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Loan processor jobs in Palatine, IL

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  • Senior Mortgage Loan Processor Manager

    Blackstar 3.4company rating

    Loan processor job in Oak Lawn, IL

    Job Description We are looking for a Production Manager to lead and grow our mortgage origination team. This hands-on leadership role is perfect for someone with experience recruiting, training, and mentoring Loan Officers while ensuring efficient, compliant loan production. You will have the autonomy to expand the team, drive origination growth, and earn significant bonuses with career advancement potential. Responsibilities: Recruit, hire, and mentor Loan Officers and sales support staff Manage daily loan pipeline to ensure timely closings and high-quality production Collaborate with processing, underwriting, and closing teams to remove obstacles Coach Loan Officers to grow origination, referral networks, and sales performance Track key metrics including volume, turn times, pull-through, and compliance Requirements: 5+ years in mortgage origination, with 2+ years in leadership or production management Proven experience hiring and developing Loan Officers Strong leadership, coaching, and team accountability skills Knowledge of FNMA, FHA, VA guidelines, and Encompass LOS Must reside within commuting distance of Oak Lawn, IL, and be authorized to work in the U.S. Preferred: NMLS license (active or previously held) Bachelors degree Experience at an independent mortgage bank or small lending institution Interest in moving into executive leadership Compensation & Benefits: Base Salary: $100,000 + $10K bonus per Loan Officer hire Management bonuses, overrides, and profit-sharing Full benefits package including health insurance, 401(k) with 5% match, and PTO
    $37k-47k yearly est. 18d ago
  • Loan Servicing Specialist III

    Newity

    Loan processor job in Chicago, IL

    Job DescriptionDescription: Job Summary: The Loan Servicing Specialist III will focus on helping our special servicing team partner with borrowers to collect payments, process servicing requests (including deferments, workouts, and/or other modifications), and submit SBA packages as appropriate. You will provide expert care while maintaining a welcoming attitude toward our small business members to foster positive experiences. Key Responsibilities: Work with borrowers to collect payments Process servicing requests, including deferments, workouts, and other loan modifications Submit repurchase requests, Universal Purchase Package (UPP), and Charge-off Tabs to the SBA. Develop an in-depth understanding of NEWITY's loan offerings and product terms. Maintain up-to-date understanding of SBA SOPs and other relevant compliance items. Monitor the past due report and execute necessary collection processes based on delinquency age while working with borrowers to understand the reasons for delinquencies to determine a path forward. Coordinate necessary site inspections and appraisals to ensure collateral preservation. Collaborate with borrowers to collect and review required documents for servicing actions, deferments, and SBA-mandated items. Ensure strict adherence to internal policies, SBA SOPs, and other regulations pertinent to the role. Adapt to shifting priorities and assist in different capacities as assigned based on operational needs. Execute assigned special projects with precision and diligence, contributing to the continuous improvement and efficiency of loan servicing operations. Requirements: 5-7 years of experience servicing SBA 7(a) loan portfolios Well-versed in SBA 7(a) loan documentation, including closing documents, insurance, and UCC lien perfection. Meticulous attention to detail. Critical thinking skills for analyzing problems and determining solutions quickly. Strong written and oral communication skills, as well as interpersonal abilities. Excellent organizational skills and the ability to manage multiple tasks independently. Demonstrated patience and empathy when managing difficult conversations. Effective time management and self-accountability. Ability to adapt to changing circumstances and priorities.
    $41k-163k yearly est. 8d ago
  • Loan Servicing Specialist III

    JPMC

    Loan processor job in Chicago, IL

    Join the firm that FORTUNE has named one of the top five “World's Most Admired Companies” and LinkedIn ranked #1 out of 50 of the best companies in the U.S. for best places to work and grow your career. As a Loan Servicing Specialist III within JPMorganChase, you will play a crucial role in managing an assigned portfolio of loans, ensuring the smooth operation of our lending services. Your work will involve interpreting loan documents, interacting with stakeholders, and overseeing deadlines, all while adhering to established procedures. You will apply your broad knowledge of loan servicing protocols to perform a range of tasks, from routine to moderately challenging. Your ability to manage conflicts, think critically, and maintain personal resiliency will be key in this role. You will also leverage your developing listening and questioning skills to effectively communicate with both internal and external clients, ensuring their needs are met and contributing to the overall success of our team. Job responsibilities Interpret and analyze loan documents, ensuring accurate understanding and application of terms and conditions in line with established protocols. Manage and monitor assigned loan portfolio, ensuring timely and accurate servicing activities such as funding, re-pricings, and payments. Engage with internal and external stakeholders, providing clear and concise communication to address queries and resolve routine issues. Apply critical thinking to identify potential conflicts of interest within loan servicing tasks, and facilitate discussions to reach mutually beneficial solutions. Contribute to the team's efficiency by organizing and prioritizing tasks, ensuring adherence to deadlines and maintaining quality under tight timelines. Required qualifications, capabilities, and skills Baseline knowledge or equivalent expertise in loan servicing operations, including understanding of loan documents and related procedures. Demonstrated ability to manage conflicts, with experience in facilitating discussions and creating solutions in a business setting. Proven skills in critical thinking, with the ability to organize, compare, and evaluate various aspects of loan servicing tasks. Experience in stakeholder management, with the ability to establish productive working relationships with internal and external clients. Proficiency in time management and organization, with a track record of efficiently managing multiple tasks and achieving goals effectively. Preferred qualifications, capabilities, and skills Flexibility and adaptability in adjusting to changing conditions and priorities, maintaining a positive and optimistic outlook during periods of change. Proficiency in utilizing continuous improvement and process automation to optimize lending workflows and enhance operational efficiency. Strong teamwork and motivation, actively contributing to team success by being supportive, helpful, and collaborative for the good of the team. Demonstrated interpersonal relationship skills, with a willingness to learn, receive direction, and ask well-thought-out questions to enhance understanding and performance. Excellent client service focus, dedicated to enhancing client satisfaction and service delivery through effective communication and support.
    $41k-163k yearly est. Auto-Apply 30d ago
  • HELOC Loan Processor

