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TITLE(s): MORTGAGE CLERK (financial) 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 such as 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, such as 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 call or write loan applicants to obtain information for bank official. May be designated according to type of work assigned as Escrow Clerk (financial); Foreclosure Clerk (financial); Insurance Clerk (financial); Tax Clerk (financial). GOE: 07.01.04 STRENGTH: S GED: R3 M3 L3 SVP: 5 DLU: 88 ONET CROSSWALK: 53121 Loan and Credit Clerks |
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CODE: 249.362-014 Buy the DOT: Download
TITLE(s):
MORTGAGE CLERK (financial)
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 such as 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, such as 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 call or write loan applicants to obtain information for bank
official. May be designated according to type of work assigned as Escrow Clerk (financial);
Foreclosure Clerk (financial); Insurance Clerk (financial); Tax Clerk (financial).
GOE: 07.01.04 STRENGTH: S GED: R3 M3 L3 SVP: 5 DLU: 88
ONET CROSSWALK: 53121 Loan and Credit Clerks
© 1995 - 2015 Photius Coutsoukis and Information Technology Associates (All Rights Reserved). Revised 26-May-03