Can someone provide a detailed job description for a mortgage loan processor?
471167
Check out salary.com. They have entry level midpoint at $30k or so.\n\nMortgage Loan Processor I\nObtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Requires a high school diploma or its equivalent and 0-2 years of related experience. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Typically reports to a supervisor.
385274
If you have to ask this on Yahoo, it is going to be rough.  Do you have millions in assets?  Certified CPA Financials for several years?  Did you check with your state banking governing body?  I know what it takes to be a mortgage banker... got to have lots going on.
174037
Call or go to SOX (Sign on the X .com) and ask for Heidi Tweedt. They have a national signing service that yo can be a part of. They contact you if you're in the zip code for a particular client who needs o be signed for a mortgage loan. You can get a significant amount of extra business from it!
1081087
You should check out Brian Sacks' Website at:\nhttp://www.loanofficersuccess.com
1045876
YES! ANd you should give me a call at work! Email me and I will give you the phone #. I am a Loan Officer with Ace Mortgage Funding...   (ACEREFI.COM)\n\nHope that helps!!!!   \n\n\nHartlannon@yahoo.com
306887
call the banking institute that holds the loan and tell them what you need they will send it to you
420135
My company hires nationwide...full or part time with no experience.  Interested?  mortgage.career@yahoo.com
923821
If you compare the jobs with actual construction jobs:\n\nCIO - Customer; defines what he wants\nSystems Analyst - Architect\nProgrammer - Builds the house; frames, electrical, plumbing\nDBA - Painter, landscape, appliances.\n\nAlthough the Programmer and DBA really have very similar jobs and have to work together. The DBA builds the database to be efficient; tables, relationships, etc. The Programmer writes the code that reads the data, presents it to the customer, writes it back to the database.\n\nSo of the two, probably the Programmer leads by a little with the DBA just behind.
608115
I belong to a company thatwrites loans in 47 states. I am an indepemdent loan officer. You can view my site at \nhttp://www.nlcofhollywood.com/jgottschall\n\nIt sounds as though this may be what yur looking for.\n\nGood Luck
151967
at a bank or mortgage lender
922737
Don't take the job!  I used to recruit these type of people for another large mortgage company and the turn over is horrible.  They will try to paint a picture that you are going to make a ton of money and it is easy, but it isn't.  There might be 1 or 2 warm leads but the rest will be making cold calls (telemarketing).    May be 1 in 100 will make over a $100K.  Plus you will be very luck if you last 6 months, plus it is a bad time to get into the mortgage industry, things are very slow right now.  \nIf they are charging a lot of fees - means they are going to prey on people that have bad credit and in a bad situation.  They promise that they can fix their situations, but you will actually make it worst in the long run.  It will make it hard to sleep if you have a conscious.\n\nGood luck!
125288
Try monsterboard.com, they give job descriptions, perhaps that will help.
1112248
This Job requires a lot of patience and ofcouse some money at backhand at the times when you don't get your loans closed as you are in the position right now.\nThere are two ways you can do now.\n1) Keep pushing towards your goal, of course this is good and hard working too but it has a disadvantage i.e., you will get demotivated if you didn't get a loan closed for a long time.\n2) This is best way which almost every one in this business use in the begining is buy leads, you can buy leads and start closing your loans.\nLeads are generally avaliable in the market but they are not virgin so don't buy before you reasearch. Its always good to buy leads from telemarketer because they provide you lead the same day they call the customer and in this way you can reach the customer before anyone else do that.\nI am a telemarketer and generate leads from different companies and loan officer as per there criterias and requirements. I can get you leads of customer who are paying interest rate at 8% and want to refinance. Write me at refinance@inbox.com
757451
at a mortgage company they often have different offices and the person that runs the office is the branch manager. they generally help with all questions and deal with complaints.
995832
HMMM, In a bank,you might say the "credit department" actually gets the files ready for when the "state folks" come down to look at collateral on loans.This position also gives you a true picture of what a loan officer needs to make a "good loan".
565905
If you're a mortgage loan officer looking for lenders your best bet is the Scotsman Guide.  They a great search engine on their site, www.scotsmanguide.com
966780
Only through experience.  I am a mortgage professional too, with another company.  I'm still pretty new at it;  a lot of it is plain dumb luck.  The other half is getting the borrower to qualify under all the terms of the loan (income, credit, appraisal, w-2, DTI, etc).  It is extremely hard sometimes, and you get a lot of "fallout".   And, it depends on your compensation as well.  But as far as terminology and correspondent lenders, qualifying and amortization, those "complicated" things get easier over time.