Loan Processor Jobs in Downers Grove, IL

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  • Mortgage Loan Officer

    Nexgoal

    Loan Processor Job 17 miles from Downers Grove

    Our Client's Company Profile: Our client takes pride in their stability and a strong record of home mortgage lending, commercial lending and deposit banking services to their community. They strive to provide responsive, professional service. Position Summary: The Mortgage Loan Officer will use their skills to present and sell beneficial financial solutions to clients in their region. This role offers full benefits, including 401k and pension. Responsibilities: Overcome client's objections and offer advice and solutions on how to better handle mortgages Collect financial data to ensure quality recommendations for loan products Serve as the primary resource for borrowers in seeing out their financial goals Self-source valuable leads for new clientele Qualifications: No NMLS license required A proven ability to self-source (closing 1-2 loans a month since January 2024) Able to remain competitive and coachable in a fast-paced environment Must be able to work in a team and independently Thorough knowledge of current mortgage lending regulations Knowledge of Microsoft Word, Excel, Outlook, and PowerPoint Excellent written and verbal communication skills
    $34k-50k yearly est. 19d ago
  • Loan Officer

    Ai Lending

    Loan Processor Job 17 miles from Downers Grove

    At AI Lending, your success is our success. We provide Loan Officers with the tools, support, and opportunities to excel. Our unique model sets us apart-offering premium leads, exclusive partnerships with top-producing real estate professionals, and a streamlined lending process that enables loans to close in as little as 10 days. We're not just another lender. We give you the competitive edge with: ✅ Leads - Premium leads directly from the real estate teams you support. ✅ Products - Access to six+ correspondent channels, Diamond Status with UWM, and over 200 approved broker relationships. ✅ Marketing - Cutting-edge lead support, major media exposure, and marketing joint ventures. ✅ Competitive Rates - A vast product menu to provide the best solutions for your clients. ✅ Support - Amazing processing support to help you close deals faster than the competition. With rapid expansion planned for 2025, we have opportunities available in your market right now! What You'll Do: • Work closely with high-producing real estate professionals to generate and convert leads. • Guide clients through the loan application process, evaluating financial profiles and risk factors. • Present and explain loan products, ensuring clients understand terms and benefits. • Leverage AI Lending's premium tools, marketing, and support to maximize loan approvals. • Collaborate with underwriters, processors, and stakeholders to ensure smooth and fast closings. • Stay ahead of market trends, lending regulations, and AI-driven financial tools. • Meet and exceed sales targets through relationship-building and strategic outreach. What We're Looking For: • Active NMLS License Required. • Experience in mortgage lending, sales, banking, or financial services preferred. • Strong understanding of loan products, credit principles, and financial analysis. • Excellent communication and customer service skills. • Ability to work independently while leveraging AI Lending's powerful support system. • Proficiency in CRM software and lending platforms is a plus. • Licensed Loan Officer (as required by state and federal regulations). Why AI Lending? • We provide the leads - Work directly with top-producing real estate teams. • Fast closings - Loans can close in as little as 10 days. • Unmatched product selection - Access to 200+ broker relationships and premium lending options. • Marketing & media exposure - Stay ahead with cutting-edge marketing support. • Growth & expansion - Join us as we scale nationwide in 2025. This is more than just a job-it's a career opportunity with a company that invests in your success. If you're ready to take your lending career to the next level, apply today!
    $34k-50k yearly est. 7d ago
  • Senior Closer

    Mack & Associates, Ltd. 4.0company rating

    Loan Processor Job 17 miles from Downers Grove

    A mission-driven nonprofit organization in Chicago is seeking a Senior Closer to facilitate the loan closing process, ensuring accuracy, compliance, and efficiency. Offering a competitive salary of $60,000 - $75,000, this role also includes a comprehensive benefits package with PTO, 401(k), and health insurance. The Senior Closer will play a vital role in coordinating loan closings, maintaining loan documentation, and managing payout files, contributing to the organization's impactful work in the community. Key Responsibilities of the Senior Closer: Coordinate and manage the loan closing process, ensuring all required documentation is complete and accurate. Maintain loan documents and payout files, ensuring proper organization and compliance with policies and regulations. Collaborate with internal and external stakeholders, including lenders, legal teams, and borrowers, to facilitate a smooth closing process. Review loan agreements and construction draw schedules to confirm compliance with financing terms and construction practices. Ensure proper disbursement of loan proceeds in accordance with established guidelines and approval processes. Monitor and update loan closing procedures to enhance efficiency and mitigate risk. Qualifications of the Senior Closer: Bachelor's or Associate's degree required. At least 5 years of experience in commercial loan closing. Knowledge of construction practices and loan disbursement processes. Strong attention to detail with the ability to manage multiple closings and deadlines. Excellent organizational and communication skills to facilitate collaboration with various stakeholders. Proficiency in Microsoft Office Suite, with the ability to manage loan documentation electronically. P-13
    $21k-26k yearly est. 19d ago
  • Consumer Loan Processor

