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Description
Position Summary
Responsible for accurately managing mortgage loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current mortgage regulations and policies.
Mortgage Loan Processor Essential Responsibilities
Requirements
Knowledge, Skills and Abilities
Experience and Training
Full Time
$36k-46k (estimate)
03/09/2024
05/08/2024
ruoff.com
TERRE HAUTE, IN
500 - 1,000
1984
ANGIE HORSTMAN
$50M - $200M
At Ruoff, it is our mission to consistently provide a best-in-class residential mortgage experience for our customers and an enriching and fulfilling culture for our more than 900 employees through transparency, respect, and the highest ethical standards. NMLS: 141868
The following is the career advancement route for Mortgage Loan Processor positions, which can be used as a reference in future career path planning. As a Mortgage Loan Processor, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Processor. You can explore the career advancement for a Mortgage Loan Processor below and select your interested title to get hiring information.
If you are interested in becoming a Mortgage Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Mortgage Loan Processor job description and responsibilities
Loan processors must communicate regularly with loan officers and lenders to complete the loan process.
01/24/2022: Jacksonville, FL
Manages an active pipeline of loans (average of 15-20 loans monthly) and maintains timely and compliant flow of such loans through the process.
03/09/2022: Sarasota, FL
The Loan processor also helps to ensure that the loan approval stays within lending guidelines.
02/19/2022: San Bernardino, CA
Loan processors should be able to make right decisions at the right time.
03/30/2022: Springfield, MO
Responsible for providing clerical support for all mortgage loan processing activities.
04/03/2022: Worcester, MA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Mortgage Loan Processor jobs
Communicate with lenders regarding required loan documentation for complete file documentation.
01/24/2022: Rock Island, IL
Must have at least one year of loan processing experience.
03/14/2022: Saginaw, MI
Proficient knowledge of lending processes, loan principles, loan systems.
03/10/2022: San Bernardino, CA
Advanced knowledge of mortgage lending, processing, credit analysis, mortgage laws and regulations.
03/28/2022: Reno, NV
A comprehensive certification training program for new & existing loan processors.
02/20/2022: Rock Island, IL
Step 3: View the best colleges and universities for Mortgage Loan Processor.