Job Brief
The Mortgage Loan Processing Clerk plays a crucial role in facilitating the mortgage loan application process. This position requires a detail-oriented individual with a strong understanding of loan documentation and processing workflows. The ideal candidate will be responsible for interviewing loan applicants, verifying information, preparing loan request papers, and ensuring all necessary documentation is complete for timely loan approvals. Strong communication skills and the ability to work collaboratively with various departments are essential for success in this role.
Responsibilities
- Interview loan applicants to gather necessary information and assess their financial background.
- Verify applicant references and investigate background information to ensure accuracy.
- Prepare and organize loan request documents for submission to the appraisal department.
- Review loan papers for completeness and compliance with industry regulations.
- Coordinate and complete transactions between loan establishment, borrowers, and sellers upon loan approval.
- Maintain accurate records of loan processing activities and applicant communications.
- Collaborate with underwriting and appraisal teams to facilitate timely loan decisions.
- Provide excellent customer service to borrowers, answering inquiries and guiding them through the loan process.
Requirements
- High school diploma or equivalent; additional education in finance or related field preferred.
- Proven experience in mortgage loan processing or similar financial services role.
- Strong knowledge of loan documentation and processing regulations.
- Proficient in mortgage processing software and Microsoft Office Suite.
- Excellent communication and interpersonal skills for effective collaboration.
- Detail-oriented with strong organizational and time management abilities.
- Ability to handle multiple tasks in a fast-paced environment.
- Relevant certifications (e.g., Mortgage Loan Officer License) are a plus.
Similar Job Titles
- Loan Processing Specialist
- Mortgage Loan Officer
- Loan Processor
- Mortgage Processing Assistant
- Loan Application Coordinator
- Residential Loan Processor
- Mortgage Operations Clerk
- Loan Administration Associate