    The Federal Savings Bank

    Loan Processor Job 17 miles from Downers Grove

    Full-time Description The Federal Savings Bank, a leading private bank and national lender, is seeking a Consumer Loan Processor to support the rapidly expanding the Consumer Loan Division in our Chicago, IL headquarters. The Federal Savings Bank Consumer Loan Processor is responsible for end-to-end processing of our secured loan products. They will also be cross-trained on processing unsecured loans. This position is based in our Chicago (Logan Square) corporate headquarters. Qualified candidates must reside a commutable distance at the time of application to be considered. Employee must be able to work onsite 3 days per week. Responsibilities and Duties: Act as a source of contact for clients throughout the granting process of loan Daily utilization of Encompass LOS and automated underwriting systems (DU/LP) Set and maintain proper expectations with all parties on the loan file Analyze credit, income, assets, and collateral documents Analyze package for completeness to ensure loan file meets guidelines prior to submission to underwriting Clear loan conditions and communicate effectively with Sales, Processing, Underwriting, and Closing teams Order, as applicable, title, appraisal, hazard insurance, flood insurance, payoffs, and analyze prior to closing Review and analyze title for all requirements and address any issues, insurance coverage for mortgagee Maintain loan file compliance while managing pipeline of various volume levels Work effectively under specific time constraints and meet end-of-month deadlines Follow policies and procedures & supports the Bank's goals and values Treat people with respect; keep commitments; inspire the trust of others, work ethically and with integrity, and uphold organizational values Requirements Job Requirements: High school diploma required; 4-year college degree preferred 4+ years of processing experience in any type of lending (Mortgage/Home Equity preferred) End-to-end processing experience strongly preferred Able to calculate income, including self-employed Expert knowledge of agency and investor loan guidelines Familiarity with Encompass or other similar loan origination software Proficient with Automated Underwriting (LP & DU) preferred Ability to manage and lead a loan process Great attitude, both to internal team and customers Favorable credit and background required What We Offer: Medical, Dental, and Vision insurance HSA and FSA plan options available Company-paid life insurance Partial matched 401k 7 paid holidays PTO that increases with length of employment Employee Assistance Plan (EAP) for employee and their household Employee recognition on a national scale with incentives Big bank capability, small-bank feel The Federal Savings Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. Salary Description $50,000 - $70,000 base salary + bonus
    $50k-70k yearly 22d ago
  • Commercial Loan Processor - To 70K - Chicago, IL - Job # 2672

    The Symicor Group

    Loan Processor Job 17 miles from Downers Grove

    Our bank client is seeking to fill a Commercial Loan Processor role located in the Chicago, IL area. The position is responsible for the preparation, accuracy, and completeness of commercial loan packages, using the Bank's documentation system and procedures. The candidate will be processing and preparing commercial loan products, as assigned. The opportunity has a generous salary of up to $70K and a full benefits package. (This is not a remote position.) Commercial Loan Processor responsibilities include: Processing commercial loan requests for both new and renewal loans using prescribed procedures and software. Making an initial review of the loan approval (Profile), using information available on the loan processing software system and credit file, obtaining required information for underwriting, and preparing loan closing documents. Preparing all necessary loan documents including Promissory Note, Business Loan Agreement, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklist using information from the loan application, profile, and title policy. Confirming loan approval authority as defined by bank policy; review and obtain an understanding of the loan transaction from the Loan Profile. Determining that initial underwriting documentation is present according to the approval document. Reviewing credit files and determining additional documentation needs to support underwriting requirements, such as entity papers, credit reports, purchase contracts, lien searches, title work, appraisal or evaluation, environmental questionnaire, survey, life insurance, and property liability insurance. Ordering supporting documentation from approved vendors and working with loan officers or customers as needed. Renewal loan processing includes entering the loan into loan software and working with the servicing loan officer to move the approved credit to close. Communicating results of documentation review and any processing issues to the loan officer on a timely basis. Balancing transactions and preparing all general ledger tickets and cashier's checks for disbursement. Preparing wire forms, wire tickets, and authorizing wires for loan proceeds. Processing loan file post-closing, including preparation and delivery of instruction letter and the closing packet to the title company if needed. Assisting with additional loan operation roles, as requested or necessary. 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 required; two (2) year degree or higher preferred. Two or more years of experience in commercial loan document preparation and/or document processing. Understanding of the required documentation for commercial term loans and lines of credit and the associated collateral documentation. Ability to prioritize work on complex loan transactions to meet scheduled loan closing dates. Knowledge of compliance requirements for commercial borrowers. Knowledge of related state and federal lending and compliance laws and regulations, and other Bank lending policies. Highly accurate data entry skills and a strong level of skill working with a variety of PC and internet applications, including LaserPro, Excel, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites. Strong multi-tasking, time management, thoroughness, and accuracy skills required. Solid communication and organizational skills with a focus on teamwork and cooperation. A high level of confidentiality is required. Ability to work under deadlines with frequent interruption. Benefits The opportunity has a generous salary of up to $70K and a full benefits package. (This is not a remote position.)
    $70k yearly 60d+ ago
  • Special Loans Processor

    Servbank

    Loan Processor Job 19 miles from Downers Grove

    The Special Loans Processor is responsible for managing and efficiently processing department duties and tasks over various functions including assumptions, recasts, construction loans, renovation loans, ARM loans, etc. The role requires high attention to detail and prioritization skills, knowledge of loan servicing, ability to manage large volumes, and understanding of compliance and industry regulations. The processor will work closely with internal teams, legal departments, and external clients to ensure efficient servicing and resolution of these loans. About Servbank: Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you're a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank. Duties and Responsibilities Receives, reviews and evaluates requests received regarding Special Loans functions following the necessary procedures Maintains and follows procedures outlined by the investors and/or clients Obtains and reviews information needed to process Subordinations, Easements, Partial Releases, Assumptions, as well as any other requests pertaining to the Special Loans area Processes maintenance in ARM, Balloon, Construction, Renovation and other workstations as required Responds to internal/external clients and/or borrowers regarding Special Loans requests Completes tasks within department and investor guidelines Adapts to change productively Handles other essential tasks as assigned Assist in developing job aides and procedural updates as needed. Ability to effectively communicate verbally and in writing Excellent listening and organizational skills Provide superior customer service and work well with all internal and external customers Client-centered focus Capable of adapting to changing situations as well as the ability to show strong initiative and use good judgement to make sound decisions Ability to work in a fast-paced environment Ability to multi-task and manage time effectively to meet deadlines and manage multiple priorities Ability to problem solve and research issues when needed in an organized and detail orientated manner Perform additional responsibilities as needed Requirements MSP platform Flexibility with scheduling on a day-to-day basis, including extended hours and/or Weekends Experience in 3 or more areas of the following: o Adjustable-Rate Mortgages (ARM Workstation) o Assumptions o Balloon Loans o Boarding and Investor Reporting Discrepancies o Construction Loans o Easements o Eminent Domain o HELOC o Matured Loans o Non-Amortizing o Obligors o Partial Release o Pre-Payment Penalties o Recast o Release of Liability o Renovation Loans (203k) o SCRA Loans o Subordinations o Successors In Interest (SII) Education High School Diploma EEO Statement: We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. Salary Description $54.8k to $64.1k
    $54.8k-64.1k yearly 60d+ ago
  • Loan Processor

