Mortgage Loan Processing Project Template
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Ensure a smooth mortgage loan processing journey with our comprehensive template designed to help Mortgage Loan Officers track and manage all necessary deadlines. This template breaks down the entire loan process into manageable tasks, from reviewing loan applications to post-closing activities.
By using this template, Mortgage Loan Officers can stay organized, meet all critical deadlines, and ensure that all documents are completed and submitted on time, leading to a more efficient and effective loan processing experience.
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Mortgage Loan Processing Project in Priority Matrix
Manage and track mortgage loan processing deadlines efficiently to ensure timely completion and submission of documents.
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Proposed Tasks
High Impact, Urgent
-
Review Loan Application - due in 1 day
☐ Review loan application ☐ Check for completeness ☐ Update application status in the system -
Perform Credit Check - due in 3 days
☐ Request credit report ☐ Analyze credit score ☐ Update loan application with credit score -
Underwriting - due in 5 weeks
☐ Submit loan for underwriting ☐ Follow up on underwriting status ☐ Update underwriting status in the system -
Prepare Loan for Closing - due in 8 weeks
☐ Prepare all loan documents for closing ☐ Review all documents for accuracy ☐ Send documents to closing agent
High Impact, Not Urgent
-
Prepare Loan Estimate - due in 1 week
☐ Calculate loan terms ☐ Prepare Loan Estimate document ☐ Send Loan Estimate to the borrower -
Collect Required Documents - due in 2 weeks
☐ Request necessary documents from the borrower ☐ Follow up with borrower ☐ Update document collection status in the system -
Prepare Closing Disclosure - due in 6 weeks
☐ Prepare Closing Disclosure ☐ Send Closing Disclosure to the borrower ☐ Update Closing Disclosure status in the system
Low Impact, Urgent
-
Verify Income and Employment - due in 3 weeks
☐ Verify borrower's income ☐ Verify borrower's employment ☐ Update verification status in the system -
Get Property Appraisal - due in 1 month
☐ Order property appraisal ☐ Review appraisal report ☐ Update appraisal status in the system
Low Impact, Not Urgent
-
Coordinate Closing Date - due in 7 weeks
☐ Coordinate closing date with all parties ☐ Update closing date in the system -
Post-Closing Tasks - due in 9 weeks
☐ Complete all post-closing tasks ☐ Update loan status in the system