The average salary for a Mortgage Loan Processor with Loan Documents skills in India is ₹264,906.
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₹147k - ₹783k
₹0 - ₹23k
₹167k - ₹783k
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Job Description for Mortgage Loan Processor
Mortgage loan processors are tasked with double-checking all information in a mortgage loan file before submitting it to an underwriter. This includes specifics such as debt-to-income ratios and the employment information of the person applying for the loan. It is very important for mortgage loan processors to ensure that loan files are ready, because once they are submitted to the underwriter, any mistakes missed by the mortgage loan processor can only be fixed with complicated procedures and c…Read more
Mortgage Loan Processor Tasks
- Interview loan applicants, investigate applicants' backgrounds and verify references.
- Review loan documents and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
- Prepare loan request papers and related documents then forward to appraisal department.
Mortgage Loan Processor Job Listings
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Popular Skills for Mortgage Loan Processor
Skills in Mortgage Loans and Residential Loans are correlated to pay that is above average. Skills that pay less than market rate include Loan Processing.
Years of Experience
This data is based on 9 survey responses.