Loan Processor Cover Letter

I submit this application to express my sincere interest in the loan processor position.

In the previous role, I was responsible for support to MLOs and Mortgage Processors throughout the processing of the construction loan.

My experience is an excellent fit for the list of requirements in this job:

• Eighteen months of FHA/VA/Conventional loan closing
• Current knowledge of loan processing and automated underwriting systems
• Maintain minimum pipeline of 35-45 loans
• Proficient working knowledge of Microsoft Outlook, Word, Power Point and Excel, including V-lookup and pivot table functions
• Flexibility in work hours allowing for extended hours when task volume requires extra effort
• Strong knowledge of mortgage lending processes, procedures, regulations and standards preferred
• Compiling, sorting and verifying the accuracy of data before it is entered
• Comparing data with source documents

I am excited to be applying for the position of loan processor. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for support and servicing to internal and external customers on commercial, installment, mortgage and ODB loans.

My experience is an excellent fit for the list of requirements in this job:

• Validates data and reports to make sure information is correct
• Coordinates and conducts Integrated Testing with the customer to ensure the customer training, procedures, system, and conversion data are correct and ready for actual conversion
• Customizes software to meet individual customer needs - modifies screens and data fields, creates new forms, screens, product sets, tables
• Provides expertise to answer questions and guide the client in the use of the system throughout the project
• Acts as an on-site resource during the live conversion to answers questions, troubleshoots problems, conduct last minute on the job training if necessary, and provide general support
• Reviews the live conversion and obtains client sign-off
• Familiar with FNMA/FHLMC processing
• Experience in/with residential mortgage lending of first mortgages sold on the secondary market in a Processor, Closer/Funder or Post Closer capacity Processing conventional, FHA, VA and/or USDA loans in a Processor, Closer/Funder or Post Closer capacity

I submit this application to express my sincere interest in the loan processor position.

In my previous role, I was responsible for daily support to the overall mortgage process and acts as a liaison between the Mortgage Loan Officer, and the Customer, while providing excellent customer service.

Please consider my experience and qualifications for this position:

• Heavy data entry and follow up work on a daily basis
• Familiar with FNMA processing
• Provides excellent customer service when customers have any question about their loan
• Be able to work with computers and be a quick learner to learn new software as arises
• Be able to work well with others
• Prior loan processing experience preferred
• Able to work alongside Loan Officers and others under pressure while maintaining composure and a positive attitude
• Hands-on experience in Back Office loan operations and banking software implementation

I submit this application to express my sincere interest in the loan processor position.

Previously, I was responsible for exceptional customer service to ensure loans close with CalAtlantic Mortgage.

My experience is an excellent fit for the list of requirements in this job:

• Technically inclined and comfortable working with programmers and others to troubleshoot issues
• Completes product mapping that includes all processing requirements and identifies challenges in converting the customer to systems
• Gathers forms and data files from customer and assesses requirements and customizations for delivery
• Details how every field of loan information will be converted and shares data maps with programmers, clients, and others to ensure successful conversion
• Refines mapping through iterative validation
• Tests customized software against customer specific needs, shares with customer reports and application specific data that reflects how conversion data will be processed
• Examines client's processes, forms and reports, and documents what the software will do and provide afer the conversion is complete
• May develop new procedures with client to ensure software is used appropriately

I submit this application to express my sincere interest in the loan processor position.

In my previous role, I was responsible for support functions for mortgage loan applications in process.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Processing second mortgages and home equity lines of credit in a Processor, Closer/Funder or Post Closer capacity
• Working with and analyze pipeline reports to prioritize pipeline workflow ensuring timely completion of files
• Working with math concepts including fractions, ratios, statistics
• Processing “in-house” first and second mortgage loans HELOC’s in a Processor, Closer/Funder or Post Closer capacity
• Working with underwriters and borrowers for resolution of underwriting issues
• Working with secondary market investors to ensure the timely purchase of loans that are sold
• Demonstrating sound understanding of General Ledger entries and account balancing
• Analyzing mortgage loan credit package (income, assets, credit and collateral)