Mortgage Loan Processor

Review the mortgage loan application file and assist with input and updating of information in LOS. Validate the documents received for each file, verifying the accuracy and completeness of each document. Ensure all documentation is complete, accurate, verified and complies with regulatory, agency and company policies and guidelines. Order credit report, appraisal, title, homeowners and flood insurance or other documents and services, as applicable. Proactively communicate file status to Mortgage Loan Officer, and other staff as required to ensure excellent customer service and maintain current and accurate pipeline. Prepare and submit complete file to Underwriting for credit decision in timely manner to ensure closing date is met. Assist with obtaining any necessary closing conditions and coordinating the loan closing. Manage a pipeline of loans to meet company standards for quantity, quality, and best practice guidelines. Accurately calculate income for wage earner and self-employed borrower.

According to JobzMall, the average salary range for a Mortgage Loan Processor in 8585 Fern Ave, Shreveport, LA 71105, USA is $39,000 to $46,000 per year. This range is based on the salaries of similar positions in the area and is reflective of the current job market.

It is important to note that the salary range for a Mortgage Loan Processor can vary widely based on experience, qualifications, and the specific job duties associated with the position. Therefore, it is important to research the current job market and research the specific job requirements for the position in order to determine a more accurate salary range.

BancorpSouth Bank is a bank holding company headquartered in Tupelo, Mississippi with operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. In 2021 BancorpSouth Bank merged with Cadence Bank and NOW is Cadence Bank.