A Loan Processor, or Mortgage Processor, is in charge of gathering the necessary paperwork and documentation required for someone to apply for a loan. Their duties include carefully reviewing mortgage applications to confirm that all essential fields have been filled out, organizing additional application materials and submitting applications on schedule. The Loan Processor has several duties and responsibilities, such as: Gathering information for the loan application Evaluating credit histories for applications Collecting data from clients such as their assets, salaries, debts and employment status to fill in information for the loan application Researching and correcting mistakes in applications for clients Reviewing file documentation for missing or erroneous information Meeting loan application deadlines Assisting Loan Officer with requests and tasks needed to complete and process applications Applicants should have good organizational skills, and be able to meet strict deadlines.