Loan Processor III Temporary

Reposted 7 Days Ago
Be an Early Applicant
Rosemont, IL, USA
In-Office
50K-66K Annually
Senior level
Fintech • Information Technology • Marketing Tech • Financial Services
Committed to being an employer of choice through strong principles, shared values, and distinctive culture.
The Role
The Loan Processor III processes various loan types and ensures compliance and deadlines are met while maintaining strong relationships with partners. Key responsibilities include loan review, income calculation, and strong customer service skills.
Summary Generated by Built In

Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service, federally chartered lender with offices located across the country, we’re dedicated to providing customers with a wide range of mortgage products and have the capability to lend in all 50 states. To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market. Wintrust Mortgage is part of Wintrust, a financial services company with more than $66 billion in assets.

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 years) and Employee Recommended award by the Globe & Mail (past 6 years)

  • Competitive pay and discretionary or incentive bonus eligible

  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few

  • Family-friendly work hours

  • With 175+ community bank locations, we offer opportunities to grow and develop in your career

  • Promote from within culture

Why join this team?

  • We have a culture that encourages an entrepreneurial spirit

  • We offer multiple opportunities for development and upward mobility

What You’ll Do:

The Loan Processor III processes conventional, FHA, VA, USDA, Bond, Jumbo, Construction-to-Perm, renovation loans and brokered loans.

  • High customer services skills are a must – our most successful Processors communicate often and accurately with the borrower and other professionals

  • Successful Processors care about doing things the Right Way, and exhibit high ethical and compliance standards

  • Our best Processors have proven time management and strong organizational skills

  • As we help people maintain their homeownership needs, we ensure all deadlines are met – contingency, closing, and lock expiration

  • Successful Processors will build strong relationships with our Sales Partners, Underwriting and Closing peers

  • Processing conventional, FHA, VA, USDA, Bond, Jumbo, Construction-to-Perm, renovation loans and brokered loans

  • Responsible for review and analysis of the credit file to include income, assets, contract, and disclosures

  • Can 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

  • Has a target caseload of 32 - 37 loans

  • Possess effective problem-solving skills

Qualifications:

  • 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

  • Bilingual candidates are a plus

  • Encompass experience

  • High School Diploma

  • Advanced Computer Skills

Benefits:

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation:

The estimated annual salary range for this role is $50,000-$65,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life.  To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Skills Required

  • 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
  • High School Diploma
  • Encompass experience
  • Bilingual candidates are a plus
  • Advanced Computer Skills

Wintrust Financial Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Wintrust Financial Corporation and has not been reviewed or approved by Wintrust Financial Corporation.

  • Affordable Benefits Employer covers a large share of medical premiums, making health coverage comparatively low cost. Plan options are broad and pair with HSA/FSA choices and wellbeing programs.
  • Parental & Family Support Paid maternity, parental, and adoption leave are structured and fully paid, with backup childcare access through Bright Horizons. Adoption assistance and family support resources further strengthen caregiving support.
  • Retirement Support A 401(k) with a company match and an employee stock purchase plan provide multiple savings and ownership avenues. Match mechanics and plan access are noted features of the total rewards offering.

Wintrust Financial Corporation Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Rosemont, IL
5,284 Employees
Year Founded: 1991

What We Do

Wintrust Financial (Wintrust) is a financial services holding company based in Rosemont, Illinois, with $50 billion in assets. Wintrust engages in the business of providing traditional community banking services, wealth management services, commercial insurance premium financing, mortgage origination and more.

Gallery

Gallery

Similar Jobs

Circle Logo Circle

Senior Counsel

Blockchain • Fintech • Payments • Financial Services • Cryptocurrency • Web3
In-Office or Remote
26 Locations
1050 Employees
230K-298K Annually
In-Office or Remote
Chicago, IL, USA
1805 Employees
62K-120K Annually

UL Solutions Logo UL Solutions

Accounting Manager

Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Hybrid
Northbrook, IL, USA
15000 Employees
128K-160K Annually

UL Solutions Logo UL Solutions

Corporate Counsel

Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Hybrid
2 Locations
15000 Employees
170K-190K Annually

Similar Companies Hiring

Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
178 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account