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A mortgage loan processor is the link between a borrower, loan officer and the underwriter in the context of a residential mortgage. And he or she is arguably the most important member of the team.
The National Association of Mortgage Processors says, “The primary function of the Loan Processor is to ensure the timely and accurate packaging of all loans originated by loan officers.” So it’s mostly an administrative role. Continue reading...
A mortgage loan processor is the link between a borrower, loan officer and the underwriter in the context of a residential mortgage. And he or she is arguably the most important member of the team.
The National Association of Mortgage Processors says, “The primary function of the Loan Processor is to ensure the timely and accurate packaging of all loans originated by loan officers.” So it’s mostly an administrative role. Continue reading...