Mortgage Loan Processor Duties & Responsibilities

The role and function of a Mortgage Loan Processor includes the following duties and responsibilities:

Gather information
Evaluate applications
Communicate with clients and help them choose the most appropriate mortgage
Regularly review file documentation
Make sure all items needed are requested
Build long-term relationships with key stakeholders such as clients, loan officers and underwriters
Search for and collect important data from clients such as their assets, salaries, debts...
Correct mistakes
Research and correct inconsistencies

Note that this is not an exhaustive list of Mortgage Loan Processor duties and responsibilities. Job functions for specific Mortgage Loan Processor roles may vary, depending on the industry and type of employer.

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