What are the roles and responsibilities of a loan processor?
An interviewer asks this question to check your knowledge and awareness. Briefly state the duties of a loan processor. A loan processor has wide range of roles and responsibilities. He compiles and verifies application information for mortgage loans. He is responsible for executing daily operations related to mortgage loan processing, training and managing employees who are under him and reviewing residential and non residential loan applications. In addition a loan processor coordinates underwriting activities, audits loan applications and maintains records and files for processing mortgage loan application. 3. Why do you want to make a career as a loan processor? This question gives you a chance to shine. Your answer will differentiate you from other candidates. You could talk about the wide scope of progress in this field. Just make a complete research of this field in advance. Tell about the range of opportunities which you are expecting from this job. 4. What do you think it takes
