TheMortgageTrainingCenter.com provides CE (continuing education), professional development, and designation study courses for mortgage professionals

Loan Processor Training



Become A Loan Processor

While Loan Officers are responsible for generating loan business and taking the initial loan application, Loan Processors typically do the hard work of double checking the paperwork, correcting any errors, and corresponding with the underwriter to make sure the loan is approved.

Essentially, once a loan is originated by the mortgage broker or loan officer, the corresponding paperwork is sent along to a loan processor. The loan processor is then responsible for prepping and organizing the file and getting it over to the bank or mortgage lender for approval.NMLS SAFE Training

This work includes:
  • Organizes the loan applicationís documentation and makes sure itís in order
  • Reviews the loan package as given by the lender for completeness and accuracy
  • Verifies the borrower's credit history in terms of debts and payments
  • Checks appraisal and property issues requiring further justifications
  • Determines if the application and ensuring requirements and paperwork comply with the lenderís standards
  • Contacts the borrower if information is missing or if additional information or documentation is required
Find Loan Processor Training Courses

To find Loan Processor training courses, either select one of the recommended courses or "Loan Processor" from the "Professional Development" section of the search box below.


Recommended Books/CDs/Other Training Resources Recommended Course(s)


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Feature Items
NMLS / Safe Licensing
NMLS / Safe Licensing
Dealing with Appraisals: Compliance with New Standards
Dealing with Appraisals: Compliance with New Standards
Introduction to Consumer Lending
Introduction to Consumer Lending
Lending 101
Lending 101
Understanding Commercial Loan Documents
Understanding Commercial Loan Documents
Marketing & Advertising Compliance
Marketing &Advertising Compliance
TRID Explained - "New Rules Defined" (On-Demand)
Best-Ever Compliance Checklists for Consumer Loans
Best-Ever Compliance Checklists for Consumer Loans
Tax Return Analysis Workshop For Mortgage Professionals
Tax Return Analysis Workshop For Mortgage Professionals
Loan Processing 101: The Basics
Loan Processing 101: The Basics
FHA/VA Processing - For Processors
FHA/VA Processing - For Processors
FHA Direct Endorsement - DE Underwriting
FHA Direct Endorsement - DE Underwriting
Mortgage Underwriter 101 - The Essentials
Mortgage Underwriter 101 - The Essentials
Regulation Z: Truth in Lending (TILA)
Regulation Z: Truth in Lending (TILA)
Calculating Income, LTV, & DTI Workshop  (On-Demand)
Calculating Income, LTV, &DTI Workshop (On-Demand)
Loan Officer Boot Camp
Loan Officer Boot Camp

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