    Wintrust Financial 4.9company rating

    Loan processor job in Rosemont, IL

    Wintrust 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, we're dedicated to providing customers with a wide range of mortgage products and have the capability to lend in all 50 states. To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market. Wintrust Mortgage is part of Wintrust, a financial services company with more than $66 billion in assets. Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and annual discretionary bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few Family-friendly work hours With 200+ community bank locations, we offer opportunities to grow and develop in your career Promote from within culture Why join this team? You'll work with multiple departments within Wintrust on an on-going basis, meeting amazing people along the way. We strive on teamwork to ensure we all are successful with our daily processes and tasks. Chances to learn and grow through new initiatives and multi-tasking What You'll Do: The Heloc Loan Processor is responsible for providing support to the lending staff through multiple functions associated with processing the Bank Heloc product. In this role, you will work closely with the sales, underwriting and closing staff. Primary activities include reviewing the loan file for completeness and accuracy, obtaining and reviewing documentation needed for underwriting, submitting files to underwriting, managing a pipeline and working with all staff to ensure compliance with internal and regulatory standards and closing deadlines. Perform a broad variety of loan processing functions from loan application through loan closing Manage and coordinate documentation requests, order due diligence, and coordinate with cross-functional partners including Lenders, Underwriters, and Closers Ensure all documents/financial/due diligence items are uploaded into our loan system Qualifications: Minimum 1-3 years' mortgage loan processor preferred Bachelor degree preferred Exceptional customer service skills Knowledge and understanding of various loan documents, banking or mortgage processing standards and best practices Strong verbal and written communication skills High level of organization and time-management with keen attention to detail and the ability to respond quickly to changes in priorities and tasks Proficient in MS Office including Excel and Word Benefits: Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance Compensation: The estimated hourly rate for this role is $20.19 - $26.44. Actual pay rate may vary based on several factors, such as a candidate's qualifications, skills, and experience. #LI-Hybrid #LI-Remote From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
    $20.2-26.4 hourly Auto-Apply 2d ago
  • Loan Processor

    American Portfolio Mortgage Corp 3.9company rating

    Loan processor job in Palatine, IL

    Job DescriptionDescription: Loan Processor Requirements:
    $35k-43k yearly est. 24d ago
  • Loan Servicing Specialist III

