Loan Processor Job Description Template

Job title

Loan Processor

Job summary

[Company name] is seeking a dependable loan processor to join our team in [city, state]. In this role, you will collect applicant documents, verify income and employment and support our team’s commitment to safety, quality and service.

Responsibilities

• Collect applicant documents
• Verify income and employment
• Order appraisals and title
• Check files for completeness
• Submit to underwriting
• Clear conditions
• Prepare for closing
• Follow company policies, safety procedures and applicable regulations

Required qualifications

• High school diploma or equivalent
• Working knowledge of loan documentation and income calculation
• Organization and follow-through
• [Add role-specific requirements, such as driver’s license or ability to pass a background check, if job-related]

Preferred qualifications

• Certified Mortgage Processor
• NMLS courses
• TRID training
• Experience with encompass

Skills

• Mortgage regulations
• Loan origination systems
• Condition clearing
• Pipeline management
• Communication
• Accuracy

Work environment and schedule

Processors work in bank and mortgage offices, and many work remotely. Full time, with crunch times at month-end closings.

Pay and benefits

$[min]–$[max] per [hour/year], depending on experience. [List benefits: health insurance, paid time off, retirement plan, training and certification support.]

Equal opportunity

[Company name] is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status or any other characteristic protected by law, and we provide reasonable accommodations upon request.