Loan Originator Assistant

Wintrust Financial Corporation; Schaumburg (IL); On-site; USD 17,000 - 24,000; Full time

Benefits offered by this job

Medical Insurance

401(k) with company match

Tuition reimbursement

Parental leave

Job summary

Wintrust Mortgage in Schaumburg, IL, is seeking a Loan Originator Assistant to support the loan process from origination through closing. You will monitor files, ensure accuracy and compliance, and coordinate with borrowers, attorneys, and agents.

You will also help market the Loan Officer’s services, manage daily transactions, and prepare documentation for processing and underwriting, leveraging your mortgage knowledge to close loans efficiently.

Qualifications

• High school diploma or equivalent (required).
• Excellent multitasking, interpersonal, organizational, communication and telephone etiquette skills.
• Self-starter, motivated, energetic with strong time-management skills.
• Ability to work independently and take direction.
• Updated knowledge of mortgage guidelines (Fannie/Freddie).
• Working knowledge of MS Word, Excel and Internet.
• Minimum 3–5 years mortgage banking experience or related sales/marketing experience.
• Encompass experience preferred.

Responsibilities

• Assist in the origination, processing, and closing of loans.
• Monitor the status of each file and ensure accurate and efficient processing through closing, including guideline research.
• Review files to ensure completeness, accuracy, and compliance.
• Work with internal and external customers.
• Reach out to referral sources (attorneys, agents, etc.) on the Loan Officer’s behalf.
• Assist in marketing the Loan Officer’s services to new prospective referral partners, using marketing materials.
• Manage day-to-day transactions and relationships with customers and vendors.
• Meet with potential borrowers to analyze financial situation and needs for purchase or refinance, gather documentation for the loan process.
• Provide necessary documentation to processing and underwriting to ensure timely closings.
• Must have working knowledge of mortgage loans and procedures.
• Other duties as assigned.

Skills

Multitasking

Communication

Interpersonal skills

Time management

Education

High school diploma or equivalent

Tools

Encompass

MS Word

Excel

Internet

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 $66 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)* 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**As a Loan Originator Assistant, responsibilities include:*** Assist in the origination, processing, and closing of loans.* Monitor the status of each file and ensure accurate and efficient processing through closing to include guideline research.* Review files to ensure completeness, accuracy, and compliance.* Work with internal and external customers.* Reach out to referral sources (attorneys, agents, etc.) on the Loan Officer’s behalf.* Assist in marketing the Loan Officer’s services to new prospective referral partners, by utilizing marketing materials.* Manage day-to-day transactions and relationships with customers and vendors.* Meet with potential borrowers to analyze financial situation and needs for purchase or refinance, gather necessary documentation for the loan process, etc.* Provide necessary documentation to processing and underwriting departments to ensure timely loan closings.* Must have a working knowledge of mortgage loans and or/loan procedures.* Other duties as assigned.**Job Requirements:*** High school or equivalent degree.* Must have excellent multi-tasking, interpersonal, organizational, communication (both written and oral), and telephone etiquette skills.* Must be a self-starter, motivated, energetic, with excellent time-management skills.* Ability to work independently and take direction.* Updated and Current knowledge of Fannie/Freddie guidelines.* Must possess a working knowledge of computers to include MS Word, Excel, and Internet.* Minimum of 3-5 years (current) mortgage banking experience or related experience in sales/marketing.* Encompass experience preferred.**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 minimum estimated hourly rate for this role is $15.00, along with eligibility to earn monthly commissions. Actual pay rate may vary based on several factors, such as a candidate’s location, 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.