Mortgage Loan Officer

The
Mortgage Loan Processor
is responsible for manually calculating income by reviewing documentation like W2s, 1099s, and tax returns, entering data into Excel, and determining borrowers' Debt-to-Income (DTI) ratios. This is a fast-paced job where online leads trigger your work, which should be completed promptly, with team members checking each other's work.

Job Descriptio

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• Analyze various financial documents, including W2s, 1099s, and tax returns, to extract accurate income data

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• Ensure the documentation provided by borrowers is complete and compliant with lending guidelines

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• Develop and maintain Excel models to calculate borrower income based on the provided documentation

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• Use these models to determine the final Debt-to-Income (DTI) ratio for each borrower

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• Accurately calculate the borrower's Debt-to-Income (DTI) ratio by considering all relevant income and debt information

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• Ensure complia...