    Jpmorgan Chase & Co 4.8company rating

    Loan processor job in Chicago, IL

    JobID: 210678949 JobSchedule: Full time JobShift: Day Base Pay/Salary: Chicago,IL $23.75-$32.21 Join the firm that FORTUNE has named one of the top five "World's Most Admired Companies" and LinkedIn ranked #1 out of 50 of the best companies in the U.S. for best places to work and grow your career. As a Loan Servicing Specialist III within JPMorganChase, you will play a crucial role in managing an assigned portfolio of loans, ensuring the smooth operation of our lending services. Your work will involve interpreting loan documents, interacting with stakeholders, and overseeing deadlines, all while adhering to established procedures. You will apply your broad knowledge of loan servicing protocols to perform a range of tasks, from routine to moderately challenging. Your ability to manage conflicts, think critically, and maintain personal resiliency will be key in this role. You will also leverage your developing listening and questioning skills to effectively communicate with both internal and external clients, ensuring their needs are met and contributing to the overall success of our team. Job responsibilities * Interpret and analyze loan documents, ensuring accurate understanding and application of terms and conditions in line with established protocols. * Manage and monitor assigned loan portfolio, ensuring timely and accurate servicing activities such as funding, re-pricings, and payments. * Engage with internal and external stakeholders, providing clear and concise communication to address queries and resolve routine issues. * Apply critical thinking to identify potential conflicts of interest within loan servicing tasks, and facilitate discussions to reach mutually beneficial solutions. * Contribute to the team's efficiency by organizing and prioritizing tasks, ensuring adherence to deadlines and maintaining quality under tight timelines. Required qualifications, capabilities, and skills * Baseline knowledge or equivalent expertise in loan servicing operations, including understanding of loan documents and related procedures. * Demonstrated ability to manage conflicts, with experience in facilitating discussions and creating solutions in a business setting. * Proven skills in critical thinking, with the ability to organize, compare, and evaluate various aspects of loan servicing tasks. * Experience in stakeholder management, with the ability to establish productive working relationships with internal and external clients. * Proficiency in time management and organization, with a track record of efficiently managing multiple tasks and achieving goals effectively. Preferred qualifications, capabilities, and skills * Flexibility and adaptability in adjusting to changing conditions and priorities, maintaining a positive and optimistic outlook during periods of change. * Proficiency in utilizing continuous improvement and process automation to optimize lending workflows and enhance operational efficiency. * Strong teamwork and motivation, actively contributing to team success by being supportive, helpful, and collaborative for the good of the team. * Demonstrated interpersonal relationship skills, with a willingness to learn, receive direction, and ask well-thought-out questions to enhance understanding and performance. * Excellent client service focus, dedicated to enhancing client satisfaction and service delivery through effective communication and support.
    $84k-189k yearly est. Auto-Apply 30d ago
  • Loan Processor

    Earnest 4.8company rating

    Loan processor job in Chicago, IL

    will report to the Credit Operations Manager. As the Loan Processor, you will: Review documents from clients (paystubs, tax returns, ID, etc). Confirm client identity using trusted data sources. Enter key information to help with application decisions. Contact clients by phone or email to answer questions and give updates. Help with special projects and prepare documents for audits. Share feedback on tools and systems, and take part in team training. About You: Some experience with credit applications is helpful but not required. Comfortable with basic math and reviewing financial documents. Detail-oriented and organized. Even Better: Some knowledge of fraud risks. Experience working in a fast-paced, task-focused environment. Good communication and teamwork skills. Where: This role will be remote #LI-GA
    $27k-34k yearly est. Auto-Apply 46d ago
  • Mortgage Processor

    Johnson Financial Group 3.9company rating

    Loan processor job in Kenosha, WI

    Overview Responsible for processing residential mortgage applications in accordance with company and investor policies and requirements, to meet compliance, commitment, and closing dates. Hybrid work schedule KEY RESPONSIBILITIES * Monitor loan application pipelines to initiate vendor orders including but not limited to appraisals, title work, flood certificates, tax transcripts. * Engage borrowers at determined milestones, including but not limited to Welcome, Conditional Approval, Follow-up, and Final Approval. * Oversee assigned loan application pipeline to ensure all compliance, commitment, and closing dates are met within determined Service Level Agreement timelines. * Organize and prioritize workload to manage timely re/submissions to underwriting and closing. * Reviews documentation provided by borrowers and third parties within determined Service Level Agreement timelines. * Communicate regularly with Loan Officers and borrowers to keep all parties updated on status of each loan application. * Proactively resolve transactions concerns with impacted parties, including but not limited to internal partners, borrowers, vendors, Realtors, Builders. * Prepare and deliver notifications for withdrawn and denied loan applications. * Confirm adherence and compliance with applicable bank, regulatory and investor * Maintain current knowledge of lending products, systems, and processes. REQUIREMENTS - EDUCATION, KNOWLEDGE, AND SKILLS * High School graduate or College-level coursework preferred. * Proficient computer skills, including Microsoft Office suite and Windows-based software. * Previous mortgage experience preferred * Must be comfortable and able to work in a fast paced environment. Come as you are. Our culture embraces diversity, equity, & inclusion; one where everyone feels valued and heard. For more information on JFG's culture and diversity efforts, including our employee resource groups, please visit the Diversity section of our career website.
    $35k-40k yearly est. Auto-Apply 48d ago
  • Loan Originator - Commission Only

    Town Square Mortgage 4.0company rating

    Loan processor job in Palatine, IL

    Job DescriptionDescription: Loan Originator - Commission Only Requirements:
    $33k-52k yearly est. 9d ago
  • Junior Mortgage Processor (On-Site | Schaumburg, IL)

