Sign-In | Cart The Career Test Store

 

"MORTGAGE LOAN PROCESSOR"
Job Description and Jobs

Job Description:

  • 1) Verifies, compiles, and types application information for mortgage loans: 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.

  • 2) Recommends that loan not meeting standards be denied.

  • 3) Calls or writes credit bureau and employer to verify accuracy of information.

  • 4) Types loan application forms, using computer.

  • 5) Calls specified companies to obtain property abstract, survey, and appraisal.

  • 6) Informs supervisor of discrepancies in title or survey.

  • 7) Submits mortgage loan application file for underwriting approval.

  • 8) Types and mails approval and denial letters to applicants.

  • 9) Submits approved mortgage loan file to MORTGAGE LOAN CLOSER for settlement.

  • 10) Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using computer.

 

 

 


Is being a "MORTGAGE LOAN PROCESSOR" your very best career choice?

Our Career Interest Test will show you which careers match your interests.

Our Free Personality Test will show you which careers match your personality and why.


 

 

Click here for "MORTGAGE LOAN PROCESSOR" Jobs

 




End Of Job Description for: "MORTGAGE LOAN PROCESSOR"
DOT:   249.362-022

Job Number: 6696