    CCM Crosscountry Mortgage

    Loan Processor Job 17 miles from Downers Grove

    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program. Position Overview: The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations. Job Responsibilities: Perform a thorough review and analysis of borrower's credit, employment, income, and assets as required by the loan program before submitting to underwriting. Assemble the complete loan package in proper order for underwriting. Verify all required documentation (pre-underwrite) in the file. Complete the required loan checklist. Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting. Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan. Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures. Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information. Verify that vendor orders are complete, invoices are received and in the applicant's E-file. Manage pipeline by completing and submitting reports within allotted turn-around times. Assist set-up of loans. Document all communication related to the loan application in the conversation log. Train and assist supervision of new Loan Processors and other processing personnel. Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors. Available to work varying hours and overtime if needed. Qualifications and Skills: High School Diploma or equivalent. Minimum of 5 years' residential mortgage processing experience. Experience with Encompass. Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred. Knowledge of DU, LP, Microsoft Office, and Windows. Excellent math and analytical skills. Excellent communication skills. Excellent prioritization and time management skills. This is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. Pay Range: Hourly Rate: 21.00-24.00 Bonus Eligible if applicable The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: ********************************** California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants. CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit ***************************
    $31k-44k yearly est. 10d ago
  • Loan Processor

    Crosscountry Mortgage 4.1company rating

    Loan Processor Job 17 miles from Downers Grove

    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program. Position Overview: The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations. Job Responsibilities: * Perform a thorough review and analysis of borrower's credit, employment, income, and assets as required by the loan program before submitting to underwriting. * Assemble the complete loan package in proper order for underwriting. * Verify all required documentation (pre-underwrite) in the file. * Complete the required loan checklist. * Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting. * Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan. * Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures. * Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information. * Verify that vendor orders are complete, invoices are received and in the applicant's E-file. * Manage pipeline by completing and submitting reports within allotted turn-around times. * Assist set-up of loans. * Document all communication related to the loan application in the conversation log. * Train and assist supervision of new Loan Processors and other processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors. * Available to work varying hours and overtime if needed. Qualifications and Skills: * High School Diploma or equivalent. * Minimum of 5 years' residential mortgage processing experience. * Experience with Encompass. * Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred. * Knowledge of DU, LP, Microsoft Office, and Windows. * Excellent math and analytical skills. * Excellent communication skills. * Excellent prioritization and time management skills. This is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. Pay Range: * Hourly Rate: 21.00-24.00 * Bonus Eligible if applicable The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: ********************************** California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants. CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law ("Protected Characteristics"). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit ***************************
    $36k-44k yearly est. 9d ago
  • Loan Processor

    Fay Group 4.2company rating

    Loan Processor Job 17 miles from Downers Grove

    Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer who sees the customer behind every loan, we understand that our customers aren't loan numbers - they're homeowners. Before founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers. With that insight, we set out to build a different kind of servicing company from the ground up. Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for Loan Processor to join our team! Reporting to the Processing Manager, this position will ensure the timely and accurate packaging of all loans originated, preparing the application for submittal to underwriting, and taking the file from pre-approval to closing. The role is responsible for collecting, verifying, and uploading loan information into the Loan Origination System (LOS). The position will prepare loan files for review and analyze loan documentation for accuracy and completeness. The role partners with loan officers, underwriters, cross-functional teams, and departments to address conditions and resolve discrepancies to meet critical timelines. This position ensures compliance with regulatory requirements, company policies, and investor guidelines to support the successful funding and closing of loans. What you will do for Constructive Loans: Review and verify loan application details for accuracy and completeness ensuring compliance with company policies and regulatory requirements Collect, organize, and analyze supporting documentation including income, asset liability, and credit information Prepare and submit complete loan files to the underwriting team ensuring all necessary conditions and documentation are provided Collaborate with internal and external stakeholders to address and obtain additional information required by underwriting Partner with loan officers and underwriters to address inquiries, and resolve conditions and discrepancies during the loan review process Monitor the status of loans to ensure processing and closing timelines are met Provide status reports on each mortgage indicating the process to the loan officers Establish and maintain accurate records updating files and databases for internal reporting Send and initiate follow-up requests on verifications to employers, banks, and creditors Maintain accurate and organized records of loan files in accordance with company and regulatory standards Adhere to investor guidelines and compliance requirements throughout the loan processing lifecycle Provide timely updates to borrowers and internal stakeholders regarding the progress of loan applications Participate in team projects and initiatives to include streamlining processes Develop domain knowledge of Fay's business to include an understanding of organizational objectives. Develop positive working relationships within the team and across the organization Ensure compliance with Fay's policies, processes, and practices. Successfully complete all department and company-required training Model Fay's Values, Operating Principles, ethical standards, professionalism and code of conduct Demonstrate behaviors that align with Fay's Values and Operating Principles What you will bring to Constructive Loans: High School diploma or GED required 2+ years' experience in loan processing in the mortgage industry 1+ years' experience in customer service Proven experience processing business purpose loans preferred Strong understanding of GFE, TIL, and RESPA rules Prior experience working in a fast-paced, high-volume work environment preferred Solid skills and experience in MS Word, Excel, and Outlook Strong verbal and written communication skills Strong interpersonal skills Strong analytical skills Solid decision-making abilities coupled with sound judgment Strong time management skills Ability to prioritize numerous tasks and manage shifting priorities Client-focused with strong execution skills and results orientation High level of precision with attention to detail and consistency Flexible, open to change, ability to learn new things quickly Ability to work in a collaborative environment and provide guidance for working groups Equity and Inclusion are embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to ********************* E-Verify is a registered trademark of the U.S. Department of Homeland Security.
    $31k-39k yearly est. 56d ago
  • Loan Servicing Specialist III

