Sr. Loan Processor Job in Chicago, Illinois US
Sr. Loan Processor
As part of JPMorgan Chase, a leading global financial services firm, Chase has locations nationwide to serve our home lending customers with their mortgage or home equity loans. Our Loan Processors are dedicated to providing world class service that will maintain and grow a customer's relationship with Chase. As a Loan Processor, you will: 1. Communicate directly with customers and agents to achieve an ideal customer experience 2. Review rate lock and point objectives for accuracy 3. Ensure all pricing and fees are accurate 4. Understand and abide by all Chase and Federal Compliance regulations 5. Review title insurance, flood, tax certificates, and surveys to ensure they meet Chase guidelines 6. Prepare and calculate income and assets thoroughly before submission to underwriting, when applicable 7. Review and understand an agreement of sale 8. Meet all closing and commitment dates 9. Obtain and review documents for acceptability against loan conditions 10. Perform all validation requirements on applicable loan files 11. Coordinate with buyers, sellers, title companies, escrow agents, surveyors, and real estate agents to schedule loan closings 12. Manage pipeline via daily pipeline reporting 13. Effectively manage a minimum of 60 loans in process while achieving acceptable cycle times 14. Achieve and maintain acceptable customer satisfaction levels These positions will be located downtown Chicago This position will require / requires National Mortgage Licensing System and Registry (NMLS) registration under the terms of the Safe Act of 2008. As such, upon active employment with JP Morgan Chase, you will be required to either register via the NMLS registry or re-register and move your previous registration to JP Morgan Chase's registration rolls. Your continued employment in this position with JP Morgan Chase is contingent upon successful registration after your start date and annual re-registration thereafter. In addition, information obtained during the registration process may impact your employment with the firm. Further information about the registry and the requirements of registration can be found at: http://mortgage.nationwidelicensingsystem.org/SAFE/Pages/default.aspx You will be provided with detailed instructions on how to fulfill these compliance requirements upon joining the firm.