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Mortgage Loan Processor

CIBC Worth, Illinois
loan loan team sales accommodation mortgage banking loans procedures officer items attorneys ctc closing
August 4, 2022
CIBC
Worth, Illinois
  • We're building a relationship-oriented bank for the modern world.
  • We need talented, passionate professionals who are dedicated to doing what's right for our clients.
  • At CIBC, we embrace your strengths and your ambitions, so you are empowered at work.
  • Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
  • To learn more about CIBC, please visit CIBC.comJob Description Job Overview:The Mortgage Loan Processor will be part of the National Mortgage Banking team.
  • This position will be responsible for processing mortgage loans that are generated from internal lines of business within the bank, as well as outside leads generated by our internal sales team in accordance with the banks policies and procedures.
  • Responsibilities:Our Loan Processors work closely with the borrower, from contract to close, with providing prompt, efficient, and friendly service to customers and sales staff.
  • Review new loan submissions from the Loan Officer within 48 hours of receiptRequest any additional items needed from Borrower, Realtors, or Attorneys to complete the documentation required for underwriting.
  • Submit the Loan to our Underwriting Department for initial review, obtain a Conditional Commitment, and continue to gather the documentation to satisfy each condition, and then resubmit the loan back to Underwriting to obtain the Final Clear to Close.
  • Once the loan is conditionally approved, you will be responsible for requesting the CD from our CD Desk. Once the Loan is CTC, you will be responsible for completion of our Pre Fund Audit prior to hand off to the Closing Department.
  • Enjoy working in a fast paced environment and being a team player.
  • Qualifications:High School Diploma or equivalent.
  • We all are accountable for managing risk.
  • As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture.
  • We seek applicants with a wide range of abilities and we provide an accessible candidate experience.
  • If you need accommodation, please contact [email protected] need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permitCIBC is committed to doing our part to protect our team, our clients and our communities.
  • We want to ensure we have a safe and healthy workplace, and we want to do our part to get through this pandemic.
  • In keeping with this commitment, and as a condition of employment, CIBC requires all successful candidates to be fully vaccinated against COVID-19 as of their start date, or provide written proof of a medical exemption, or other substantiated accommodation request under applicable human rights legislation.

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