Templates | English
This is the same as a loan processor. Before your loan file is accepted by the underwriter, a loan processor collects and organises your application documents. Once you've submitted a loan application, the mortgage loan processor takes over and plays a critical role in guiding your loan to the closing table. The primary responsibility of a mortgage processor is to verify that all necessary documentation is included in a loan file and that the borrower meets the requirements for the loan programme of choice. All mortgage processors carries out some key main functions, they review your financial documents, seeing that they are legible and all pages of bank statement are present. They request items from your credit report, they help prepare your loan file for closing, they keep everything running on schedule, they work with the underwriter to clear conditions, they order title work and appraisals, and they request written verification of application information

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Templates | English