Mortgage Loan Data

MY CURRENT DUTIES:-

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• * Verifies, compiles, and types application information for mortgage loans: Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.

• * Recommends that loans not meeting standards be denied.

• * Calls or writes credit bureau and employer to verify accuracy of information.

• * Prepares loan application forms, using computer.

• * Calls specified companies to obtain property abstract, survey, and appraisal.

• * Informs supervisor of discrepancies in title or survey.

• * Submits mortgage loan application file for underwriting approval.

• * Types and mails approval and denial letters to applicants.

• * Submits approved mortgage loan file to mortgage loan closer for settlement.

• * Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using computer.

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