Mortgage Loan Processor
6 months ago
**Position: Mortgage Loan Processor (US Market Focus)**
**Location: (Remote Work)**
**Salary: $1000-$1500 USD per month**
Job Overview:
**Duties**:
- Verify borrower information, employment history, credit reports, and financial statements
- Calculate debt-to-income ratios and evaluate borrower's creditworthiness
- Prepare loan files for underwriting and submit complete packages to lenders
- Communicate with borrowers, lenders, and other parties involved in the loan process to obtain necessary documentation and resolve any issues or discrepancies
- Ensure compliance with TILA (Truth in Lending Act), Fair Housing regulations, and other applicable laws and regulations
- Coordinate with loan officers, underwriters, appraisers, and title companies to facilitate a smooth closing process
- Maintain accurate records of all loan transactions and update loan status in the system
- Assist in resolving post-closing issues or inquiries
**Skills**:
- Strong knowledge of mortgage servicing and loan origination processes
- Proficient in basic math calculations and 10-key typing
- Familiarity with credit analysis and contract review
- Understanding of escrow procedures and requirements
- Excellent attention to detail and organizational skills
- Ability to prioritize tasks and meet deadlines in a fast-paced environment
- Effective communication skills, both written and verbal
Pay: ₹50,000.00 - ₹66,700.00 per month
**Experience**:
- Loan processing: 3 years (required)
Work Location: Remote
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