Mortgage Loan Processor Resume: Job Description, Sample & Guide

Are you looking to get your foot in the door as a mortgage loan processor? Our Mortgage Loan Processor Resume Example can help you create a resume that will make a great impression on potential employers. It provides a comprehensive overview of the skills and qualifications necessary to be successful in the role, as well as helpful tips and advice to help you stand out from the competition. Read on to learn how to create a resume that will showcase your talents and get you one step closer to your dream job.

We will cover:

How to write a resume, no matter your industry or job title.
What to put on a resume to stand out.
The top skills employers from every industry want to see.
How to build a resume fast with our professional Resume Builder.
What a resume template is, and why you should use it.

Plus, we will provide expert resume writing tips and professional examples to inspire you.

What does a Mortgage Loan Processor do?

A mortgage loan processor is responsible for preparing, reviewing, and submitting loan applications and supporting documents to a lender for consideration and approval. This includes collecting and verifying information about the borrower, such as their income, assets, and credit history, as well as preparing and submitting the loan application and ensuring that all relevant documentation is included. They must also ensure that the loan application meets the lender's criteria and ensure that all legal documents are accurate and properly executed. Finally, they must also ensure that all closing documents are prepared and filed properly.

We’re about to begin, but first, here are some other Mortgage Loan Processor related resume examples:

What are some responsibilities of a Mortgage Loan Processor?

Collect and review borrower's loan documents
Verify accuracy and completeness of loan application and supporting documents
Submit loan to underwriting for review and approval
Communicate with loan originator, underwriter, and other parties throughout the loan process
Prepare loan packages for closing
Coordinate with closing agent to ensure timely closing of loan
Maintain accurate loan files and ensure compliance with all regulatory and company standards
Provide customer service to borrowers and other parties involved in the loan process

Sample Mortgage Loan Processor Resume for Inspiration

John Smith
123 Any Street, Any Town, USA 99999
Phone: (123) 456-7890 | Email: johnsmith@example.com

Summary
John Smith is an experienced Mortgage Loan Processor who has over 5 years of experience in the banking industry. He is proficient in loan origination, processing, and underwriting. John is committed to providing excellent customer service and finding the best loan options for his clients. He is certified in Mortgage Loan Originator (MLO) and has a strong knowledge of lending regulations and guidelines.

Work Experience

Mortgage Loan Processor, ABC Bank, Any Town, USA – August 2016 – Present
- Process mortgage loans from loan application to closing.
- Review loan documents to ensure accuracy and compliance with bank policies and procedures.
- Develop and maintain relationships with clients to ensure satisfaction.
- Coordinate with loan officers, title companies, and other external parties.
Loan Processor, XYZ Bank, Any Town, USA – June 2015 – August 2016
- Processed loan applications and reviewed loan documents for accuracy and compliance.
- Organized and managed loan files to ensure timely processing.
- Provided customer service to clients.

Education
Bachelor of Science in Business Administration, Any University, Any Town, USA – June 2015

Skills
Loan Processing, Loan Origination, Underwriting, Customer Service, Regulatory Compliance

Certifications
Mortgage Loan Originator (MLO) – November 2016

Languages
English (fluent)

Resume tips for Mortgage Loan Processor

Creating a perfect, career-launching resume is no easy task. Following general writing rules can help, but it is also smart to get advice tailored to your specific job search. When you’re new to the employment world, you need Mortgage Loan Processor resume tips.
We collected the best tips from seasoned Mortgage Loan Processor - Check out their advice to not only make your writing process easier but also increase your chances of creating a resume that piques the interest of prospective employers.

Include a professional summary at the top of your resume that briefly outlines your qualifications and experience.
Highlight your customer service and communication skills, as well as your analytical ability.
Mention any software or technology that you are experienced with, such as loan origination systems.
Include any relevant certifications, such as a Mortgage Loan Processor Certification.
Quantify your accomplishments with numbers whenever possible.

Mortgage Loan Processor Resume Summary Examples

Mortgage loan processor resume summaries and objectives are important because they give potential employers an idea of what kind of experience and skills a candidate brings to the table. They also provide a snapshot of the candidate's career history and qualifications. By providing a concise summary or objective, a mortgage loan processor can quickly demonstrate their value to the employer and demonstrate why they are a good fit for the job.

For Example:

Experienced Mortgage Loan Processor with 5 years of experience in the banking and finance industry. Skilled in mortgage loan origination, underwriting, and closing.
Highly organized Mortgage Loan Processor with over 8 years of experience in the banking industry. Proficient in loan origination, underwriting, and closing.
Dedicated Mortgage Loan Processor with 10 years of experience in the banking sector. Highly experienced in loan origination, underwriting, and closing.
Seasoned Mortgage Loan Processor with 12 years of experience in the financial services industry. Adept at loan origination, underwriting, and closing.
Accomplished Mortgage Loan Processor with 15 years of experience in the financial services sector. Skilled in loan origination, underwriting, and closing.

