Occupation
Loan Processor
A Loan Processor prepares and verifies mortgage or loan applications for underwriting review, using loan origination software like Encompass to manage documentation and track file status. They perform document verification, ensure compliance with regulations such as TRID and RESPA, and communicate with borrowers to collect outstanding paperwork. This detail-oriented role works closely with loan officers and underwriters at banks, credit unions, or mortgage companies.
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