Illinois Licensed Loan Processor

Location: Remote
Compensation: Hourly
Reviewed: Fri, Apr 11, 2025
This job expires in: 23 days

Job Summary

A company is looking for a Loan Processor to join their Consumer Direct team.

Key Responsibilities
  • Process residential mortgage loan files from initial application to funding, ensuring timely and accurate packaging
  • Review loan applications and gather necessary documents to support the loan approval process
  • Ensure all loan documentation is complete, accurate, and complies with company and investor policies
Required Qualifications
  • High School Diploma or GED Equivalent
  • Minimum of 3 years of experience in Mortgage Processing, specifically in Purchase and Jumbo loans
  • Strong working knowledge of Encompass and familiarity with FNMA, FHLMC, FHA, and VA guidelines
  • Proficiency with DU and LP, FHA Connection, and VA Portal
  • Adept at calculating income from salaried and self-employed borrowers

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