The Loan Originator serves as the primary point of contact for mortgage applicants, guiding them through the application and closing process while ensuring compliance and exceptional service. Join a recognized leader in financial services, Wintrust Financial Corporation, known for its award-winning culture and commitment to employee growth.
What You'll Do
- Assembles and reviews new mortgage applications
- Matches applicants with appropriate mortgage programs
- Handles loan files until loan documents are requested and closing is scheduled
- Assists borrowers in determining the proper loan program
- Completes loan applications and gathers required supporting documentation
- Conducts preliminary underwriting reviews
- Remains the front-line contact with borrowers throughout the loan process
- Obtains and analyzes credit reports
- Is heavily involved with clients during the application and closing process
- Develops referral relationships with realtors, builders, bankers, and other sources
- Proactively solicits new business
What We're Looking For
- Minimum two years of mortgage loan origination experience
- Thorough knowledge of pricing and underwriting requirements of various mortgage products and programs
- Knowledge of residential mortgage processing, underwriting, and closing procedures
- Thorough knowledge of federal lending regulations governing real estate lending, such as Truth-in-Lending, RESPA, and others
- Ability to analyze financial information
- Excellent interpersonal and communication skills
- A pleasant and professional demeanor
- Sound judgment and diplomacy
- Outlook proficiency
- Requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E Act of 2008
- Ability to travel
Technical Stack
- Outlook
Team & Environment
- Award-winning culture
- Rated a Top Workplace by the Chicago Tribune (past 9 years)
- Employee Recommended award by the Globe & Mail (past 6 years)
- Promote from within culture
- Encourages an entrepreneurial spirit
- Offers multiple opportunities for development and upward mobility
Benefits & Compensation
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term Disability Insurance
- Long term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional 401(k) with company match
- Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
- Tuition reimbursement
- Family-friendly work hours
The minimum estimated hourly rate for this role is $15.00, with actual pay varying based on location, qualifications, skills, and experience. Eligibility to earn monthly commissions.
Work Mode
This role operates locally across the West Region, including California (CA), Montana (MT), and Arizona (AZ). Candidates must be able to work within these states.
Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
