- Gather background information on loan applications, researching any discrepancies.
- Order appraisals, title work, flood certifications, credit reports and other items as necessary to process a mortgage loan together with monitoring timely receipt.
- Prepare initial mortgage loan disclosure documents within regulatory timeline.
- Initial review of HMDA entries for accuracy and completeness.
- Accurately update mortgage loan tracking records.
- Verify employment, assets and credit history of persons applying for loans.
- Review title work to ensure lien and ownership information is acceptable.
- Review appraisal and flood certificates to ensure value and location meet loan requirements.
- Send out credit notices to spouses when necessary.
- Stack, review and submit completed files to the underwriting department.
- Coordinate with Mortgage Loan Officers to gather and clear underwriting conditions.
- Audit physical and electronic files for completeness and compliance.
- Prepare loan closing documents.
- Balance mortgage loan closings and prepare loan closing documents within regulatory timeline.
- Purge loan files by destroying out-of-date or unnecessary loan documents.
- Ensure documents are maintained and stored in compliance with policies and regulations.
- Keeps abreast of changes in policies and procedures, standards, and regulations applicable to NSTS and the mortgage industry.
- High school diploma or general education degree (GED) is required.
- College degree preferred.
- Certifications related to Lending and/or Loan Processing desirable.
- MUST be bilingual in Spanish.
- Experience
- 2 years processing mortgage loans.
- Experience working within the residential, commercial, or consumer loan process a plus.
- NMLS License
- Knowledge, Skills, and Abilities
- Strong attention to detail, with the ability to follow process and maintain a consistent standard of quality.
- Knowledge of lending products, policies, and procedures.
- Ability to work as a team player to accomplish departmental goals.
- Ability to perform independently with accurately under deadline pressures.
- Ability to effectively communicate with Loan Originators, Loan Underwriters, and customers.
- Ability to research and determine incomplete, inaccurate, or missing information.
- Primary Availability - Monday thru Friday 8:30am - 5:00pm
- Secondary Availability - As needed to satisfy loan production deadline.
-
Consumer Loan Processor
1 week ago
Corporate America Family Credit Union Elgin, United States**Primary responsibilities**: · **Duties and responsibilities** · **Qualifications** · - Minimum high school diploma or its equivalency and one-year experience in an office environment or customer service, preferable experience in loan processing in a credit union or related busi ...
-
Loan Processor
1 week ago
Automotive Dealership Libertyville, United StatesJob Description · Job DescriptionA large, fast-paced auto dealership is looking for an Auto Dealership Loan Processor / F&I Assistant. · This position will review and process all paperwork necessary to complete a sales or lease transaction, ensuring that all the deal's paperwork ...
-
Loan Processor
5 days ago
D.R. Horton Schaumburg, United StatesD. R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level an Loan Processor, Processor, Lo ...
-
Sr. Commercial Loan Processor
1 week ago
The Symicor Group Schaumburg, United StatesThe Position · Our bank client is seeking to fill a Sr. Commercial Loan Processor role located in the Schaumburg, IL market. The position is responsible for overseeing the day-to-day processing workflow of the commercial loan processing department to assist lending officers, loa ...
-
Loan Verifier
4 days ago
Nationwide Acceptance Rosemont, United States**COME JOIN US ON-SITE** · We are seeking a Loan Processor to join our exceptional Rosemont team · - Hours · - Monday-Friday 10:00AM-7:00PM · Responsibilities include: · - Verifying loan documents (check stubs/bank statements) for accuracy · - Contacting customers to obtain and v ...
-
Lending Technician
1 week ago
Corporate America Family Credit Union Elgin, United StatesThe job responsibilities are:. · - Maintain and follow up on all documentation relating to vehicle (paper & electronic) titles. · - Perform scanning duties for all loan documents for the department. · Assist loan officers and loan processors, as required, with various functions i ...
-
Loan Flow Coordinator
2 weeks ago
HR Value Partners LLC Lake Villa, United StatesNorth Shore Trust- Loan Flow Coordinator · Job Function: · The Mortgage Loan Flow Coordinator plays a pivotal role in ensuring the smooth and efficient flow of mortgage loan applications throughout the entire loan process. This role involves coordinating and facilitating communi ...
-
Experienced F&I Manager
1 week ago
Jeff Wyler Automotive Family Spring Grove, United StatesCome see why the Jeff Wyler Automotive Family was voted one of the Top Work Places in 2018, 2019, 2020, 2021, 2022 & 2023 · Job Description · Build your future with the highest-rated new and used car dealerships in the tristate · We are seeking a top performing individual to prov ...
-
Mortgage Loan Originator
4 days ago
Interfirst Des Plaines, United StatesJob Description · Job DescriptionSummary: · The Call Center Mortgage Loan Originator (MLO) plays a pivotal role in reaching out to potential borrowers and expertly assisting them through the mortgage loan application and approval journey. Reporting directly to the Senior Vice Pre ...
-
Loan Originator
1 week ago
Wintrust Financial Highland Park, United StatesWintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service, federally chartered lender with offices located across the country, were dedicated to ...
-
Select Mortgage Loan Originator
4 days ago
Interfirst Des Plaines, United StatesJob Description · Job DescriptionAbout Interfirst Mortgage Company · Interfirst Mortgage Company is a private equity-backed mortgage originator that is improving the way consumers obtain residential mortgages across the U.S., originating more than $36B of residential mortgages. O ...
-
Network Administrator
5 days ago
US District Court, Northern District of Illinois Huntley, United StatesSalary: $58, $105,313.00 Annually · Location : 219 S. Dearborn Street Chicago, IL · Job Type: Full-time · Job Number: · Department: Systems · Opening Date: 04/30/2024 · Position Overview, Position Duties and Responsibilities · The United States District Court, Northern Dist ...
Mortgage Loan Processor - Lake Villa, United States - HR Value Partners LLC
Description
North Shore Trust- Mortgage Loan ProcessorJob Function:
Serve as a liaison between the Applicant, Mortgage Loan Officer and the Bank. Responsible for processing mortgage loan applications received from Loan Officers and coordinating services with third-party contractors to complete the mortgage loan. Preparing initial mortgage loan disclosure and preparing mortgage loan closing documentation in compliance with regulations.
Essential Duties:
Education:
