Job Opening: Mortgage loan Assistant

Company
Devon Bank
Location
Chicago, IL
Posted on
May 11, 2024

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/11877814

Mortgage Loan Assistant

CHICAGO, IL

Description

We are seeking a highly organized and detail-oriented individual to join our team as a Mortgage Loan Assistant. The Mortgage Loan Assistant will work closely with our loan officers and borrowers to facilitate the mortgage application process. This role requires excellent communication skills, a strong understanding of mortgage lending procedures, and the ability to multitask effectively in a fast-paced environment.

Responsibilities:

Assist with Loan Applications: Guide borrowers through the mortgage application process, collecting necessary documentation, and ensuring all forms are completed accurately and on time.

Communication: Serve as a primary point of contact for borrowers, providing updates on the status of their loan applications and answering any questions they may have.

Data Entry and Processing: Input borrower information into our loan processing system, ensuring accuracy and completeness of all data.

Document Preparation: Prepare loan documents for underwriting and closing, ensuring all necessary paperwork is in order and compliant with regulatory requirements.

Coordinate with Team Members: Collaborate with loan officers, underwriters, and other team members to ensure smooth and efficient processing of mortgage applications.

Follow-Up: Follow up with borrowers, real estate agents, and other parties involved in the mortgage process to obtain any missing documentation or information.

Compliance: Maintain an up-to-date understanding of mortgage lending regulations and ensure all loan activities comply with applicable laws and guidelines.

Administrative Support: Provide general administrative support to the loan officers, such as scheduling appointments, managing calendars, and handling phone calls.

Benefits:

Competitive salary

Health, dental, and vision insurance

Retirement savings plan

Paid time off and holidays

Opportunities for career advancement and professional development

Requirements

Previous experience in mortgage lending or banking is highly desirable.

Strong organizational skills and attention to detail.

Excellent communication and interpersonal skills.

Ability to work effectively in a team environment.

Proficiency in Microsoft Office Suite and loan processing software-Encompass preferred.

Knowledge of mortgage lending regulations and compliance requirements desirable.

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