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Mortgage Loan Processor/Closer – Up to 60K

The Symicor Group

This is a Full-time position in Chicago, IL posted July 2, 2020.

Location: Chicago, IL

DESCRIPTION

The Position

Our bank client is seeking to fill a Mortgage Loan Processor/Closer role located in the greater Chicago, IL market. The selected candidate will be responsible for assisting with the timely processing of consumer and residential mortgage loans. The Mortgage Processor’s primary responsibility will be to analyze and submit files to underwriting and closing based on agency, investor, and company guidelines with a focus on efficiency and quality.

This position offers a generous salary of up to $60K and a full benefits package.

Mortgage Processor/Closer responsibilities include:

  • Preparing loan applications, input loan data, and obtaining all supporting documentation prior to submission to underwriting.
  • Providing administrative assistance to the mortgage team, including updating loan data for entry into the financial institution’s computers and assembling documentation for residential portfolio loans.
  • Verifying the accuracy of consumer and mortgage loan documentation including, but not limited to, pay stubs, bank statements, tax returns.
  • Checking documents for proper vesting, legal descriptions, closing dates, and signatures.
  • Submitting loan files to underwriting for initial review.
  • Meeting all loan deadlines and demonstrating a helpful and professional attitude towards our internal and external customers.
  • Performing a variety of clerical duties requiring knowledge of departmental procedures.
  • Answering customer verbal and written inquiries concerning loan processing and information.
  • Confirming that all closing conditions are met prior to releasing funds.
  • Coordinating with client and title company to schedule the closing and ensuring the client agent receives the closing documents in a timely manner.
  • Initiating post-close process by boarding loans into the servicing system.
  • Staying informed of all industry regulations/trends and comply with all regulatory policies.

REQUIREMENTS

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • High school diploma or equivalent; Bachelor’s Degree in Business Administration, Finance, or related field preferred.
  • Two years’ recent experience in mortgage processing.
  • Experience with Freddie Mac and/or Fannie Mae strongly preferred.
  • Banking experience preferred.
  • Excellent communication and people skills.
  • Knowledge of computer software and experience with loan accounting systems.
  • Ability to work under pressure and determine priorities.

BENEFITS

This position offers a generous salary of up to $60K and a full benefits package.