Loan Specialist

M/I Homes, Inc.; Naperville (IL); On-site; USD 33,117 - 50,378; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) options

Paid time off (PTO)

Paid holidays

Job summary

M/I Homes, Inc. is seeking a skilled Mortgage Loan Processor to manage FHA, VA, and Conventional loan applications in Naperville, Illinois. The role requires strong customer service skills and a significant understanding of loan processing fundamentals.

A comprehensive benefits package is provided, including medical, dental, vision insurance, and more. Join a company committed to developing diverse talent and maintaining a supportive workplace environment.

Qualifications

• Minimum of two to three years of related experience and/or training.
• General knowledge of loan processing and underwriting fundamentals.

Responsibilities

• Gather specific information from loan applicants for approval.
• Process necessary documentation to verify financial information.
• Review and assemble accurate loan information in a timely manner.
• Communicate with applicants and underwriters to resolve issues.
• Perform additional duties as required.

Skills

Customer-service oriented

Good verbal and written communication skills

Excellent organization skills

Detail-oriented aptitude

General administrative abilities

Education

High school graduate

Relevant course study including seminars and workshops

Tools

Encompass

Job description

M/I Homes has been building new homes of outstanding quality and superior design for 50 years. Founded in 1976 by Irving and Melvin Schottenstein and guided by Irving's drive to always "treat the customer right," we have fulfilled the dreams of over 170,000 homeowners and grown to become one of the nation's leading homebuilders. M/I Homes started as a family business and grew into a national leader in a single generation with divisions in 17 markets, including Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Detroit, Ft. Myers/Naples, Houston, Indianapolis, Minneapolis, Nashville, Orlando, Raleigh, San Antonio, Sarasota, and Tampa.

Job Summary

Processes applicable documentation for FHA, VA and Conventional mortgage loan applications and prepares required packages for loan approval.

Hourly Rate: $24.04 - $36.57 per hour. This position is non-exempt and eligible for overtime pay for all hours worked in a workweek over 40.

This position is eligible for a bonus at the discretion of management, based upon considerations that include the division's and candidate's overall performance.

Duties And Responsibilities

• Work with loan applicant(s) to gather specific information relative to credit, employment, and financial history to obtain a loan approval
• Gathers, analyzes, and processes necessary documentation from applicant(s), credit bureaus, employers, and various creditors to verify financial information and credit standings
• Reviews and assemble accurate loan information in a timely manner to obtain applicable loan approvals
• Communicates with applicant(s), underwriters and/or creditors to resolve problems or questions regarding application information
• Assists with special projects as requested and perform additional duties as required.

Requirements

High school graduate with at least one year of relevant course study including seminars and workshops combined with at least two to three years of related experience and/or training; general knowledge of loan processing and underwriting fundamentals.

Experience using Encompass is a plus.

Skills And Abilities

Customer-service oriented with good verbal and written communication skills for interaction with a variety of people inside and outside of the organization. Ability to elicit, interpret, analyze, and evaluate given information relative to underwriting guidelines and lender requirements. Excellent organization skills and detail-oriented aptitude. General administrative abilities to include typing, filing and use of computer, calculator, copier, and facsimile machines.

Work Conditions

Some weekend work may be required.

Benefits

M/I Homes offers a comprehensive benefits package, including medical, dental and vision insurance, company paid life and disability insurance, optional supplemental life insurance, Health Savings Accounts and Flexible Spending Accounts, paid time off (PTO) and paid holidays, paid parental leave, traditional and Roth 401(k) options, a profit sharing plan, an employee stock purchase plan, an employee home purchase plan and more.

We are committed to attracting, developing, and retaining diverse talent that reflects the customers we serve and the communities where we live and work.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

M/I Financial, LLC 4131 Worth Ave, Suite 460, Columbus, OH 43219. Company NMLS# 50684. For information on MIF licensing, please visit https://www.mihomes.com/financing.

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