A senior mortgage loan processor receives loan files that originate from loan officers and then processes them to ensure that they meet credit worthiness standards, federal and state regulatory requirements, and company policies. They review all paperwork, gather any further information needed to process the loan, verify information, and shepherd the loan from pre-approval to closing. The job requires persons with good attention to detail, organizational skills, and interpersonal skills.
Senior Mortgage Loan Processor Tasks
Answer questions regarding closing requirements.
Maintain communication with brokers partners and closing/settlement agents with loan status.
Authorize funding upon verification of all documentation.
Order credit reports, appraisals, title insurance, and all other certifications as necessary.