    Jpmorganchase 4.8company rating

    Loan Processor Job 17 miles from Downers Grove

    Elevate your career with us as a Loan Servicing Specialist III, where your skills will contribute to managing over $500 billion in loans. Join a team that values growth, collaboration, and excellence in servicing diverse market segments. As a Loan Servicing Specialist III within the Wholesale Lending Services team, you will play a crucial role in processing complex loan transactions. Your work ensures the integrity of our loan systems and supports our commitment to exceptional customer service. Join us in a collaborative environment where your contributions matter. Located in Chicago, our Loan Servicing Center is at the heart of JPMorgan Chase's Wholesale Lending Services. With a team of 1,300 employees, we handle loan servicing for Business Banking, Global Wealth Management, Investment Banking, and Commercial Banking. Be part of a team that thrives on innovation and excellence. Job Responsibilities: Process complex loan transactions in a fast-paced environment Create PDF batch work for quality control and document repositories Enter customer and loan details into the loan system Process payments, rate resets, and maintenance transactions Identify and correct inaccurate or incomplete transaction information Minimize credit and business risk through compliance awareness Participate in projects and working groups as required Review and complete escalated requests Maintain proactive communication with business partners Meet or exceed established Service Level Agreements Required Qualifications, Capabilities, and Skills: Bachelor's degree in Accounting, Business, or Finance Three years of loan operations or quality control experience in banking Proficient in Microsoft Office applications Knowledge of ACBS and/or Loan IQ Understanding of US Dollar and Foreign Currency Loans Strong organizational and time management skills Excellent interpersonal and communication skills Preferred Qualifications, Capabilities, and Skills: Ability to adapt to internal tracking and monitoring systems Working knowledge of legal/credit documents Ability to interpret standard reports and forms Demonstrate attention to detail and accuracy Ability to maintain high performance in stressful situations
    $84k-189k yearly est. 10d ago
  • Commercial Loan Servicer

    Greenstate Credit Union 3.9company rating

    Loan Processor Job 7 miles from Downers Grove

    Responsible for servicing all commercial loans. GREENSTATE CULTURE: At GreenState, we exist to create lasting value for those we serve. We do this by putting immense value into our employees, members and communities. We empower our employees to create endless opportunities, which will then impact the lives of our members and enhance the vitality of our communities. Pay range for this hourly position is $26.38 - $30.85/hr with a progressive benefits package. Essential Duties and Responsibilities Performs essential duties and responsibilities in the following areas which may include, but are not limited to those listed and are subject to change. 1. Adheres to the Credit Union's core values and Service Standards in carrying out GreenState's mission and vision. 2. Demonstrates a positive member service (internal and external) focus at all times. 3. Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities. 4. Plays a vital role in enriching the community by participating in community service organizations and/or Credit Union sponsored events on an annual basis. 5. Ensures confidentiality of member information. 6. Assists in all wire postings and back end file maintenance. 7. Adheres to all state, federal and credit union regulations, policies and guidelines. 8. Develops relationships in the real estate community. 9. Answers the Commercial Servicing direct phone line and email. 10. Assists in year-end completion and mailing of 1098/1099 statements. 11. Coordinates tracking and payment of escrowed insurance coverage. Follows-up on any lapsed or incomplete coverage obtaining current copy of coverage in place. 12. Coordinates tracking and payment of escrowed property taxes twice a year. 13. Assists with the selection, installation (conversions) and maintenance of software products/vendors. 14. Manages monthly mailings to vendors to collect any missing lien waivers and documents accordingly to avoid liens and obtain final title policy 15. Runs the periodic statement file and sending to the statement vendor for production. 16. Coordinates setup and GL posting of all loans. 17. Participates in developing procedures for commercial servicing operations, which include the ongoing support, payoff, tax, insurance and servicing functions. 18. Stays abreast of changes in servicing software, regulations, policies and industry practices to ensure continued compliance. 19. Runs daily and monthly reports as needed. 20. Monitors and adjusts variable rate loan rates, payments, etc., as needed. 21. Assists with processing and maintaining participations accordingly, including coordinating funding/buy backs with participants, monthly transactions, record keeping and reporting. 22. Oversees all escrow accounts including all correspondence with members in regards to their escrows and runs a yearly escrow analysis. 23. Posts commercial payments daily. 24. Researches and corrects payments on loan accounts due to errors in payment application or improper interest rates; backs off payment and makes necessary adjustments; transfers loans to proper account number or note number if error is discovered. Includes any other necessary file maintenance as a result. 25. Prepares releases for mortgages and assignment of rents and coordinates follow up on Mortgage Satisfactions to ensure releases are done in a timely manner. 26. Assists with Participation Loan Sales including file retrieval for review as well as document export, balance updates, and monthly principal and interest reports. Job Requirements/Expectations 1. High school diploma or equivalent (i.e. GED.) with six months to one year previous related work experience or post-secondary degree in Business, Mathematical Science, or other related field. 2. Reports to work punctually, works all scheduled hours, and works overtime as necessitated by business demand. 3. Interpersonal skills to represent the Credit Union in a positive way during member contact. 4. Ability to provide quality service to members by phone or in person. 5. Ability to develop and maintain effective working relationships with co-workers. 6. Ability to prioritize assignments and organize work efficiently, to handle large volumes of details. 7. Ability to operate related computer applications, an on-line terminal and other standard office equipment such as a calculator and typewriter. 8. Accuracy and attention to detail required. 9. Lending policies and Real Estate knowledge preferred. 10. Escrow experience desired. 11. Must be bondable. Reporting Relationship This position reports to the AVP/Commercial Operations. Supervisory Responsibilities This position is not responsible for the supervision of other employees. Equal Opportunity Employment Statement GreenState Credit Union is an EEO/AA Employer. M/F/Veteran/Disability. We strongly encourage minorities, veterans, and individuals with disabilities to apply for openings with the credit union. #LI #ID
    $26.4-30.9 hourly 25d ago
  • Senior Loan Processor