    Rosso Recruiting

    Loan processor job in Schaumburg, IL

    Job DescriptionJunior Mortgage Processor (On-Site | Schaumburg, IL) Employment Type: Full-Time, On-Site (WFO) About the Role: A growing mortgage company in Schaumburg is seeking a Junior Mortgage Processor to support its in-house lending operations. This role is ideal for someone looking to build a career in mortgage processing, gain hands-on experience, and grow within a supportive, fast-paced environment. Responsibilities: Review incoming loan applications for accuracy and completeness Collect and verify borrower documentation (income, assets, employment, and credit) Communicate with loan officers, underwriters, and borrowers to gather missing items Maintain and update loan files within the loan origination system Prepare loan files for submission to underwriting Track loan status and follow up to ensure timely closings Maintain compliance with internal procedures and federal lending regulations Provide general administrative support to the processing and operations team Qualifications: 1+ year of experience in mortgage, banking, or related financial services (preferred, not required) Strong organizational skills and attention to detail Excellent written and verbal communication abilities Comfortable working with numbers and sensitive financial data Proficiency with Microsoft Office; familiarity with LOS software (e.g., Encompass) is a plus Ability to thrive in a deadline-driven, collaborative environment Schedule & Compensation: Full-time, on-site in Schaumburg, IL Monday-Friday schedule Competitive base pay with growth opportunities Training provided and clear advancement paths in processing and underwriting
    $32k-43k yearly est. 30d ago
  • Mortgage Processor

    Preferred Rate 4.7company rating

    Loan processor job in Oakbrook Terrace, IL

    Job DescriptionAre you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you're interested in a dynamic position on a well-established and successful lending team, look no further; apply now!Compensation: $56,500 Responsibilities: Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval Adhere to all lending and regulatory guidelines and policies while preparing the loan file Prepare and submit detailed loan packages to the lender underwriting department for approval or denial Interview prospective loan applicants and assist them in finding the best loan products for their needs Qualifications: High school diploma or GED required - Associate's degree in accounting, finance, or business preferred Excellent written and verbal communication skills are a requirement Strong analytical and time management skills and superior attention to detail 2 years minimum experience in loan processing required FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required About Company Preferred Rate is a Top 10 National Mortgage Lender partnered with American Pacific Mortgage. Our vision is to make the complex mortgage process simple, fun, and friendly so clients are smiling at the closing table. We aspire to enrich the lives of clients by helping them fulfill the dream of homeownership while building meaningful relationships. Managing relationships with care is our number one priority. We do so by responding timely to calls, keeping everyone informed, explaining complex scenarios in understandable terms, and “Wowing” anyone we work with. We strive to provide development opportunities and career paths for everyone, and recognize each other's accomplishments and value!
    $56.5k yearly 21d ago
  • Senior Loan Processor

    U.S. Mortgage Funding 4.3company rating

    Loan processor job in Naperville, IL

    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. 7h ago
  • Commercial Loan Closing Specialist