Build a Strong Experience Section for Your Mortgage Loan Processor Resume

Building a strong experience section in a mortgage loan processor resume is important because it showcases your skills, qualifications, and relevant experience. It demonstrates to potential employers that you have the requisite skills and expertise to handle the job. It also demonstrates your dedication to the mortgage loan processing profession and your ability to work effectively and efficiently in a team environment. Furthermore, it serves as a great way to highlight any awards or recognition you've achieved in the mortgage loan processing field, such as highest sales volume or best customer service. Finally, it shows employers that you are a motivated and organized individual who is capable of handling the complex tasks associated with the job.

For Example:

Processed over 500 mortgage loan applications in a fast-paced, high volume environment.
Performed detailed audits of all loan documentation to ensure compliance with state and federal regulations.
Provided exceptional customer service to loan applicants throughout the loan process.
Reviewed credit reports, appraisals, title reports and other related documents to ensure that all information provided is accurate and compliant.
Reviewed loan conditions, loan disclosures, and loan closing documents to ensure accuracy.
Verified income, employment and other loan related documents to ensure accuracy.
Maintained a high level of communication with loan officers, underwriters, and other loan professionals.
Researched and resolved discrepancies with loan applications and underwriting conditions.
Analyzed loan applications and credit reports to determine eligibility for loan programs.
Provided recommendations to loan officers and underwriters to ensure loan approval.

Mortgage Loan Processor resume education example

Mortgage loan processors typically need at least a high school diploma or GED. They may also need some postsecondary education in business, finance, or a related field. Employers may also require mortgage loan processors to be certified by the National Association of Mortgage Processors. Additionally, they may require experience in the banking industry, customer service, or sales.

Here is an example of an experience listing suitable for a Mortgage Loan Processor resume:

B.S. in Business Administration from University of California, Los Angeles 2016
Certified Mortgage Loan Processor, National Association of Mortgage Processors 2013
Associate’s Degree in Finance from Santa Monica College 2012
Certified Real Estate Appraiser, California Real Estate Appraiser Board 2010

Mortgage Loan Processor Skills for a Resume

Adding skills to a resume can help employers quickly identify whether a candidate has the qualifications they are looking for. Having a well-rounded set of skills that are relevant to a mortgage loan processor position is essential to ensure that a hiring manager has a full understanding of the candidate’s capabilities. Skills such as customer service, loan processing, data entry, problem solving, and communication are all important to highlight on a mortgage loan processor resume. Having examples of how the candidate has used these skills in the past is also helpful for illustrating their experience.

Soft Skills:

Organizational Skills
Time Management
Problem Solving
Data Entry
Interpersonal Skills
Attention to Detail
Communication Skills
Financial Analysis
Customer Service
Documentation Skills

Hard Skills:

Loan Processing
Data Entry
Credit Analysis
Financial Analysis
Underwriting
Regulatory Compliance
Loan Documentation
Risk Assessment
Customer Service
Mortgage Knowledge

Common Mistakes to Avoid When Writing a Mortgage Loan Processor Resume

In this competitive job market, employers receive an average of 180 applications for each open position. To process these resumes, companies often rely on automated applicant tracking systems, which can sift through resumes and eliminate the least qualified applicants. If your resume is among the few that make it past these bots, it must still impress the recruiter or hiring manager. With so many applications coming in, recruiters typically give each resume only 5 seconds of their attention before deciding whether to discard it. Considering this, it's best to avoid including any distracting information on your application that could cause it to be thrown away. To help make sure your resume stands out, review the list below of what you should not include on your job application.

Not including a cover letter. A cover letter is a great way to explain why you are the best candidate for the job and why you want the position.
Using too much jargon. Hiring managers do not want to read a resume full of technical terms that they do not understand.
Omitting important details. Make sure to include your contact information, educational background, job history, and any relevant skills and experiences.
Using a generic template. Take the time to customize your resume to the job you are applying for. This will show the employer that you are serious about the position.
Spelling and grammar errors. Always double-check your resume for typos, spelling mistakes, and grammar errors.
Focusing too much on duties. Make sure to include accomplishments and successes to show the employer that you are a great candidate.
Including personal information. Avoid including any personal information such as age, marital status, or religious beliefs.

Key takeaways for a Mortgage Loan Processor resume

Demonstrate knowledge of various loan programs, underwriting guidelines, and relevant regulations.
Maintain accurate and organized loan files, including documentation, records, and correspondence.
Stay current with industry trends and changes to loan programs to ensure compliance with regulations.
Verify and input data into relevant loan systems and databases.
Communicate professionally with loan officers, underwriters, and customers.
Keep customers informed on the status of their loan applications.
Manage a high volume of loan processing with accuracy and efficiency.
Provide assistance to loan officers in preparing and processing loans.
Meet departmental deadlines and goals.
Strong customer service skills.
Ability to work independently and as part of a team.
Excellent organizational, problem-solving, and time-management skills.

It's time to begin the job search. Make sure you put your best foot forward and land your next postal service job with the help of Resumaker.ai.