[Close] 

Mortgage Lender

Overview
PrivateBancorp, Inc. through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities we serve. We provide a comprehensive benefit package including paid vacation and holidays, 401(k) with employer match, insurance and EAP. Please visit our web site www.theprivatebank.com to learn more about The PrivateBank and Trust Company and PrivateBancorp, Inc. listed on NASDAQ PVTB. The PrivateBank is an Equal Opportunity Employer M/F/Disability/Veteran
Responsibilities
This position is a commission-based outside mortgage loan originator. The candidate will be expected to produce residential 1st and 2nd mortgage loans, either for purchase, refinance or new construction, in compliance with Bank and/or investor guidelines. They will take direction from the Market Sales Manager with regard to new business generation activities, and will interface internally with Bank staff and externally with Realtors, CPA's and other professionals.
The LO's role is to assist prospective clients in obtaining financing for residential real estate, using 1st and 2nd mortgage loans, either for purchase, refinance or new construction. They must be able to execute on the following:
Understand secondary market underwriting and pricing guidelines, as well as Bank policy and procedure, and deliver profitable loans that meet these guidelines.
Develop loan production from external sources including CPAs, attorneys, and Realtors, while making introductions of these sources and clients back to the appropriate Bank partner.
Partner with internal staff, including commercial and consumer bankers, to support the cross-sell objectives of each group and deliver high quality service to the Bank's clients and prospects.
Originate salable loans by taking applications on our LOS system, collecting appropriate documentation, submitting the loan request to underwriting, and assisting in closing the transaction.
Qualifications
5+ years of Mortgage banking sales experience
Microsoft Office Software
Loan Origination Software



Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.

More Jobs

Mortgage Lender
Skokie, IL PrivateBancorp, Inc.
Mortgage Lender - Commission
Chicago, IL PrivateBancorp, Inc.
Retail Mortgage Banker - Lake Bluff, IL.
Lake Bluff, IL JPMorgan Chase
Senior Loan Officer - Mortgage
Chicago, IL PrivateBancorp, Inc.
Mortgage Loan Officer
Champaign, IL Central Illinois Bank