    Fifth Third Bank 4.6company rating

    Loan processor job in Rosemont, IL

    Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for the determination of requirements, review, analysis and completion of all due diligence associated with the commercial loan documentation and closing process. This includes the satisfaction of credit approval conditions prior to the preparation of commercial loan documentation. These responsibilities include identifying, requesting, reviewing and critical interpretation of all 3rd party provided documents needed to grant the "clear to close". This also includes coordinating the efforts to prepare commercial loan documentation for all commercial loans including real estate and non-real estate secured loans. Communicates proactively with sales, credit, external customers and 3rd party vendors ensuring the bank meets the closing date and time expectations of the borrower. Under minimal supervision, uses established guidelines to receive and review vendor documents. Clear liens and credit conditions and confirms loan to value ratios for a moderately complex line of loan product Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES AND RESPONSIBILITIES: Receives, reviews, and analyzes draft and final credit approval/credit memo from underwriter or portfolio manager and determines due diligence requirements. Analyzes and interprets the loan approval to determine borrower, collateral, guarantor and loan requirements. Control point to confirm evidence of sufficient lending authority obtained on the credit approval. Manages workload by monitoring newly received loans as well as tracking work in process. Orders and/or interprets supplemental vendor due diligence information to ensure borrower, collateral and guarantor requirements are met and ensures production of appropriate documentation in compliance with all terms of the loan request such as: title commitment / title search, UCC (Uniform Commercial Code) search, evaluation or real estate appraisal, environmental questionnaire, RSRA/Transaction Screens or evaluation (phase I/II), flood determination and other regulatory or compliance items, proof of insurance documents, survey, and entity documents. Ensures adherence to the Bank's risk tolerance or escalates appropriately. Promptly and accurately determines when all underwriting approval conditions for the loan closing have been satisfied. Takes appropriate remedial actions to Resolve deficiencies and Escalates questions/disputes to appropriate level when necessary. Determines closing date expectations and advises sales and credit of obstacles that May impede meeting client expectations. Coordinates efforts to establish the closing date and time with all parties concerned including internal and external attorneys (as applicable), title companies, external customer and relationship manager or financial center manager. Coordinates efforts to engage and finalize preparation of loan documents by internal and external counsel in a timely manner. Reviews loan documents and identifies/resolves shortfalls to insure alignment with the deal structure and credit approval. Understands all business entity structures and obtains/reviews entity documents to determine authorized parties that can bind the entity to the loan transaction. proactively contacts customers directly to obtain required documentation and when facilitating closing date/times, when applicable. Collaboratively works with and shares knowledge with internal partners and divisions. Understands, determines and obtains appropriate Approval for compliance requirements, such as commercial customer identification Program (CIP), Reg. U, consumer purpose, Flood, etc. Understands and makes determination of appropriate loan coding needed for portfolio and Regulatory reporting purposes, such as loan purpose, collateral type, obligation type, etc. Demonstrates and appropriately applies a working knowledge of diverse commercial loan documentation, Legal & Regulatory requirements (including unique state regulations), policies and procedures, and applies that knowledge. Obtains and Understands all funding information and creates and/or reviews the settlement Statement providing direction for the disbursement of loan proceeds. For internally prepared loans, makes the final determination that all due diligence has been completed, final credit approval has been received, all policies and regulations have been met. Upon this determination, notifies sales, credit, title company, etc. of due diligence complete status and requests document preparation for the loan closing for attorney prepared loans, makes the final determination that all due diligence has been completed, final credit approval has been received, all closing conditions, policies and regulations have been met. Upon this determination, notifies sales, credit, title company, outside counsel, etc. of authorization to close the transaction. The loan closing cannot occur without this final LCS decision. Works directly with outside counsel on externally prepared commercial loan documentation, acting on the bank's behalf to review all loan documentation and confirms all due diligence items are addressed by bank or attorney, if applicable. Provides guidance and Support to business Partners in order to Meet the needs of external customers. Able to coach business Partners on the Retail business banking and commercial lending loan closing Process. Interacts and communicates daily with all levels, including financial center employees, supporting business unites, relationship managers, credit, underwriters, document preparation, REVG, title companies, 3rd parties, attorneys, flood vendors to ensure Ensures all individual and departmental goals and service level agreements (SLAs) are met. Stays current with and applies credit policy and procedures to all transactions to mitigate risk to the Bank. Reviews appropriate loan accounting system and Identifies discrepancies between system structure and credit approval structure and works with credit to resolve. Other duties as assigned. MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: 2 years of commercial banking/commercial real estate loan experience with a focus on due diligence and loan documentation. High school diploma or equivalent. Bachelors degree preferred. Strong time management and organizational skills evidenced in Previous assignments. Demonstrates an understanding of applicable bank policies and procedures as they pertain to the satisfaction of loan closing conditions as well as vendor documents and services. Strong knowledge of most common vendor documents title work, appraisals, flood determinations, lien searches. Strong knowledge of loan documents and requirements. Strong knowledge of commercial lending and loans. Thorough understanding of all business banking and commercial loan products. Thorough knowledge of business banking and commercial lending credit policy/Guidelines. Thorough knowledge of loan documentation, collateral evaluation, Lien Perfection, local, state and Federal Regulatory requirements. Thorough knowledge of B2B, CCAS, AFS, RIMS, CHQ, loan Doc Prep system (or equivalent vendor systems), and other banking systems preferred. Strong personal computer skills with Demonstrated knowledge of Microsoft Excel, Word, and email. Self-starter and Works with minimal direction. Strong verbal and written communication skills. Strong negotiation skills. Strong interpersonal skills and team orientation. Ability to Meet deadlines under pressure. Ability to appropriately escalate issues requiring problem solving and decision making. #LI-TC1 Commercial Loan Closing SpecialistTotal Base Pay Range 53,400.00 - 109,500.00 USD Annual At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: *************************************************************** or by consulting with your talent acquisition partner. LOCATION -- Rosemont, Illinois 60018 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
    $87k-104k yearly est. Auto-Apply 29d ago
  • Loaner Coordinator/Cashier

    McGrath Honda Elgin

    Loan processor job in Elgin, IL

    Job Description Job Title: Loaner Coordinator/Cashier Location: Elgin, IL - McGrath Honda McGrath Honda, a well-established and reputable automotive dealership in Elgin, is seeking a Loaner Coordinator/Cashier to join our growing team. We are committed to providing outstanding customer service and we need dedicated individuals to help us maintain our reputation. Position Overview: As a Loaner Coordinator/Cashier at McGrath Honda, you will play a crucial role in ensuring a seamless and positive customer experience. You will be responsible for managing loaner vehicles, processing financial transactions, and providing exceptional customer service. This position offers an opportunity to be a part of a customer-focused team in the automotive industry. Key Responsibilities: Greet and assist customers in a friendly and professional manner. Manage loaner vehicle reservations, check-ins, and check-outs. Maintain accurate records of vehicle inventory and condition. Process customer payments, including cash, credit card, and check transactions. Ensure the cleanliness and maintenance of loaner vehicles. Maintain accurate cash and transaction records. Uphold dealership policies and procedures related to loaner vehicles and cashier duties. Qualifications: At least one year customer service or cashier role is preferred. Excellent interpersonal and communication skills. Strong attention to detail and organizational abilities. Basic computer skills for data entry and transaction processing. Ability to work in a fast-paced environment and handle multiple tasks. Positive attitude and a commitment to providing outstanding customer service. Willingness to learn and adapt to changing procedures and technologies. Availability to work Sundays Benefits For All Full Time Employees: Health, dental, and vision insurance options. 401(k) retirement plan. A supportive and collaborative work environment. Paid time-off.
    $35k-48k yearly est. 21d ago
  • Mortgage Loan Officer- Various Locations

