Loan Specialist

M/I Homes Inc.; Naperville, Northern (IL, KY); Hybrid; USD 33,000 - 50,000; Full time

Benefits offered by this job

Medical insurance

Dental & Vision

401(k)

Paid time off

Parental leave

Job summary

M/I Homes Inc. in Naperville, IL is seeking a Mortgage Loan Processor to handle FHA, VA and Conventional loan applications, preparing packages for approval and ensuring accuracy.

The role is non-exempt, hourly pay $24.04–$36.57, with overtime eligibility and potential bonus based on performance.

Candidates should have a high school diploma and 2–3 years of related experience; Encompass experience is a plus.

Qualifications

• High school diploma plus 1+ year of relevant coursework or training.
• 2–3 years of related loan processing experience preferred.
• Experience with Encompass is a plus.

Responsibilities

• Gather information from borrowers to support loan approvals.
• Collect and verify documents from applicants and creditors.
• Prepare and submit loan packages for underwriting.
• Coordinate with underwriters to resolve issues.
• Support special projects as needed.

Skills

Customer service

Verbal communication

Written communication

Attention to detail

Administrative skills

Education

High school diploma

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.

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.

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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