Job Description
The Mortgage Processor plays a key role in supporting the mortgage department by reviewing, verifying, and processing mortgage applications. The role involves liaising with clients, loan officers, and other stakeholders to ensure a smooth and efficient mortgage approval process. The individual is responsible for ensuring all documentation is complete, accurate, and compliant with UAE regulations and lender requirements.
Major Responsibilities -:
- Review and validate mortgage applications, ensuring all required documents are complete and accurate.
- Process and verify financial documents, including income statements, credit reports, and bank statements.
- Liaise with clients to gather necessary documentation and clarify any discrepancies or missing information.
- Coordinate with underwriters, loan officers, and other departments to ensure the mortgage approval process is on track.
- Assess the accuracy of property valuations, insurance policies, and other necessary assessments.
- Ensure compliance with UAE laws and regulations related to mortgage lending.
- Maintain up-to-date knowledge of local market conditions, mortgage products, and industry best practices.
- Prepare and track loan files for approval and disbursement, ensuring deadlines are met.
- Address customer queries and concerns throughout the mortgage process, providing clear and timely updates.
- Maintain a database of client records and ensure all information is securely stored and confidential.
Preferred Candidate
Degree
Bachelor's degree / higher diploma