    Cibm Bank

    Loan processor job in Naperville, IL

    Job Details Naperville - Naperville, IL Part time BankingDescription Purpose : This position is responsible for promoting the mortgage company to the community with emphasis on generating mortgage loans and services, and cross selling other bank products and services to establish new relations, and maintain and further current customer relations. Accountabilities : Essential responsibilities include: Developing and managing a sales and marketing program to originate new mortgage relationships and expand existing relationships. Promoting and cross selling bank products and services. Assessing customer's financial needs and counseling and resolving inquiries accordingly. Accepting loan applications and assisting applicants in completing them. Reviewing documentation for accuracy, including but not limited to, income, asset credit, and commitment letters. Scheduling and participating in loan closings. Developing relationships with real estate agents and networking with professionals with emphasis on promoting the organization and generating new business. Monitoring and evaluating interest rate trends; determine bank mortgage rates. Staying abreast of investor programs, products, rates and services through internal and external education and training. Additional responsibilities include: Staying abreast of bank policies and procedures by attending and successfully completing all mandatory corporate and departmental training. Inclusive of but not limited to Orientation, Annual Sensitivity Training and Compliance Training. Other duties as assigned. Qualifications Required Skills and/or Education : Knowledge of mortgage and/or banking related practices and regulations consistent with that normally obtained through 3 years of education or training beyond high school or equivalent is required. Skills and abilities sufficient to perform the essential functions--such as, basic mathematical calculations, customer service and marketing skills--are required. Preferred Skills and/or Experience : Approximately three years of experience in mortgage lending or a related field is preferred. Advanced knowledge of mortgage loan regulations and/or knowledge of related practices consistent with that normally obtained through a baccalaureate degree in finance, accounting, or a similar field is also preferred. Nature and Scope : This position is a regular full time position on a schedule established by customer demand and the supervisor. Daily travel is required to meet the essential functions of the position. Being on call, altering the work schedule, and overtime is frequently worked in order to meet the seasonal demands and deadlines associated with the position. The work environment involves the use of typical office equipment such as telephone, computer, facsimile, etc. in a controlled climate.
    $34k-50k yearly est. 60d+ ago
  • Loaner Coordinator / Cashier

    McGrath Honda St. Charles

    Loan processor job in Saint Charles, IL

    Job Description Job Title: Loaner Coordinator/Cashier Location: St. Charles, IL - McGrath Honda McGrath Honda, a well-established and reputable automotive dealership in St. Charles, is seeking a Loaner Coordinator/Cashier to join our growing team. We are committed to providing outstanding customer service and we need dedicated individuals to help us maintain our reputation. Position Overview: As a Loaner Coordinator/Cashier at McGrath Honda, you will play a crucial role in ensuring a seamless and positive customer experience. You will be responsible for managing loaner vehicles, processing financial transactions, and providing exceptional customer service. This position offers an opportunity to be a part of a customer-focused team in the automotive industry. Key Responsibilities: Greet and assist customers in a friendly and professional manner. Manage loaner vehicle reservations, check-ins, and check-outs. Maintain accurate records of vehicle inventory and condition. Process customer payments, including cash, credit card, and check transactions. Ensure the cleanliness and maintenance of loaner vehicles. Maintain accurate cash and transaction records. Uphold dealership policies and procedures related to loaner vehicles and cashier duties. Qualifications: Excellent interpersonal and communication skills. Strong attention to detail and organizational abilities. Basic computer skills for data entry and transaction processing. Ability to work in a fast-paced environment and handle multiple tasks. Positive attitude and a commitment to providing outstanding customer service. Willingness to learn and adapt to changing procedures and technologies. Benefits: Health, dental, and vision insurance options. 401(k) retirement plan. A supportive and collaborative work environment. Paid time-off.
    $35k-48k yearly est. 24d ago
  • Consumer Loan Specialist, Bilingual Spanish

    Attain Finance

    Loan processor job in Aurora, IL

    If you're seeking more than just a job, join Heights Finance and kickstart your career! Are you ready to make a difference in the world of consumer finance? At Heights Finance, a proud member of the Attain Finance family, we bring over 50 years of expertise in providing credit solutions across the U.S. and Canada. Our deep roots in the financial industry have empowered us to develop convenient, easily accessible financial services that meet our customers' growing needs. Join a leading consumer credit lender that thrives on innovation and collaboration, where your contributions are truly valued. As part of Attain Finance, our portfolio includes distinguished brands like Cash Money , LendDirect , Southern Finance, Heights Finance, Covington Credit, Quick Credit, and First Heritage Credit. Each brand is constantly evolving to better serve our customers. Be part of a dynamic team that is shaping the future of consumer finance. Apply today! 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 As a Consumer Loan Specialist, you'll be at the heart of our customer experience-delivering exceptional service, building lasting relationships, and helping individuals secure the financial solutions they need. This is more than just a job-it's a chance to grow your career, make a difference, and be rewarded for your success. If you're a motivated, customer-focused professional with a passion for helping others and a drive to succeed, we want to hear from you. Join our team and let's achieve success together! Deliver Exceptional Service: Provide outstanding support to both new and existing customers, guiding them through the loan process with care and professionalism. Drive Sales Growth: Use consultative sales techniques to educate customers on financial products and services, identifying opportunities to upsell and cross-sell. Engage Customers: Manage inbound calls with confidence and make proactive outbound calls to attract new business and promote our offerings. Support Delinquency Management: Collaborate with customers on past-due accounts, offering solutions and working toward resolution. Learn and Grow: Participate in a hands-on training program with one-on-one mentoring to build your skills and confidence. Ensure Compliance: Follow all regulatory guidelines and company policies to protect customer information and company assets. This is your opportunity to build a rewarding career with a company that values your contributions and supports your growth. Qualifications We're looking for individuals who are passionate about customer service, eager to learn, and ready to grow in a fast-paced, team-oriented environment. Bilingual: Ability to read, speak, and write fluently in both English and Spanish Customer Focus: A genuine desire to help others and provide top-tier service in every interaction. Sales Mindset: Confidence in promoting products and services that meet customer needs. Strong Communication: Excellent verbal and written communication skills, with the ability to build rapport quickly. Problem-Solving Skills: Ability to think on your feet and offer creative solutions to customer challenges. Adaptability: Willingness to learn new systems and processes in a dynamic environment. Team Player: A collaborative spirit with a desire to contribute to team success. Educational Background: High School diploma or equivalent required; college coursework or degree is a plus. Industry Experience: Experience in customer service, sales, or consumer finance is preferred but not required-we'll train the right candidate! Work Location: 1460 North Farnsworth Ave, Ste 2, Aurora, IL 60505 Hours: Full Time - Monday through Friday, 8:30am to 5:30pm with evenings and weekends based on business needs/peak seasons 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. All full-time employees are eligible for benefits, starting day one: Paid Time Off, Medical, Dental, Vision and other voluntary coverages. You will also be eligible to participate in the company's 401(K) program with company match, 30 days post hire, starting on the 1st of the month. Other company perks include access to the Employee Assistance Program, Emergency Relief Fund, Diversity and Inclusion Council, Tuition Reimbursement, Leadership Development Programs, and potential to earn through the Monthly Bonus Program. This employer participates in E-Verify for US-based hires. #LI-Onsite #HeightsFinance #HFCLP Key Words: Customer Service, Loans, Financial Services, Lending, Retail, Office, Bank Teller, Sales, Collections EEO Statement Attain Finance Supports Equal Employment Opportunity. CURO (dba Cash Money , LendDirect , Heights Finance, Southern Finance, Covington Credit, Quick Credit, and First Heritage Credit) is committed to a policy of providing equal employment opportunity to all qualified employees and applicants. This commitment is reflected in all aspects of our daily operations. We do not discriminate on the basis of race, color, sex, religion, national origin, marital status, age, disability, veteran status, or genetic information in any personnel practice, including recruitment, hiring, training, compensation, promotion, and discipline. Additionally, we do not discriminate based on any other characteristic protected by applicable state/provincial or local law where a particular employee works. In addition, it is the policy of Attain Finance to provide reasonable accommodation to qualified employees who have protected disabilities to the extent required by federal law and any state/provincial law where a particular employee works. Notice to Attain Finance job applicants: Attain Finance will never ask for your personal banking information, transfer of funds, a credit card, or for you to purchase any equipment to process a job application or for training. Authorized Attain Finance representatives' email addresses will end *********************, @curo.com, @first-heritage.com, @heightsfinance.com, *****************.
    $17.3-23.5 hourly Auto-Apply 60d+ ago
  • Mortgage Loan Officer

    Responsive Mortgage

    Loan processor job in Evanston, IL

    Job Description Mortgage Loan Officer - Responsive Mortgage Are you a motivated Mortgage Loan Officer looking for an opportunity where you can thrive with unlimited support and resources? Responsive Mortgage, in partnership with Yoo Realty Group, offers a dynamic environment that fosters success and growth with a personal touch. Why Join Us? Unlimited Leads: Through our exclusive partnership with Yoo Realty Group, you'll have access to an unlimited number of high-quality leads, ensuring you always have potential clients to work with. We can even invest more into expanding that lead flow for you! Seamless CRM Integration: We own the real estate team, which means you get direct access to their CRM (YRG Follow-Up Boss). You have a seat right at the heart of the action, with control over lead flow to maximize your pipeline and conversion rate. Branch Processors Who Excel: Work with experienced branch processors who are actually great at what they do, making your job easier and ensuring smooth processing from start to finish. Expert Operations Manager: Our operations manager knows the ins and outs of the mortgage world, especially when it comes to handling the tricky, unusual cases. You'll never feel lost in the process. Small Company Vibes with Big Company Support: Enjoy the benefits of a close-knit, supportive team while still having access to the resources you need. You'll always be able to speak directly to decision-makers, ensuring your voice is heard and your ideas matter. Supportive Underwriting Team: Our small pool of expert underwriters makes your job smooth and easy. With a dedicated team behind you, the underwriting process is faster, simpler, and more transparent. No Overlays: We follow government guidelines - and nothing more. This means fewer headaches for you and your clients as we keep things straightforward and clear. Access to a Wide Range of Loan Products: Not only do we offer competitive rates with top-tier service, but we can also broker unique and interesting products that may not be available in-house. Flexibility and variety are at your fingertips. Why Responsive Mortgage? We are committed to creating a work environment where you can thrive both personally and professionally. Our small-company feel allows you to connect with decision-makers directly and feel empowered within your role. Whether it's leveraging the massive lead generation pipeline through Yoo Realty Group or receiving top-notch operational support, Responsive Mortgage is where your career can flourish. Competitive Rates, Exceptional Service We pride ourselves on offering some of the most competitive rates in the industry, paired with exceptional customer service that keeps clients coming back. When you join us, you'll have the backing of a company that supports your success from day one. Ready to Take the Next Step? If you're ready to be part of a growing, supportive team where your potential is unlimited, apply today! Let's build something great together. Job Type: Full-time Pay: $48,226.91 - $196,492.21 per year Benefits: Flexible schedule Schedule: Monday to Friday Self-determined schedule Weekend availability Supplemental pay types: Bonus pay Commission pay
    $34k-50k yearly est. 13d ago
  • Retail Mortgage BSA with mPower experience

    Deegit 3.9company rating

    Loan processor job in Des Plaines, IL

    1. knowledge of mortgage industry specific regulatory enviornment and standards Good knowledge of Lending Domain 2. Worked on multiple projects invovlving mortgage products and services (e.g. First Mortgage, Heloc, Reverse Mortgage etc). 3. Worked on multiple of projects invovlving mortgage industry processes (e.g. Origination, Servicing, Special Servicing etc). Additional Information All your information will be kept confidential according to EEO guidelines.
    $31k-38k yearly est. 7h ago
  • Consumer Loan Specialist

    Abbott Laboratories Employees Credit Union

    Loan processor job in Gurnee, IL

    SUMMARY: Assist with all aspects of consumer loan processing in addition to general office management. ESSENTIAL FUNCTIONS: Inputs, processes and analyzes phone, internet and Lending Solutions Inc. (LSI) auto, personal and Visa applications Processes and distributes instant approved loans Handles loan denials and mails Notice of Adverse Action for Visa Processes event tickets Processes relationship manager requests Performs Visa functions to include maintenance, opening of accounts, respond to incoming Visa tickets, answering member inquires and returned statements Audits all Visa/Consumer loan applications for accuracy and reports findings to Consumer Loan Manager Assists with title processing, questions and calls Prepares documents for review and imaging Answers and processes member inquiries regarding transactions, maintenance and status of their loan Assists members with State National inquiries Processes GAP claims Processes disability/life claims Actively cross-sells and promotes credit union products and services Other duties as may be assigned QUALIFICATIONS: Education Required: High School Diploma or equivalent (GED) Experience Required: One (1) year of customer service or retail sales experience Experience Preferred: Two (2) years of customer service experience in the processing of consumer loans and visa Knowledge, Skills and Abilities (KSAs): Ability to perform job functions independently Ability to work as part of a team Ability to verbally communicate effectively with internal and/or external members Ability to use computers and job-specific technology/software efficiently Maintains confidentiality Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements The base pay for this position is $17.96 to $29.93 per hour. In specific locations, the pay range may vary from the range posted. Click here to learn more about ALEC and our benefits.
    $18-29.9 hourly Auto-Apply 60d+ ago

Learn more about loan processor jobs

How much does a loan processor earn in Palatine, IL?

The average loan processor in Palatine, 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 Palatine, IL

$37,000

What are the biggest employers of Loan Processors in Palatine, IL?

The biggest employers of Loan Processors in Palatine, IL are:
  1. American Portfolio Mortgage Corporation NMLS# 175656
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