    U.S. Mortgage Funding 4.3company rating

    Loan Processor Job 7 miles from Downers Grove

    About us: U.S. Mortgage Funding has experienced explosive growth since its inception in 2018 as a leading Direct Mortgage Lender. Currently, we have offices located in Naperville, IL and Elgin, IL. Our team is incredibly innovative with a relentless pursuit for efficiency and improvement in all levels of the organization. U.S. Mortgage Funding was founded with a mission to develop a seamless, transparent and highly efficient residential mortgage and home ownership experience with industry leading technology and 40 plus years of combined lending experience. Built upon hard work and a strong reputation, the U.S. Mortgage Funding team has the knowledge and tools to help evaluate customer needs while simplifying the entire loan process from start to finish. Home is where the heart is and we strive to make the experience simple and meaningful. Job Description Accountabilities: Move loans from submission to clear to close in a fast and efficient manner Think outside the box and provide solutions to complicated U/W conditions and scenarios Work with Appraisal Manager and place appraisal orders Analyze loan approvals & coordinate with LOs to obtain conditions Collect documentation needed for loan approvals Analyze and accurately calculate borrower income Work with your sales team and meet closing deadlines Comprehensive understanding of guidelines on all loan types Meet turn time requirements for certain tasks Why is this role for you? Are you eager to be a part of an exciting company that is rooted in strong values and leadership? Are you proactive in nature, always seeking new challenges and growth opportunities? The Senior Loan Processor role is your chance to join a collaborative and forward-thinking team. If you are interested in developing your skills with an opportunity to grow within the company, opportunity knocks! Why U.S. Mortgage Funding? We keep it simple; our core principles are built around enjoying a positive and high energy environment. You will have a unique chance to be part of a high-performance team that values independence and collaboration. We are growth oriented and we want our team members to succeed and grow as fast as their abilities will allow. There is no limit to what we are willing to do for our team members and you will have direct access to the Co-Founders of the company, your ideas and suggestions are valued! Qualifications What you bring to our winning team: 3-5 years loan processing experience required Excellent computer skills and efficiency Familiarity with financial and lending practices Individual must possess strong communication skills, excellent time management skills; and a strong focus on customer service. Ability to build rapport with clients Strong analytical and mathematical skills Desire to grow, take on new tasks, overcome objections Positive "can do" attitude Bilingual preferred but not required (Spanish) Additional Information Why is this role for you? Are you eager to be a part of an exciting company that is rooted in strong values and leadership? Are you proactive in nature, always seeking new challenges and growth opportunities? The Senior Loan Processor role is your chance to join a collaborative and forward-thinking team. If you are interested in developing your skills with an opportunity to grow within the company, opportunity knocks! Why U.S. Mortgage Funding? We keep it simple; our core principles are built around enjoying a positive and high energy environment. You will have a unique chance to be part of a high-performance team that values independence and collaboration. We are growth oriented and we want our team members to succeed and grow as fast as their abilities will allow. There is no limit to what we are willing to do for our team members and you will have direct access to the Co-Founders of the company, your ideas and suggestions are valued!
    $37k-50k yearly est. 25d ago
  • Commercial Mortgage Processor

    Better Talent Advisors

    Loan Processor Job 17 miles from Downers Grove

    Based in the Chicago area and doing business around the country, we are an established boutique mortgage brokerage firm specializing in commercial projects and ultra luxury properties. Our clientele are typically high networth individuals and investment groups. We are lean and mighty, and operate in a close-knit work environment. Due to expansion, we are looking for a bright and experienced Commercial Mortgage Processor to join our growing organization. We will invest in your development and provide a dynamic work environment where you're challenged, valued and empowered every day. We strive to be the best destination for the industry's top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done. Scope/Responsibilities The Mortgage Processor has limited contact with customers, frequent contact with loan officers, lending assistants, other departments, title companies, etc. The incumbent must be able to function efficiently and effectively under deadlines while maintaining a professional and mature demeanor. The Mortgage Processor must exercise independent judgment and decision-making in routine situations. Essential Functions Prepare loan documentation for all new loans, modifications, and renewals. Review provided documents to ensure loan package is accurate (vehicle reports, flood, appraisal, title work, etc.) and that all documentation matches the credit approval. Facilitate open communication with the lending staff throughout the entire loan process. Process and respond to all incoming methods of communication. Take necessary action to resolve deficiencies and escalate questions/concerns to appropriate level when needed. Adapt to change in the work environment, manage competing demands and handle frequent changes.Perform all other duties as assigned. Actively participates in the Customer Service First sales and service culture, supports the values of the Organization, and follows established Bank policies and procedures. Experience & Qualifications 3+ years professional experience as a Commercial Mortgage Processor 3+ years in an environment focused on high net worth clientele and super jumbo loans Bachelors Degree from an accredited 4 year University Project Management experience and PMP preferred Exceptional written and verbal communication including extensive, detail oriented, correspondences Demonstrated ability to work on deadlines with great attention to detail.Proactive and independent with the ability to take initiative. Excellent time management skills with a proven ability to meet deadlines. The ability to think critically and find alternative solutions. Proficient with or the ability to quickly learn loan processing software or other lending systems. Proficient with Microsoft Office Suite or related software. What's In It For You: Competitive base salary and bonuses Remote work with some need for in person meetings in the Chicago area Generous benefits and PTO Opportunity for an outsized impact in the company given our size and your key role in driving us forward. This is a fantastic opportunity for someone who is interested to learn the ins and outs of developing renewable energy projects! About You: For this key position, we are seeking a person who is a forward leaning self-starter that takes a high degree of ownership in their areas of responsibilities. A high level of organization and attention to detail is essential but it's not enough to understand what's going on - this role requires utilizing that knowledge and driving action. So, if you are an experienced Commercial Mortgage Processor who is interested in joining a fast paced, tight-knit firm where your work will be visible, valued, and rewarded, please apply now as interviews are ongoing!
    $32k-43k yearly est. 60d+ ago
  • Loan Specialist

