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 Description

• Analyze various financial documents, including W2s, 1099s, and tax returns, to extract accurate income data
• Ensure the documentation provided by borrowers is complete and compliant with lending guidelines
• Develop and maintain Excel models to calculate borrower income based on the provided documentation
• Use these models to determine the final Debt-to-Income (DTI) ratio for each borrower
• Accurately calculate the borrower's Debt-to-Income (DTI) ratio by considering all relevant income and debt information
• Ensure compliance with establishe...