Wintrust Financial

Loan Processor II (Temp)

  • Wintrust Financial
  • Lisle, IL
  • Full Time
  • 12 days ago
Salary
$39K - $54K / Year

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Job Description

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 $50 billion in assets.

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 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:

  • Ensure completeness of application (1003).

  • Issue needs letter and/or loan status letter to client and loan officer.

  • Follow up and ensure receipt of requested documentation on timeline to ensure submission of file to Underwriting no less than 10-days prior to estimated closing date, lock expiration or contingency date (earliest of all dates).

  • Pull Fraud Reports and obtain information to clear low and/or moderate impact findings as needed, obtain documentation to support clearance of items. Document any high-impact alerts to UW to clear.

  • Ensure 100% compliance with internal fraud prevention procedures and other Wintrust procedures.

  • May schedule closing date and time with borrowers, LOs, and title companies.

  • Completes doc funding form and turn file with doc funding request into Closing Department.

  • Meet or discuss with Loan Officer(s) weekly to review pipeline

Qualifications:

  • Processes conventional, FHA, VA, USDA, Bond, Jumbo, and brokered loans.

  • Multiple investor experience.

  • Responsible for credit review to include income and assets.

  • 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.

  • May be able to clear some UW conditions.

  • Has a target caseload of 30 loans.

  • Demonstrated problem-solving skills.

  • Good communication skills.

  • The ability to multi-task.

  • 5-10 years of proven 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 be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

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