Mortgage Clerk: A description for the mortgage clerk job

Clerical And Sales Jobs » Miscellaneous Clerical Jobs » Miscellaneous Clerical Jobs Nec » Mortgage Clerk

Mortgage Clerk: Performs any combination of following duties to process payments and maintain records of mortgage loans: Types letters, forms, checks, and other documents used for collecting, disbursing, and recording mortgage principal, interest, and escrow account payments, using computer. Answers customer questions regarding mortgage account and corrects records, using computer. Examines documents for example deeds, assignments, and mortgages, to ensure compliance with escrow instructions, institution policy, and legal requirements. Records disbursement of funds to pay insurance and tax. Types notices to government, specifying changes to loan documents, for example discharge of mortgage. Orders property insurance policies to ensure protection against loss on mortgaged property. Enters data in computer to generate tax and insurance premium payment notices to customers. Reviews printouts of allocations for interest, principal, insurance, or tax payments to locate errors. Corrects errors, using computer. May also call or write loan applicants to obtain information for bank official. May also be designated according to type of work assigned as Escrow Clerk (financial industry), Foreclosure Clerk (financial industry), Insurance Clerk (financial industry), Tax Clerk (financial industry).

Job industry: financial industry

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