Job Information
Robert Half Mortgage Processor in Schaumburg, Illinois
Description
We are looking for a dedicated Mortgage Processor to join our team in Schaumburg, Illinois. In this long-term contract to permanent position, you will play a key role in managing loan files, ensuring compliance, and delivering excellent service to both borrowers and stakeholders. This opportunity is ideal for individuals with strong attention to detail and a passion for working in the fast-paced mortgage industry.
Responsibilities:
• Manage a high-volume pipeline of loan applications while maintaining accuracy and efficiency.
• Analyze borrower financial information, including income, assets, and debt ratios, to determine eligibility across various loan programs.
• Review credit reports, titles, purchase contracts, and appraisals to identify discrepancies and ensure compliance with regulations.
• Conduct verbal verifications of employment (VOEs) and communicate with borrowers about documentation deadlines.
• Validate new loan submissions within 48 hours, ensuring all necessary information is logged and files are complete for underwriting.
• Monitor contingency and closing timelines, notifying loan officers when adjustments are required.
• Collect and organize loan documentation using established checklists to prepare files for underwriting decisions.
• Apply knowledge of Freddie Mac guidelines, AllRegs, and mortgage red-flag standards to ensure loan quality.
• Provide backup processing support to team members during high-volume periods or absences.
• Maintain consistent communication with all parties involved to ensure smooth processing and timely updates.
Requirements • Minimum of 3 years of experience in loan processing, including conforming, FHA, VA, 203K, and subprime programs.
• Strong knowledge of mortgage compliance standards, including Know Before You Owe regulations.
• Proficiency in QC practices, fraud detection, and systems such as Desktop Underwriter (DU) and Loan Prospector (LP).
• Skilled in using Microsoft Office applications and capable of multitasking in a fast-paced environment.
• Excellent communication skills with the ability to engage effectively with borrowers and team members.
• Highly organized and detail-oriented, with strong problem-solving skills.
• High school diploma or equivalent required.
• Familiarity with Encompass and other loan processing software is preferred.
Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.
Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more.
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All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information.
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