Mortgage Loan Processor - To 25/hr - Rockford, IL - Job 3858-5035
The Symicor Group•Rockford, IL
•$25•Onsite
About The Position
The Symicor Group’s community bank client is seeking a Mortgage Loan Processor in the Rockford, Illinois market. The successful candidate manages residential mortgage loan files from application through underwriting, ensuring documentation is complete, accurate, and compliant with lending regulations. The role involves coordinating with borrowers, loan officers, underwriters, title companies, and other third parties to facilitate timely loan closings. This is not a remote position. The job offers an hourly rate of up to $25 per hour and an excellent benefits program.
Requirements
- High school diploma or equivalent.
- Knowledge of conventional, FHA, VA, and USDA loan programs.
- Familiarity with mortgage compliance regulations and documentation requirements.
- Experience using loan origination systems such as Encompass or similar software.
- Knowledge of 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.
Nice To Haves
- Associate’s or bachelor’s degree preferred.
- 1–3 years of mortgage processing or mortgage industry experience preferred.
- Mortgage processing certification preferred but not required.
Responsibilities
- Review mortgage applications for completeness and accuracy.
- Collect and verify required income, asset, employment, credit, and property documentation.
- Order and track appraisals, title reports, flood certifications, and other required documents.
- Prepare loan files for underwriting and submit complete packages.
- Contact borrowers to obtain missing documentation and provide status updates.
- Coordinate with loan officers, underwriters, escrow and 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.
Benefits
- Excellent benefits program
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What This Job Offers
Job Type
Full-time
Education Level
High school or GED
