Branch Senior Processor

3 weeks ago


Chicago Illinois, United States Fairway Independent Mortgage Corporation Full time
Job Posting:
At Fairway, we are committed to cultivating, fostering, and preserving a culture of diversity, equity, inclusion, and belonging. We do this with dialogue and advocacy through voluntary employee-led resource groups and corporate-sponsored events. We strive to attract, recruit, hire, develop, and retain the very best employees at all levels. Fairway is committed to embracing talent and supporting a culture of inclusivity, reflective of Fairway's Core Values. 

Fairway is an equal opportunity employer & is committed to equal treatment and opportunity in all aspects of recruitment, selection, and employment without regard to gender, race, religion, national origin, ethnicity, disability, gender identity/expression, sexual orientation, veteran or military status, or any other category protected under the law.

 

What you will do: 

Work with Loan Officer to determine product suitability; communicates changes to loan officer

Complies financial and other needed data to complete loan file

Order supporting documentation, such as appraisals, verifications of employment, verifications of deposits, etc.

Evaluate loan applications for reasonableness and, if needed, escalates files for further evaluation

Communicate with Loan Officer and borrower to obtain missing documentation

Review files for completeness prior to submission to Underwriting

Obtain documentation needed to clear conditions, if required

Submit approved files to Closing

Prioritize workflow so loans close on time

Communicate with title company, appraiser, and other vendors as required

Provide excellent customer service to borrower, loan officer, vendors, and other interested parties

Prepare and sends approval and denial letters

Record data on the status of loans, including number of new applications and loans approved, cancelled or denied

What we are looking for:

5+ years of experience 

Demonstrated experience in Encompass 

Demonstrated experience working in a fast paced and changing environment.

Demonstrated experience using available information to make sound business decisions

Demonstrated experience with attention to detail, written and oral communication, multi-tasking, and working in a team atmosphere adhering to tight deadlines

Solid knowledge and understanding of state and federal real estate lending regulations.

Solid knowledge and understanding of loan processing software systems.

Solid knowledge and understanding of desktop underwriting programs.

Extensive knowledge and understanding of customer service and intrapersonal best practices.

Solid knowledge and understanding of conventional and government (FHA/VA) loan requirements

Where you will work:

Chicago, IL branch location

Hybrid position.  In office, three (3) days a week

What Fairway can offer YOU 

Competitive compensation

Benefits include medical and dental insurance.

Life and Disability insurance

Matching 401k

Employee Stock Ownership Plan

Paid Time Off plus company-paid holidays

Employee discounts for wellness, pet insurance, auto and homeowner’s insurance, and MORE



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