What are the responsibilities and job description for the Mortgage Loan Processor - Entry Level position at Latitude Inc?
$55,000 - 60,000/year
We are seeking a detail-oriented and motivated Entry-Level Mortgage Loan Processor to join our team. In this role, you will support the loan processing function by assisting with the collection, review, and organization of borrower documentation to ensure timely and accurate loan submissions. This is an excellent opportunity for someone looking to start a career in the mortgage or financial services industry.
#LAT
\n- Assist in gathering and reviewing loan application documents, including income, assets, credit, and property information
- Verify accuracy and completeness of loan files in accordance with company and regulatory guidelines
- Communicate with borrowers, loan officers, and third-party vendors to obtain necessary documentation
- Maintain organized and up-to-date loan files in the processing system
- Order and track third-party services such as appraisals, title reports, and verifications
- Identify missing or inconsistent information and follow up as needed
- Ensure compliance with internal policies and federal/state lending regulations
- Provide status updates to loan officers and team members
- Support processors and underwriters with administrative tasks as needed
- High school diploma or equivalent required; associate or bachelor’s degree preferred
- Strong attention to detail and organizational skills
- Excellent verbal and written communication skills
- Basic proficiency in Microsoft Office (Word, Excel, Outlook)
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment
- Willingness to learn mortgage industry guidelines and systems
$55,000 - $60,000 a year
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Salary : $55,000 - $60,000