Mortgage Loan Processor Job Description

Mortgage Loan Processor Job Description (JD)

  • Perform a general evaluation of an application (financial documents, mortgage type etc.)
  • Help client choose the most appropriate mortgage
  • Gather all important data from client (assets, debts etc.)
  • Verify information and references by contacting the right sources
  • Correct mistakes and investigate inconsistencies
  • Submit completed loan files for appraisal
  • Act as point of contact between loan officers, underwriters and clients
  • Conduct a final review of the file before closing

Requirements

  • Proven experience as mortgage loan processor or similar position
  • Understanding of loan underwriting and processing procedures
  • Knowledge of legislation and best practices
  • Proficient in mortgage loan computer software (e.g. Calyx Point)
  • Outstanding communication and customer service skills
  • Excellent attention to detail
  • Well-organized and able to handle pressure
  • Math skills
  • High school diploma; bachelor’s will be preferred