Top 1 Senior mortgage processor Jobs in Oakbrook Terrace, Il

Senior Underwriter
Constructive Loans, LLC —Oakbrook Terrace, IL
- $49 - $53 an hour
- Remote
- Microsoft Word
- 5 years
- Residential
- Paid parental leave
- Health savings account
Quick Apply
11d

Check out these similar jobs

Based on your search for senior mortgage processor jobs.

Senior Underwriter
Constructive Loans, LLC —Oakbrook Terrace, IL
Reporting to the Underwriting Manager, this position is responsible for evaluating, analyzing and decisioning the acceptability of risk on complex loan…
$49 - $53 an hour
Quick Apply
11d
VP, Senior Property Underwriter, Treaty
SCOR —Chicago, IL
Attend industry conventions to promote SCOR and develop business relationships Account Management. Willingness to travel up to 25% of the time and dedicate a…
$218,000 - $294,500 a year

Show more similar jobs

Explore jobs in cities nearby

Check out jobs in cities near your current location, Columbus

Senior Mortgage Loan Officer
Honda —Marysville, OH
Initiate outbound sales calls, visit branches, participate in homebuyer seminars, and build relationships with realtors and title companies.
$50,400 - $75,500 a year
Senior Virtual Loan Processor
Northwest Bank —Columbus, OH
The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and…
Quick Apply
4d

I want to receive the latest job alert for senior mortgage processor in oakbrook terrace, il

By signing in to your account, you agree to SimplyHired's Terms of Service and consent to our Cookie and Privacy Policy.

Explore jobs in more locations

senior mortgage processor jobs near oakbrook terrace, il

Senior Underwriter jobs in El Segundo, CA

Underwriter jobs in Salt Lake City, UT

Part Time Senior Citizen Jobs jobs in New Jersey

Senior Underwriter jobs in Cambridge, MA

Jobs For Senior Citizens jobs in Mooresville, NC

Senior Underwriter jobs in Maryland

Senior Underwriter jobs in Chicago, IL

Senior Underwriter

Constructive Loans, LLC -
Oakbrook Terrace, IL

Quick Apply

Job Details

$49 - $53 an hour
11 days ago

Benefits

Paid parental leave
Health savings account
Paid holidays
Health insurance
Dental insurance
Flexible spending account
Paid time off
Parental leave
Vision insurance
401(k) matching

Qualifications

Microsoft Word
Presentation software
Consumer lending analysis in risk and credit
Employee relationship building
Real estate (financial collateral)
Data-driven problem-solving
Collateral evaluation (loan underwriting)
Manual underwriting
Credit report analysis
Debt risk assessment
Financial acumen

Full Job Description

Position Overview

Reporting to the Underwriting Manager, this position is responsible for evaluating, analyzing and decisioning the acceptability of risk on complex loan transactions through detailed analysis of a borrower's credit, financial profile, track record and collateral characteristics. This role will ensure credit recommendations and property financing loan approvals conform to the established and defined underwriting guidelines and investor purchasing requirements. This position is a liaison between sales and operations and partners with mortgage originators, processors and closers to qualify mortgage loans, clear closings and support resolution of complex underwriting scenarios.

Additionally, this role will partner with borrowers and stakeholders to identify financing solutions for residential investment projects. This position is responsible for maintaining thorough records of decisions and communications, while providing clear explanations of underwriting actions to stakeholders and serving as a senior resource to support consistent application of underwriting standards.

Core Functions and Responsibilities

Evaluate and analyze complex loan applications and financial documents to determine borrower creditworthiness.
Assess property values, collateral characteristics and risk factors in accordance with underwriting guidelines.
Ensure all mortgages are investment quality acceptable for sale to the Company's secondary market conduits.
Make informed decisions on loan approvals, conditions, escalations or denials based on thorough analysis.
Identify and describe compensating factors when communicating loan exception requests when warranted.
Produce detailed Credit Memorandums addressed to the Loan Approval and Credit Committee.
Partner with the mortgage originators and processors to decision mortgage applications, including complex or escalated scenarios.
Partner with the processors and closers to clear closing conditions and resolve complex underwriting matters.
Resolve various inquiries through clear and detailed explanations and sound underwriting rationale.
Serve as a liaison between sales and operations management team and as a senior resource for underwriting guidance.
Perform other duties and responsibilities as assigned.

Qualifications

Bachelor's degree in Business, Finance or related field (or equivalent combination of years of experience with High School diploma/GED)
5+ years' experience in mortgage loan underwriting
5+ years' experience in customer service
Experience underwriting complex mortgage, residential investment or property financing loan transactions
Demonstrated ability to evaluate credit risk, collateral risk, borrower financial strength and compensating factors
Extensive knowledge of generally acceptable underwriting and lending practices
Strong skills in MS Word, Excel and PowerPoint

Skills & Abilities

Ability to exercise sound independent judgement within established guidelines and risk parameters
Strong ability to communicate underwriting decisions clearly, professionally and with supporting rationale
Ability to support and guide peers through complex underwriting questions and scenarios
Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization
Collaborative and consultative work style; high team-orientation
Open to change; agile; high learning agility
Strong problem-solving abilities coupled with sound judgement
Ability to analyze and interpret data to identify opportunities and propose solutions
Strong project management skills
Strong attention to detail; strong compliance orientation; high quality of work product
Ability to effectively prioritize under tight deadlines in a fast-paced, dynamic environment; effective time management
Self-directed; ability to proactively ask questions and surface issues/concerns
Professional maturity, integrity, ability to maintain confidential data and information
Strong business acumen; strong fiscal and technical aptitude

Compensation

Hiring Range: $49.00-$53.00 per hour

Compensation within this range may vary based on each candidate's job-related expertise, skills, and experience. Final offers are determined individually, reflecting the unique qualifications of each candidate.

Benefits Include

Paid Time Off (PTO)
Floating Holiday
Paid Parental Leave
Medical
Dental
Vision
Life & Disability
FSA/HSA
Fidelity 401(k) with employer match

Location: Remote

Quick Apply

Refine Your Search

senior mortgage processor jobs in oakbrook terrace, il

Senior Underwriter

Check out these similar jobs

Explore jobs in cities nearby

I want to receive the latest job alert for senior mortgage processor in oakbrook terrace, il

Explore jobs in more locations

Position Overview

Core Functions and Responsibilities

Qualifications

Skills & Abilities

Compensation

Benefits Include

Job Seeker Tools

Employer Tools

Browse

Stay Connected