Loan Processor III

Wintrust Financial Corporation•Rosemont, IL

1d•Onsite

About The Position

Wintrust Mortgage, established in 1981, is a full-service, federally chartered lender operating nationwide with offices across the country and the capability to lend in all 50 states. They offer a comprehensive range of mortgage products, including conventional, FHA, VA, and other specialized loan programs, designed to meet the evolving needs of the market. As part of Wintrust, a financial services company with over $66 billion in assets, Wintrust Mortgage is recognized for its award-winning culture, having been rated a Top Workplace by the Chicago Tribune for eight consecutive years and receiving the Employee Recommended award by the Globe & Mail for six years. The company provides competitive pay, eligibility for discretionary or incentive bonuses, and a comprehensive benefits package. They emphasize family-friendly work hours and offer numerous opportunities for career growth and development within their extensive network of over 175 community bank locations, fostering an entrepreneurial spirit and a culture of internal promotion. The Loan Processor III role is central to helping customers achieve homeownership by processing various loan types, requiring exceptional customer service, high ethical and compliance standards, strong time management, and organizational skills to ensure all deadlines are met and robust relationships are built with sales, underwriting, and closing partners.

Requirements

7+ years of experience as a Mortgage Processor
Experience with Conventional, Jumbo, Construction-to-Perm, Bond, Renovation and Government lending programs
Wage Earner and Self-Employed income calculation experience is required
High School Diploma
Advanced Computer Skills
Possess effective problem-solving skills
High customer services skills are a must
Care about doing things the Right Way, and exhibit high ethical and compliance standards
Proven time management and strong organizational skills

Nice To Haves

Bilingual candidates are a plus
Encompass experience

Responsibilities

Process conventional, FHA, VA, USDA, Bond, Jumbo, Construction-to-Perm, renovation loans and brokered loans
Review and analyze the credit file to include income, assets, contract, and disclosures
Calculate various income: wage earner, SSN, Disability, Schedule C Self Employed, Complex Self Employed with multiple businesses, Dividend & Interest income, Capital Gains income, P&L income, Multiple property rental income
Maintain a target caseload of 32 - 37 loans
Communicate often and accurately with the borrower and other professionals
Ensure all deadlines are met – contingency, closing, and lock expiration
Build strong relationships with Sales Partners, Underwriting and Closing peers