Loan Processor: Main Duties and Responsibilities (00:21)

FREE PREVIEW

Beckey Starcher is a mortgage loan processor. She begins each day by ordering title searches and new appraisals.

Loan Processor: Career Beginnings (01:06)

Starcher began as a teller who eventually moved up to the mortgage department.

Loan Processor: Keys for Success (01:16)

Self-motivation and knowledge of real estate regulations and banking guidelines are vital to success in this industry.

Loan Processor: Education and Certification Requirements (00:25)

No college degree is required of this position but mandatory classes are given.

Loan Processor: Workplace Atmosphere (01:10)

Starcher can work from home and between branches. Time sensitive loans can cause overtime work.

Loan Processor: Advice for Aspiring Pros (02:10)

Future employees will shadow a processor to learn different loan procedures. Loan processors learn each step involved in mortgage loans.

Loan Processor: A Day on the Job (01:15)

Starcher spends her day overviewing files, sending emails, checking new files, and ordering appraisals.

Loan Processor: Industry Goals and Services (00:53)

Closing a loan within 30 days is a main concern. Spreadsheets are given to analyze rates of loan closure.

Loan Processor: Industry Challenges (01:16)

Rates from bigger banks pose challenges for small community banks. The current economy makes it more difficult verify the employment of pipeliners.

Loan Processor: Looking at the Future (01:11)

Technology and quick end loans pose future challenges for loan processors.