Mortgage Broker Processor / Experience Required
Z Team Real Estate
Oakbrook Terrace, IL
Posted ago
Z Team Real Estate

We are Looking for a Mortgage Processor with a Can-Do-Attitude! Must have current relevant experience with full knowledge of Encompass mortgage software and truly know what it takes to get a file from open to close. This position is a key role through the entire loan process. The Loan Processor will be responsible for packaging and submitting complete files to our lenders. 

Come Grow with Our Awesome Company!

Responsibilities

Customer Service:

  • Act as a liaison between the borrower, underwriter, loan originator, and lender
  • Provide borrowers with timely and periodic status updates on their loan application
  • Return all inquiry calls within one day

Customer Intake and Data Entry:

  • Running DU/LP Findings
  • Collect required documentation from applicants and follow up on missing items
  • Submitting the loan packages to the end lender thru their online portal
  • Following up on the approval status and when loan is approved, requesting the docs from the borrower that are required then uploading to the lender's portal
  • Establish, maintain and update files, database, records, and/or other documents for recurring internal reports. Programs used, but not limited to, Encompass, Word, and Excel
  • Assisting borrowers with writing letters of explanation
  • Disclosing the file, done thru our system or lender's

File System Management:

  • Ensure that all applications are complete, in compliance with regulatory  agencies, and internal policies
  • Ensure customer privacy, security of file, and appropriate staff access

Administrative Support:

  • Prepare commitment letters, denial letters, and cancel files if necessary
  • Process the documents received for each file, verifying the accuracy and completeness of each document
  • When file is clear to close, coordinate the closing process
  • Communicate with other professional, including attorneys, real estate agents, title company staff, lender account representatives

Working Conditions:

  • Normal office environment. Ability to work occasional evenings and weekends. This is a full time in office position. No current benefits available.

Qualifications

  • Minimum 1+ years mortgage background 
  • Ability to handle multiple tasks and frequent interruptions
  • Knowledge of Fannie/ Freddie/VA/ FHA/Different lender guidelines 
  • Knowledge and Experience with MS Word, Excel and Encompass
  • Excellent record and file management skills
  • Typing at least 40 + wpm 
  • Strong written and verbal communication skills 
  • Required education: High school or equivalent 
  • Mortgage Loan Processor experience: 1 + years

Compensation
$50,000 + Salary plus per file bonus and possible quarterly bonus
About Z Team Real Estate

As a top performing team, we've been selling over 300 homes per year for last 3 years. We're selling traditional real estate and also we are selling hard to find bank owned homes. In other words buyers want homes that we're selling. 

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