Mortgage Loan Processor - To 25/hr - Rockford, IL - Job 3858-5035

The Position

Our community bank client is seeking to fill a Mortgage Loan Processor role in the Rockford, IL market. The successful candidate will be responsible for managing residential mortgage loan files from application through underwriting. This role ensures all documentation is complete, accurate, and compliant with lending regulations while coordinating with borrowers, loan officers, underwriters, title companies, and other third parties to facilitate a timely loan closing.

The position includes a generous hourly rate of up to $25/hr and an excellent benefits program. (This is not a remote position.)

Mortgage Loan Processor responsibilities include

• Review mortgage applications for completeness and accuracy.
• Collect and verify required documentation, including income, assets, employment, credit, and property information.
• Order and track appraisals, title reports, flood certifications, and other required documents.
• Prepare loan files for underwriting and submit complete packages.
• Communicate with borrowers to obtain missing documentation and provide status updates.
• Work closely with loan officers, underwriters, escrow/title companies, and closing agents.
• Review underwriting conditions and coordinate with borrowers to satisfy outstanding requirements.
• Ensure compliance with federal, state, investor, and company lending guidelines.
• Maintain accurate loan records and update loan origination systems.
• Monitor loan timelines to meet closing deadlines.
• Resolve documentation discrepancies and identify potential issues before closing.

Who Are You?

• You’re someone who wants to influence your own development.
• You’re looking for an opportunity where you can pursue your interests and your passion.
• Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience

• High school diploma or equivalent; associate’s or bachelor’s degree preferred.
• 1–3 years of mortgage processing or mortgage industry experience preferred.
• Knowledge of conventional, FHA, VA, and USDA loan programs.
• Familiarity with mortgage compliance regulations and documentation requirements.
• Experience using Loan Origination Systems (LOS) such as Encompass or similar software.
• Mortgage processing certification (preferred but not required)
• Experience with Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines
• Knowledge of TRID, RESPA, TILA, and HMDA regulations
• Proficiency with Microsoft Office, particularly Word, Excel, and Outlook.

The next step is yours. Email us your current resume along with the position you are considering to: