Mortgage Loan Processor/Closer - To 56K - Chicago, IL - Job 3827-6115
The Symicor Group
**
Chicago, Illinois
Basic
Posted 4 days ago
Mortgage Loan Processor/Closer – To $56K – Chicago, IL – Job # 3827-6115
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, 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 Position
Our community bank client is seeking to fill a Mortgage Loan Processor/Closer role in the Chicago, IL market. The successful candidate will be responsible for managing residential mortgage loan files from application through underwriting. This role ensures all documentation is complete, accurate, and compliant with lending regulations while coordinating with borrowers, loan officers, underwriters, title companies, and other third parties to facilitate a timely loan closing.
The position includes a generous salary of up to $56K and an excellent benefits program. (This is not a remote position.)
Mortgage Loan Processor/Closer responsibilities include:
- Review mortgage applications for completeness and accuracy.
- Collect and verify required documentation, including income, assets, employment, credit, and property information.
- Order and track appraisals, title reports, flood certifications, and other required documents.
- Prepare loan files for underwriting and submit complete packages.
- Communicate with borrowers to obtain missing documentation and provide status updates.
- Work closely with loan officers, underwriters, escrow/title companies, and closing agents.
- Review underwriting conditions and coordinate with borrowers to satisfy outstanding requirements.
- Ensure compliance with federal, state, investor, and company lending guidelines.
- Maintain accurate loan records and update loan origination systems.
- Monitor loan timelines to meet closing deadlines.
- Resolve documentation discrepancies and identify potential issues before closing.
- High school diploma or equivalent; associate’s or bachelor’s degree preferred.
- 1–3 years of mortgage processing or mortgage industry experience preferred.
- Knowledge of conventional, FHA, VA, and USDA loan programs.
- Familiarity with mortgage compliance regulations and documentation requirements.
- Experience using Loan Origination Systems (LOS) such as Encompass or similar software.
- Mortgage processing certification (preferred but not required)
- Experience with Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines
- Knowledge of TRID, RESPA, TILA, and HMDA regulations
- Proficiency with Microsoft Office, particularly Word, Excel, and Outlook.
Mortgage Loan Processor - To 70K - Chicago, IL - Job 3818-147004
The Symicor Group
**
Chicago, Illinois
Basic
Posted about 14 hours ago
Mortgage Loan Processor – To $70K – Chicago, IL – Job # (phone number removed)
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, 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 Position
Our community bank client is seeking to fill a Mortgage Loan Processor role in the Chicago, IL market. The successful candidate will be responsible for managing residential mortgage loan files from application through underwriting. This role ensures all documentation is complete, accurate, and compliant with lending regulations while coordinating with borrowers, loan officers, underwriters, title companies, and other third parties to facilitate a timely loan closing.
The position includes a generous salary of up to $70K and an excellent benefits program. (This is not a remote position.)
Mortgage Loan Processor responsibilities include:
- Review mortgage applications for completeness and accuracy.
- Collect and verify required documentation, including income, assets, employment, credit, and property information.
- Order and track appraisals, title reports, flood certifications, and other required documents.
- Prepare loan files for underwriting and submit complete packages.
- Communicate with borrowers to obtain missing documentation and provide status updates.
- Work closely with loan officers, underwriters, escrow/title companies, and closing agents.
- Review underwriting conditions and coordinate with borrowers to satisfy outstanding requirements.
- Ensure compliance with federal, state, investor, and company lending guidelines.
- Maintain accurate loan records and update loan origination systems.
- Monitor loan timelines to meet closing deadlines.
- Resolve documentation discrepancies and identify potential issues before closing.
- High school diploma or equivalent; associate's or bachelor's degree preferred.
- 1–3 years of mortgage processing or mortgage industry experience preferred.
- Knowledge of conventional, FHA, VA, and USDA loan programs.
- Familiarity with mortgage compliance regulations and documentation requirements.
- Experience using Loan Origination Systems (LOS) such as Encompass or similar software.
- Mortgage processing certification (preferred but not required)
- Experience with Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines
- Knowledge of TRID, RESPA, TILA, and HMDA regulations
- Proficiency with Microsoft Office, particularly Word, Excel, and Outlook.
Commercial Loan Processor - To 70K - Roselle, IL - Job 3254
The Symicor Group
**
Roselle, Illinois
Basic
Posted about 14 hours ago
Commercial Loan Processor – To $70K – Roselle, IL – Job # 3254
Who We Are
The 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 Position
Our 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.
- 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.
Mortgage Loan Processor/Servicer - To 60K - Chicago, IL - Job 3706
The Symicor Group
**
Chicago, Illinois
Basic
Posted 3 days ago
Mortgage Loan Processor/Servicer – To $60K – Chicago, IL – Job # 3706
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, 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 Position
Our bank client is seeking to fill a Mortgage Loan Processor/Servicer role. The successful candidate will be responsible for individual pipeline management with a focus on meeting sales goals, maintaining compliance requirements, thoroughly reviewing all materials provided to underwriting, maintaining expected processing turn times and pull thru ratios, and preserve strong relationships with Financial Consultants.
This position comes with a generous salary of up to $60K and a full benefits package. (This is not a remote position)
Mortgage Loan Processor/Servicer responsibilities include:
- Timely review and submission of all file documents in the required format for underwriting review.
- Monitoring individual pipeline and identify estimated monthly closing production.
- Following up on all necessary ordered services in conjunction with Jr. Processor and Sales Assistants.
- Staying up to date on FHLMC guidelines, internal underwriting/processing procedures and guidelines, and Company policies.
- Following up with Obligors as necessary to obtain necessary documents or answer processing related questions.
- Responding to the Financing Consultants questions and concerns in a prompt and courteous manner.
- Assisting various departments in closing, post-closing or funding issues.
- Working with outside and internal resources to maintain compliance.
- All other duties as assigned by management.
- High School diploma or GED required.
- Two or more years of Mortgage Processing experience required.
- Maintaining and fostering positive relationships with customers and business partners.
- Strong computer skills required such as Excel, Word, Adobe.
- Provide professional communication in both oral and written expression.
- Able to meet tight deadlines.
- Ability to handle highly sensitive information, maintaining confidentiality of customers personal information.
- Highly detail oriented and can problem solve.
- Excellent organizational, time management and analytical skills.