Mortgage Loan Processor

Be part of a team that's committed to making a difference. We believe in our work and our customers.

Position Location

Remote Type

Hybrid

Office Location (if not fully remote):

9205 S. IL Route 31 , Lake in the Hills, Illinois 60156

Job Description

We are looking for a highly experienced Branch Processor to join our Lake in the Hills branch!

The Branch Processor is responsible for the end-to-end processing of loan applications. You will own the file from the moment the contract is received until the loan successfully closes, analyzing creditworthiness, reviewing AUS guidelines, and managing the documentation flow.

How you will contribute:

• Take full ownership of the file, ensuring a seamless transition through every milestone until funding.

• Compile financial data and essential documentation to construct a comprehensive loan package.

• Evaluate applications, assess borrower creditworthiness, and meticulously review title commitments and fees.

• Navigate AUS/Guidelines with precision to meet all mortgage lending and investor standards.

• Ensure 100% file completeness before submission to Underwriting, escalating complex files for further evaluation when necessary.

• Provide a white-glove service experience to borrowers.

• Act as the central point of contact between all parties to resolve documentation gaps and keep the processing moving.

• Record and track loan statuses, managing approvals, cancellations, and denials with close attention to detail.

Experience and Expertise:

• 10+ years of experience in mortgage lending, specifically within the processing function.

• Hands-on experience with Encompass360.

• Deep understanding of Conventional, FHA, VA, USDA, and Bond Loans.

• Proven track record of managing the entire loan process lifecycle and an understanding of escrow, taxes, title commitments, and insurance.

• You excel in fast-paced environments and can juggle multiple projects.

Location:

• Work from home the majority of the week, then join us in the office on Tuesdays for a day dedicated to team collaboration and cross-departmental partnership.

Pay starts at $31.25/hour, with the final rate based on depth of experience and branch performance.

Fairway Home Mortgage, founded in 1996, is a nationwide leader in the mortgage industry. Customer service is at the heart of everything we do. We deliver personalized loan solutions with some of the fastest turn times in the industry. Our mission is to act as trusted advisors, guiding clients through every step of the mortgage process to exceed expectations and ensure satisfaction.

Our culture promotes innovation, growth, and collaboration, offering exciting career paths and professional development. Whether you're starting out or advancing your career, Fairway is a place where your skills and ambitions can thrive.

Current Employees: Head to the Fairway Careers Hub in Workday for internal job openings.

We post some job openings internally for our employees and others externally for the general public. If you cannot find the perfect role right now, do not hesitate to contact the Careers Team at [email protected]. We can answer any questions and keep you updated on future opportunities.

View our E-Verify and Right to Work notices HERE.

Important Notice to Job Seekers! We’ve been made aware of fraudulent messages falsely claiming to be from Fairway recruiters, including links to assessments. These are not legitimate and are not affiliated with Fairway Independent Mortgage Corporation. We’re working with our Information Security team to address this issue. Thank you for your vigilance and continued interest in joining Fairway! All official communication will come from verified Fairway email addresses or our official LinkedIn page. If you receive a suspicious message, please do not click any links and notify us.