Mortgage Loan Initiator

2 weeks ago


Chicago, Illinois, United States Invigorate Finance Full time

Invigorate Finance is dedicated to delivering exceptional servicing solutions for both performing and non-performing mortgage loans. As a specialized mortgage servicer and originator, we recognize that our clients are more than just loan numbers; they are homeowners with unique needs.

Our journey began with a thorough analysis of the mortgage servicing landscape, allowing us to identify and address the challenges faced by both servicers and their clients. This insight has driven us to create a distinctive servicing company focused on client satisfaction.

We are currently seeking a Loan Opener to become a vital part of our dynamic team.

The Loan Opener plays a crucial role in initiating the mortgage loan origination process. In this position, you will be responsible for verifying data, ensuring that automated checks and compliance assessments are conducted for each application, and maintaining accurate and compliant files.

Key Responsibilities:

  • Complete all new loan setups within 24 hours of receiving the completed application.
  • Prepare and distribute the initial disclosure package to applicants via electronic or paper methods.
  • Verify that all necessary information and documents are included in the loan file, ensuring accuracy and compliance with applicable federal and state regulations, as well as company policies.
  • Deliver a complete and compliant loan file to processing, enabling timely requests and receipt of loan approval conditions.
  • Perform additional duties as assigned by the supervisor.
Qualifications:
  • High school diploma or GED is required.
  • Previous experience in the mortgage industry is advantageous.
  • Familiarity with Encompass and compliance knowledge related to disclosures is a plus.
  • Demonstrated customer service skills.
  • Proficient in computer applications, particularly Microsoft Office.
  • Excellent verbal and written communication abilities.
  • Capability to manage multiple tasks and projects concurrently.
  • Knowledge of state-specific requirements is beneficial.
At Invigorate Finance, we embrace Diversity, Equity, and Inclusion as core values. We believe that a diverse team fosters the best ideas and solutions. We are committed to ensuring that every employee feels valued, respected, and included, with equal opportunities for success. We proudly maintain an equal opportunity workplace.

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