  • Meet planned advance candidates and help them in tracking down the best credit items for their requirements
  • Work with the borrower to accumulate monetary data, for example, credit reports, confirm the exactness to decide reliability, and complete the home loan advance application
  • Request property and credit documentation like examinations, investigations, title look, site overviews, agreements, and local charge records to assist process with selling advance documents
  • Get ready and submit point by point advance bundles to the loan specialist guaranteeing division for endorsement or refusal
  • Go about as a contact between candidates, contract specialists and credit officials, realtors, and home loan loaning guarantors to assist with promoting advance endorsement
  • Guarantee advance documents meet loaning and administrative rules and strategies
  • Keep up with nitty gritty documentation of the cycle in our framework - from start to close.

Mortgage Loan Processor Job Requirements

  • Secondary school certificate or GED required - Associate's certificate in bookkeeping, money, or business liked
  • Least of 2+ years credit handling experience required
  • Experience in contract loaning and information on credit types, like FHA, FHLB, FNMA, or VA advances required
  • Should have great composed and verbal relational abilities
  • Solid logical and time usage abilities and better consideration than detail