    Regional Finance 4.1company rating

    Loan Processor Job 42 miles from Downers Grove

    Are you ready to take your career to the next level? Regional strives to positively impact the financial lives of our customers. For over 35 years, our Team Members have been passionate about supporting customers through their financial challenges in life. They take pleasure in finding solutions and lending a helping hand, both to our customers and our communities. As we continue to grow and become a national brand in consumer financing, we hope you'll consider us for future career opportunities. If you are looking to make a meaningful impact in people's lives by bringing a personal touch to finances, join our team today! Regional Finance is hiring! We are looking for talented and driven individuals to join our team. Take the next step in your career and click that apply button! Job Intro The core of a Loan Specialist is being customer oriented. If you are interested in helping others in their time of need, then this is the career you have been looking for! Why work at Regional? Regional offers competitive pay! We do our best to show that we value our team members! You are eligible for a monthly bonus. Who doesn't love a nice cash reward for their hard work? You will have promotion opportunities. We love to train our Loan Specialists into future Branch Managers! All full-time team members have access to our medical, dental, vision and 401(k) benefits! Pays an average of $41,000, this amount can vary based on your location and cost of living adjustments! Duties and responsibilities Provide exceptional service to all customers. Process credit loan applications and use product knowledge to present loan solutions to current and potential customers. Maintain office cash with accuracy and proper security. Grow account volume through good judgment and effective customer solicitations in the branch and by telephone. Minimize delinquent debt through calling customers and collecting on past-due accounts. Receive, track, and post all payments and fees to customer accounts in compliance with Company Policy. Transport money and deposits to and from bank. Other duties as assigned by leadership. Minimum Qualifications High School Diploma or Equivalent. Prior customer service experience in either a sales/retail environment or cash management environment. Must pass drug screen, criminal and credit background checks. Valid Driver's License and access to a dependable automobile with liability insurance coverage. Critical Competencies Demonstrated passion for customer service. Excellent written and verbal communication skills. Customer service minded with a personality that relates well with a broad spectrum of people, including external customers, branch colleagues, and corporate co-workers. Thrives in a pay for performance atmosphere. Proven ability to multi-task. High degree of integrity. Sales mentality. Adaptable to an ever-changing environment. Working conditions This position works in an office providing consumer loan products in person and over the phone. The typical working hours are 8:30am to 5:30pm Monday through Friday with some Saturdays required. Overtime may be required on an as needed basis and is at the discretion of upper management. If you are a job applicant who resides in the state of California, please review our California Employee Privacy Policy at the following link: ************************************************************************************************** Regional is an equal opportunity employer and does not discriminate on the basis of race, color, religion, creed, national origin, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, transgender status, age, disability, genetic information, veteran status, uniform service, or any other characteristic protected by applicable law (“Protected Characteristics”). Regional's policy of non-discrimination applies to all phases of the employment process and relationship, including, but not limited to, recruitment and selection; compensation and benefits; professional development and training; promotions and opportunities; transfers; social and recreational programs; layoff; and terminations.
    $41k yearly 15h ago
  • Consumer Loan Specialist, Bilingual Spanish

    Curo 4.7company rating

    Loan Processor Job 10 miles from Downers Grove

    We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and existing customers in the lending process. This position is a terrific opportunity to start your career and learn about consumer finance! Our team is goal driven and always strives for business growth, increased sales, and controlled delinquency. If you are self-motivated, career oriented, and energized by delivering good customer service and hitting sales goals, then check out this opportunity! Benefits: Earn monthly bonuses Medical, dental, and vision insurance effective day 1 401K with some company match Paid Time Off Employee Relief Fund Hourly: $17.25 - $23.50 The base hourly range represents the low and high end of the anticipated hourly range for this position based on the state average. The actual base hourly offered for this full-time position will be determined by various factors, including but not limited to, location, skills, knowledge, competencies, and experience. Hours: Full Time, Monday through Friday, 8:30am to 5:30pm with an occasional evening or Saturday. Stories of Success "I joined Heights Finance in 2010 as a CSR, with no prior experience in finance. Little did I know that this role would pave the way for a fulfilling career! Heights Finance genuinely values its team members and takes pride in promoting from within. Today, I am proud to serve as a District Manager, a position I moved into in 2021 - Also, a testament to the growth opportunities the company provides. The company offers excellent benefits, a set schedule that promotes work-life balance, and supportive leadership that ensures every team member feels valued. The company, also fosters an open culture, encouraging team members to share their ideas and suggestions. I truly love working here and am grateful for the incredible opportunities Heights Finance has provided." ~ Ashley S., District Manager - Alabama "Since joining Heights Finance as a Branch Manager in 2013, I have enjoyed the benefit of internal transitions and promotions on multiple occasions. Transitioning from my original branch to a larger branch in a different demographic, to a middle-sized branch in a combination of demographics, assisted me with being prepared to take the next step in my career. As a result, of these experiences, I was qualified for a District Manager position in 2021. In 2024, I made a career change and with the support of my VPO, I was able to move into an Operations Trainer. During each transition, my supervisors worked to ensure I had the training, tools, and support needed to be successful and the level of camaraderie amongst my peers was unparalleled." ~ Jessica W., Operations Trainer - United States Responsibilities What you will be doing: Greet and assist every customer in a professional manner Marketing for new loans to existing and new customers through solicitation calls Educate and upsell customers on all product offerings including loan options and insurance products Process loan applications to determine customer eligibility Work with past due customers to bring their account current through collection calls
    $17.3-23.5 hourly 14h ago
  • Consumer Loan Specialist

