How to Become a Mortgage Loan Servicing Clerk

Step 1: Understand the job description and responsibilities of a Mortgage Loan Servicing Clerk

What does a Mortgage Loan Servicing Clerk do?

A Mortgage Loan Servicing Clerk performs administrative tasks to support the mortgage loan servicing group. Reconciles additions and disbursements of escrow accounts, processes payoffs, and reviews documents for accuracy and completeness. Being a Mortgage Loan Servicing Clerk requires a high school diploma or its equivalent. Typically reports to a supervisor. The Mortgage Loan Servicing Clerk gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. To be a Mortgage Loan Servicing Clerk typically requires 1-3 years of related experience.

People's Opinions on Mortgage Loan Servicing Clerk responsibilities

Just remember the interviewer is looking for work related strengths As Mortgage Loan Servicing Clerk.

12/30/2019: Omaha, NE

Can you explain why you changed career paths As Mortgage Loan Servicing Clerk.

01/19/2020: Durham, NC

Don't be thrown off by this question-just take a deep breath and explain to the hiring manager why you've made the career decisions As Mortgage Loan Servicing Clerk you have.

02/05/2020: Albuquerque, NM

Based on our compensation data, the estimated salary potential for Mortgage Loan Servicing Clerk will increase 16 % over 5 years.

01/23/2020: New London, CT

Answers member questions regarding mortgage loans, payments, balances, and insurance requirements.

12/05/2019: Huntsville, AL
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Step 2: Learn best tips to become a Mortgage Loan Servicing Clerk

Best tips for those who want to become a Mortgage Loan Servicing Clerk

Here are some tips to become a Mortgage Loan Servicing Clerk.

Step 3: View best colleges and universities for Mortgage Loan Servicing Clerk

Best colleges and universities for Mortgage Loan Servicing Clerk

  • Florida Southern College
  • Colby College
  • Dartmouth College
  • University of Notre Dame
  • Western Washington University
  • Canisius College

Step 4: Think about whether is it worth to be a Mortgage Loan Servicing Clerk

Is being a Mortgage Loan Servicing Clerk Worth it?

People's Opinions on lifestyles

File all origination paperwork correctly; make necessary returns and forward copies to Loan Servicing for mortgage payment.

01/12/2020: Chattanooga, TN

Proven accounting experience, preferably as an accounts receivable clerk or accounts payable clerk.

12/11/2019: Pocatello, ID

Just remember the interviewer is looking for work related strengths As Mortgage Loan Servicing Clerk.

03/01/2020: Gastonia, NC

Don't be thrown off by this question-just take a deep breath and explain to the hiring manager why you've made the career decisions As Mortgage Loan Servicing Clerk you have.

02/25/2020: Green Bay, WI

Think again about the job specification and the skills needed for this role As Mortgage Loan Servicing Clerk.

12/20/2019: Dothan, AL
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Step 5: Prepare relevant skills for being a Mortgage Loan Servicing Clerk

What skills do you need to be a Mortgage Loan Servicing Clerk?

Supporting level roles often require a broad range of skills to ensure jobs can be executed accurately and efficiently.  Some of the more relevant day-to-day skills for this role include: Mortgage Loans, Mortgage Servicing, Payment Processing, Quality Assurance Process.  In this role, you should command of the following: Loan Software.  Success in this function is highly dependant upon these skills, as well as others specific to each individual company.

People's Opinions on Mortgage Loan Servicing Clerk skills

Think again about the job specification and the skills needed for this role As Mortgage Loan Servicing Clerk.

02/04/2020: Raleigh, NC

Knowledge of mortgage loan servicing procedures and related laws and regulations.

12/01/2019: Columbia, SC

One to two years mortgage servicing experience with a full-service financial institution.

12/26/2019: Peoria, IL

General understanding of mortgage operations and processing.

01/12/2020: Johnstown, PA

On the job training and coaching are provided to facilitate learning, understanding and growth within the mortgage industry.

12/20/2019: Youngstown, OH
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Step 6: View average salary for Mortgage Loan Servicing Clerk

How much does a Mortgage Loan Servicing Clerk make?

The average salary range for a Mortgage Loan Servicing Clerk is from $37,819 to $47,958. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Mortgage Loan Servicing Clerk
$37,819 to $47,958

Step 7: Find relevant Mortgage Loan Servicing Clerk jobs, and apply.

Looking for Mortgage Loan Servicing Clerk jobs?

Here are some Mortgage Loan Servicing Clerk jobs in the United States.

Search Mortgage Loan Servicing Clerk Jobs in the United States

Step 8: Explore Career Path of Mortgage Loan Servicing Clerk