Jenn B
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Articles by this Author
How To Become a Mortgage Loan Processor
- By Jenn B
- Published 08/23/2009
- Accounting and Finance
- Unrated
Mortgage Loan Processors put all of the relevant documents together
that are involved processing a mortgage. These individuals can perform
such duties as ordering and processing an appraisal and acquiring
essential documentation. Documentation can include: customer credit
reports, customer applications, title insurance, ordering home
appraisals, calculating customers' monthly income, and payment
documents. The Mortgage loan processor will check this information
against the borrower's information to ensure that there are no
inconsistencies. Based on the confirmed application information, a
mortgage loan processor will recommend whether to approve or deny the
application. If the application is accepted, they will submit the
application for underwriting.
