| Mortgage Payment Processing Clerk Job Description |
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| The following is a full job description for Mortgage Payment Processing Clerk. Here are the requirements and responsibilities for Mortgage Payment Processing Clerk along with statistics. If after reading this page you determine that Mortgage Payment Processing Clerk is not the position you are looking for, you may want to try one of these similar titles: Electronic Payment Clerk, Claims Clerk II, Claims Clerk III, Claims Clerk I, Claims Clerk IV, Mortgage Underwriter I, Mortgage Underwriter II, Mortgage Underwriter III, Mortgage Operations Associate Director |
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| Requirements and Responsibilities For Mortgage Payment Processing Clerk |
| Processes borrower mortgage payments and related transactions to ensure accurate posting and account reconciliation within the mortgage servicing system. Reviews payment information to verify accuracy and completeness before posting. Verifies payments to principal, interest, escrow, and fees in accordance with loan terms and servicing guidelines. Investigates and resolves payment discrepancies, unapplied funds, and transaction exceptions. Maintains accurate payment records and updates servicing systems to reflect account activity. Supports compliance and audit requirements by ensuring payment processing activities follow regulatory standards and internal controls. Requires a high school diploma. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. |
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| Also referred to as: Mortgage Loan Payment Transactions Clerk, Mortgage Payment Transactions Clerk |
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| Similar Jobs: Electronic Payment Clerk, Claims Clerk II, Claims Clerk III, Claims Clerk I, Claims Clerk IV, Mortgage Underwriter I, Mortgage Underwriter II, Mortgage Underwriter III, Mortgage Operations Associate Director |
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| Level of Education: Mortgage Payment Processing Clerk Salaries with a High School Diploma or Technical Certificate, Mortgage Payment Processing Clerk Salaries with an Associate's Degree, Mortgage Payment Processing Clerk Salaries with a Bachelor's Degree, Mortgage Payment Processing Clerk Salaries with a Master's Degree or MBA, Mortgage Payment Processing Clerk Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services | |
