Mortgage Clerk

Perform duties to process payments and maintain records of mortgage loans.
picture of Mortgage Clerk

Quick Stats

Salary Range
$23,000 – $50,000

Data from U.S. Department of Labor

What do Mortgage Clerks do?

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; Foreclosure Clerk; Insurance Clerk; Tax Clerk.

Should I be a Mortgage Clerk?

You should have an associate's degree or higher and share these traits:
  • Team Player: You're able to listen, communicate, and work with tons of different people.
  • Levelheaded: You hold your emotions in check, even in tough situations.
  • Trustworthy: You are known for your personal integrity and honesty.

  • Also known as: Credit Clerk

    How to become a Mortgage Clerk

    Mortgage Clerks often have an Associate's degree. Chart?chd=s:rr9gaa&chl=no+college+%2828%25%29|certificate+%2828%25%29|associate%27s+%2840%25%29|bachelor%27s+%284%25%29||&cht=p3&chs=466x180&chxr=0,28,40
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