Mortgage Loan Processor Job Description

What is the job description of a Mortgage Loan Processor? What are the duties and responsibilities of a Mortgage Loan Processor? What does a Mortgage Loan Processor do?

Job description of a Mortgage Loan Processor

Mortgage Loan Processor is responsible for providing customers updated and periodic information regarding their mortgage loan application.

This Mortgage Loan Processor job description example includes the list of most important Mortgage Loan Processor duties and responsibilities as shown below. It can be modified to fit the specific Mortgage Loan Processor profile you're trying to fill as a recruiter or job seeker.

Mortgage Loan Processor Duties and Responsibilities

Mortgage Loan Processor job description should contain a variety of functions and roles including:

  • Gather information 
  • Evaluate applications 
  • Communicate with clients and help them choose the most appropriate mortgage
  • Regularly review file documentation
  • Make sure all items needed are requested
  • Build long-term relationships with key stakeholders such as clients, loan officers and underwriters
  • Search for and collect important data from clients such as their assets, salaries, debts...
  • Correct mistakes
  • Research and correct inconsistencies

Mortgage Loan Processor Requirements / Skills / Qualifications

Mortgage Loan Processor job description should include these common skills and qualifications:

  • BSc. degree in finance, economics, or a similar relevant field
  • x years of experience as a Mortgage Loan Processor or similar role
  • x years of experience with mortgage loan programs (such as Calyx Point etc.)
  • Excellent organizational skill
  • Time management skills
  • Attention to detail
  • Great communication skills
  • Great sales and negotiation skills

As a hiring manager, recruiting an ideal Mortgage Loan Processor starts with crafting a good job description. Use this Mortgage Loan Processor job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Mortgage Loan Processor may also reference it in preparation for the interview.