Mortgage Loan Processor/Closer – To $56K – Chicago, IL – Job # 3827-6115
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our community bank client is seeking to fill a Mortgage Loan Processor/Closer role in the Chicago, IL market. The successful candidate will be responsible for managing residential mortgage loan files from application through underwriting. This role ensures all documentation is complete, accurate, and compliant with lending regulations while coordinating with borrowers, loan officers, underwriters, title companies, and other third parties to facilitate a timely loan closing.
The position includes a generous salary of up to $56K and an excellent benefits program. (This is not a remote position.)
Mortgage Loan Processor/Closer responsibilities include:
Review mortgage applications for completeness and accuracy.
Collect and verify required documentation, including income, assets, employment, credit, and property information.
Order and track appraisals, title reports, flood certifications, and other required documents.
Prepare loan files for underwriting and submit complete packages.
Communicate with borrowers to obtain missing documentation and provide status updates.
Work closely with loan officers, underwriters, escrow/title companies, and closing agents.
Review underwriting conditions and coordinate with borrowers to satisfy outstanding requirements.
Ensure compliance with federal, state, investor, and company lending guidelines.
Maintain accurate loan records and update loan origination systems.
Monitor loan timelines to meet closing deadlines.
Resolve documentation discrepancies and identify potential issues before closing.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
High school diploma or equivalent; associate’s or bachelor’s degree preferred.
1–3 years of mortgage processing or mortgage industry experience preferred.
Knowledge of conventional, FHA, VA, and USDA loan programs.
Familiarity with mortgage compliance regulations and documentation requirements.
Experience using Loan Origination Systems (LOS) such as Encompass or similar software.
Mortgage processing certification (preferred but not required)
Experience with Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines
Knowledge of TRID, RESPA, TILA, and HMDA regulations
Proficiency with Microsoft Office, particularly Word, Excel, and Outlook.