Mortgage Loan Processor
Fairway Independent Mortgage
Elgin, IL US
Posted ago
Fairway Independent Mortgage

Bilingual Mortgage Loan Processor - experience necessary

The Branch Mortgage Loan Processor position prepares loan files for residential mortgage application underwriting. The candidate in this role also communicates with branch and corporate employees in a timely, efficient, and courteous manner. Residential Mortgage Processing experience in the last 2 years is a must. Preferably in a correspondent lending company but a bank processing background is acceptable.

  • The ideal candidate will have at least two years of processing experience
  • This is a remote position, and most of the branches will be in the Midwest
  • You will be processing for branches, this is not a processing center environment in some cases
  • Bilingual - Spanish is a big plus


  • The processor works with Loan Officer to determine product suitability; communicates changes to a loan officer
  • Gathers financial and other needed data to complete loan file
  • Evaluates loan applications for reasonableness and, if needed, escalates files for further evaluation
  • Communicates with Loan Officer and borrower to obtain missing documentation
  • Reviews files for completeness before sending to underwriter
  • Communicates with Underwriter to troubleshoot potential issues and discuss concerns
  • Obtains documentation needed to clear conditions, if required
  • Prioritizes workflow so loans close on time
  • Communicates with the title company, appraiser, and other vendors as required
  • Provides excellent customer service to borrowers, loan officers, vendors, and other interested parties


  • Solid understanding of conventional and government (FHA/VA) loan requirements
  • Solid knowledge of state and federal lending regulations
  • Handle DU and LP
  • Calculate Income
  • Solid knowledge loan processing software (encompass experience is a plus)
  • Extensive understanding of desktop underwriting programs preferred
  • Extensive knowledge and understanding of customer service and intrapersonal best practices

$65,000 - $100,000+ yearly
About Fairway Independent Mortgage

Fairway Independent Mortgage is rated #1 best mortgage company to work for 6 years in a row! This is an outstanding chance to work for a well-established company with a supportive culture. Compensation is commensurate with your skills.

Acceptable file formats include .doc, .docx, .pdf, .txt.
By applying, you consent to WizeHire's Privacy Policy.