    Attain Finance

    Loan Processor Job 26 miles from Downers Grove

    We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and existing customers in the lending process. This position is a terrific opportunity to start your career and learn about consumer finance! Our team is goal driven and always strives for business growth, increased sales, and controlled delinquency. If you are self-motivated, career oriented, and energized by delivering good customer service and hitting sales goals, then check out this opportunity! Benefits: Earn monthly bonuses Medical, dental, and vision insurance effective day 1 401K with some company match Paid Time Off Employee Relief Fund Hourly: $17.25 - $23.50 The base hourly range represents the low and high end of the anticipated hourly range for this position based on the state average. The actual base hourly offered for this full-time position will be determined by various factors, including but not limited to, location, skills, knowledge, competencies, and experience. Hours: Full Time, Monday through Friday, 8:30am to 5:30pm with an occasional evening or Saturday. Stories of Success "I joined Heights Finance in 2010 as a CSR, with no prior experience in finance. Little did I know that this role would pave the way for a fulfilling career! Heights Finance genuinely values its team members and takes pride in promoting from within. Today, I am proud to serve as a District Manager, a position I moved into in 2021 - Also, a testament to the growth opportunities the company provides. The company offers excellent benefits, a set schedule that promotes work-life balance, and supportive leadership that ensures every team member feels valued. The company, also fosters an open culture, encouraging team members to share their ideas and suggestions. I truly love working here and am grateful for the incredible opportunities Heights Finance has provided." ~ Ashley S., District Manager - Alabama "Since joining Heights Finance as a Branch Manager in 2013, I have enjoyed the benefit of internal transitions and promotions on multiple occasions. Transitioning from my original branch to a larger branch in a different demographic, to a middle-sized branch in a combination of demographics, assisted me with being prepared to take the next step in my career. As a result, of these experiences, I was qualified for a District Manager position in 2021. In 2024, I made a career change and with the support of my VPO, I was able to move into an Operations Trainer. During each transition, my supervisors worked to ensure I had the training, tools, and support needed to be successful and the level of camaraderie amongst my peers was unparalleled." ~ Jessica W., Operations Trainer - United States Responsibilities What you will be doing: Greet and assist every customer in a professional manner Marketing for new loans to existing and new customers through solicitation calls Educate and upsell customers on all product offerings including loan options and insurance products Process loan applications to determine customer eligibility Work with past due customers to bring their account current throug
    $17.3-23.5 hourly 1d ago
  • Special Loans Processor

    Servbank

    Loan Processor Job 19 miles from Downers Grove

    Requirements MSP platform Flexibility with scheduling on a day-to-day basis, including extended hours and/or Weekends Experience in 3 or more areas of the following: o Adjustable-Rate Mortgages (ARM Workstation) o Assumptions o Balloon Loans o Boarding and Investor Reporting Discrepancies o Construction Loans o Easements o Eminent Domain o HELOC o Matured Loans o Non-Amortizing o Obligors o Partial Release o Pre-Payment Penalties o Recast o Release of Liability o Renovation Loans (203k) o SCRA Loans o Subordinations o Successors In Interest (SII) Education High School Diploma EEO Statement: We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. Salary Description $54.8k to $64.1k
    $54.8k-64.1k yearly 25d ago
  • Commercial Loan Processor - To 70K - Roselle, IL - Job 3254

    The Symicor Group

    Loan Processor Job 13 miles from Downers Grove

    Commercial Loan Processor - To $70K - Roselle, IL - Job # 3254Who We AreThe Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.The PositionOur bank client is seeking to fill a Commercial Loan Processor role located in the Roselle, IL area. The position is responsible for the preparation, accuracy, and completeness of commercial loan packages, using the Bank's documentation system and procedures. The candidate will be processing and preparing commercial loan products, as assigned.The opportunity has a generous salary of up to $70K and a full benefits package. (This is not a remote position.) Commercial Loan Processor responsibilities include: Processing commercial loan requests for both new and renewal loans using prescribed procedures and software. Making an initial review of the loan approval (Profile), using information available on the loan processing software system and credit file, obtaining required information for underwriting, and preparing loan closing documents. Preparing all necessary loan documents including Promissory Notes, Business Loan Agreements, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklists using information from the loan application, profile, and title policy. Confirming loan approval authority as defined by bank policy; review and obtain an understanding of the loan transaction from the Loan Profile. Determining that initial underwriting documentation is present according to the approval document. Reviewing credit files and determining additional documentation needs to support underwriting requirements, such as entity papers, credit reports, purchase contracts, lien searches, title work, appraisal or evaluation, environmental questionnaires, surveys, life insurance, and property liability insurance. Ordering supporting documentation from approved vendors and working with loan officers or customers as needed. Renewal loan processing includes entering the loan into loan software and working with the servicing loan officer to move the approved credit to close. Communicating results of documentation review and any processing issues to the loan officer on a timely basis. Balancing transactions and preparing all general ledger tickets and cashier's checks for disbursement. Preparing wire forms, wire tickets, and authorizing wires for loan proceeds. Processing loan files post-closing, including preparation and delivery of instruction letter and the closing packet to the title company if needed. Assisting with additional loan operation roles, as requested or necessary. 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 required; two (2) year degree or higher preferred. Two or more years of experience in commercial loan document preparation and/or document processing. Understanding of the required documentation for commercial term loans and lines of credit and the associated collateral documentation. Ability to prioritize work on complex loan transactions to meet scheduled loan closing dates. Knowledge of compliance requirements for commercial borrowers. Knowledge of related state and federal lending and compliance laws and regulations, and other Bank lending policies. Highly accurate data entry skills and a strong level of skill working with a variety of PC and internet applications, including LaserPro, Excel, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites. Strong multi-tasking, time management, thoroughness, and accuracy skills required. Solid communication and organizational skills with a focus on teamwork and cooperation. A high level of confidentiality is required. Ability to work under deadlines with frequent interruptions. The next step is yours. Email us your current resume along with the position you are considering to:************************
    $70k yearly Easy Apply 60d+ ago
  • Loan Processor

