The Process

MTG Processor is responsible for collecting loan information from parties that may include the loan originator, the borrower, and third party service providers. The processor moves that loan information to the individual making the underwriting decision on the entire mortgage transaction. There are many other tasks for which a processor is responsible, but in its simplest form, loan processing is the organization, and movement of loan data. Most good loan processors have the ability to organize loan information, organize their daily duties, and possess excellent communication skills.