    Crosscountry Mortgage 4.1company rating

    Loan Processor Job 17 miles from Downers Grove

    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program. Position Overview: The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations. Job Responsibilities: Perform a thorough review and analysis of borrower's credit, employment, income, and assets as required by the loan program before submitting to underwriting. Assemble the complete loan package in proper order for underwriting. Verify all required documentation (pre-underwrite) in the file. Complete the required loan checklist. Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting. Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan. Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures. Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information. Verify that vendor orders are complete, invoices are received and in the applicant's E-file. Manage pipeline by completing and submitting reports within allotted turn-around times. Assist set-up of loans. Document all communication related to the loan application in the conversation log. Train and assist supervision of new Loan Processors and other processing personnel. Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors. Available to work varying hours and overtime if needed. Qualifications and Skills: High School Diploma or equivalent. Minimum of 5 years' residential mortgage processing experience. Experience with Encompass. Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred. Knowledge of DU, LP, Microsoft Office, and Windows. Excellent math and analytical skills. Excellent communication skills. Excellent prioritization and time management skills. This is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. Pay Range: Hourly Rate: 21.00-24.00 Bonus Eligible if applicable The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: ********************************** California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants. CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit ***************************
    $36k-44k yearly est. 7d ago
  • Loan Processor

    Fay Group 4.2company rating

    Loan Processor Job 17 miles from Downers Grove

    pFounded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer who sees the customer behind every loan, we understand that our customers aren't loan numbers - they're homeowners./p pBefore founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers. With that insight, we set out to build a different kind of servicing company from the ground up./p pCome join us on our journey to serve our customers and be the leader in our industry! We are currently looking for a strong Loan Processor/strong to join our team!/p pThe Loan Processor is responsible for ensuring the timely and accurate packaging of all loans originated by the loan officers. This will include gathering information for each loan and take file from pre-approval to closing. He/she will input loan information into LOS, verifying completeness and compliance with company policies. Overall, the loan processor is preparing the application for submittal to underwriting./p pstrong What you will do for Constructive Loans:/strong/p ul li Order and coordinate loan documents/li li Provide the customer with timely and periodic status updates on their loan application/li li Return all inquiry calls within one business day/li li Establish, maintain, and update files, databases, records, and/or other documents for recurring internal reports/li li Ensure that all customer files are complete and in compliance with regulatory agencies and internal policies/li li Meet crucial deadlines as requested/li li Analyze and record all incoming documents for compliance and loan eligibility./li li Reviewing the complete file and ensuring the various documents in the file are in sync with all the others and the loan application on the system/li li Following up on the status of the services ordered to ensure minimum delay from order to receipt/li li Upon receipt of the loan decision from the underwriter, liaise with the various internal and external parties in order to address the additional requirements from the underwriter /li li Verify and validate supporting income, assets, and liabilities. /li li Review and verify credit reports. /li li Maintain open communication with customers, real estate brokers, and loan officers to; ensure proper and timely processing and submission of mortgage applications. /li li Update mortgage applications. /li li Send and follow-up on verifications to employers, banks, creditors, etc. /li li Provide status reports on each mortgage indicatingthe process to the loan officers./li li Ability to review, analyze, and calculate qualifying income documentation from personal and business tax returns/li li Knowledge of DU and LP systems/li li Excellent written and verbal communication skills/li li Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm/li li Be a Team Player/li /ul pstrong What you will bring to Constructive Loans:/strong/p ul li High School Diploma or equivalent/li li2 + years of experience in the mortgage industry preferred/li li Encompass experience a plus/li li Proven customer service skills/li li Proficient computer skills, especially Microsoft Office applications/li li Effective verbal and communication skills/li li Ability to manage multiple tasks and projects simultaneously/li li Must have proven experience processing FHA loans/li li Strong understanding of GFE, TIL, and RESPA rules/li li Proven ability to fund a minimum of 20 loans per month /li /ul pEquity and Inclusion are embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to a href="https://nam10.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.dhs.gov%2FE-Verifyamp;data=05%7C02%7Cmcarcione%40faygroup.com%7C3cd0e67a88f74cc493cc08dcde54f808%7Cd61ef6b08efd4c02b6930e73c725846a%7C0%7C0%7C**********23935092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7Camp;sdata=p%2BGghqh23fRoXuCqwuMY7MajLRmcziHlYspYFUWdIYY%3Damp;reserved=0" rel="noopener" target="_blank"*********************** E-Verify is a registered trademark of the U.S. Department of Homeland Security./p
    $31k-39k yearly est. 60d+ ago

Learn More About Loan Processor Jobs

How much does a Loan Processor earn in Downers Grove, IL?

The average loan processor in Downers Grove, IL earns between $27,000 and $51,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.

Average Loan Processor Salary In Downers Grove, IL

$37,000
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