Best in the Business Awards


The Illinois Mortgage Bankers Association is proud to sponsor this signature event and invite you to join us by nominating one of your best and brightest employees and/or colleagues.  The evening will recognize and honor the ‘Best in the Mortgage Business’ who have achieved exceptional levels of business achievement.   Nomination Deadline:  September 15, 2020 Register today!  Nominate online today!

IMBA Best in the Business Awards Categories and Nomination Instructions:

THE CRITERIA 
Best in the Business Award Nominees must meet the following criteria:

  • Be employed with a member Company of the IMBA and have at least 2 years of experience in the business. *Best Rookie Loan Officer and Best Rookie Operations nominees are the exception and can have 2 years or less experience.
  • Demonstrate excellence, outstanding performance and achievement in the mortgage business.

ADDITIONAL INFORMATION PERTAINING TO CRITERIA: Include any additional information you feel is important for consideration of your nominee. The more relevant, well-thought out information that is shared on the nomination form, the better the chances that the committee will seriously consider the nominee for an award.  Provide specific examples of how the nominee has demonstrated excellence, outstanding performance and initiative in their position.  In addition to the completed nomination form, a brief bio should be included along with a photo if possible. Other supporting documentation may include awards, honors received, publications or articles supporting the nominee’s service to his/her profession, industry or community.  Please note individuals cannot nominate themselves.

These are the items the committee considers when reviewing nominations, so please consider this consider when nominating an individual. 
They include but are not limited to the following:

Residential Loan Originator Awards:

  • Customer Satisfaction Ratings (very important)
  • Production (Units and Volume)
  • Purchase and Refinance %
  • Conventional and Government %
  • Team vs. Individual Production
  • Affordable Lending/LMI lending
  • Pull-through ratio (Application to Funding)
  • Community Involvement (organizations, volunteer work, etc.)


Residential Loan Operations Award:

  • Customer Satisfaction Ratings (very important)
  • Number of loans processed/underwritten/closed
  • Pull-through ratio
  • Turnaround time
  • Community Involvement (organizations, volunteer work, etc.)


Industry Service Providers Awards:

  • Customer Satisfaction Ratings (very important)
  • Outstanding service and performance in his/her position at the company
  • Mortgage/housing industry involvement (industry associations, boards, etc.)
    • Community Involvement (organizations, volunteer work, etc.)


THE PROCESS

The Best in the Business Awards Committee, consisting of a diverse group of directors from the IMBA Board, will screen all nominations and may contact nominators and nominees for additional information.  The committee is exempt from being nominated.  The committee will then select the winners.  Winners will be announced at the event on October 1, 2020.

THE AWARD CATEGORIES

Residential Loan Originator Awards: 

___Best Mortgage Loan Officer for Large Bank
___Best Mortgage Loan Officer for Community Bank
___Best Mortgage Loan Officer for Independent Mortgage Banker (Illinois Residential Mortgage Licensee)
___Best Specialty Lending Loan Officer (includes CRA, VA, FHA, Construction, and Rehab Lending)
___Best Rookie Loan Officer of the Year (less than 2 years in the mortgage business)*
___Best Sales Manager (can include non-producing Sales Managers and Branch Managers)
___Best Mortgage Loan Officer Assistant

Residential Loan Operations Awards:

___ Best Mortgage Loan Processor
___ Best Mortgage Loan Underwriter
___ Best Mortgage Loan Closer and/or Closer Funder
___ Best Compliance and Quality Control
___ Best Secondary Marketing Manager
___ Best Operational Support Staff Person
___ Best Operations Manager (includes processing, underwriting and closing managers)
___ Best Rookie Operations (less than 2 years in the mortgage business)*

Residential Service Provider Awards:

___ Best Title Insurance Account Representative
___ Best Title Insurance Company Closer
___ Best Mortgage Insurance Account Representative
___ Best Correspondent Lender Account Representative
___ Best Affiliated Service Provider (includes individuals working for companies providing staffing services, risk assessment/compliance services, legal services, appraisal services, technology consulting and more).

Community Impact Award:
__ Community Impact Award (This award honors an individual who has made a difference in a charitable and/or philanthropic cause by giving time and effort that has resulted in a positive outcome and has had a tangible, measurable effect on the cause.)

BEST IN THE BUSINESS Award Winners will be announced and celebrated:
Date: Thursday, October 1, 2020 6:00pm – 9:00pm Event: Best in the Business Awards Reception/Dinner
Location: Hyatt Lodge, 2815 Jorie Blvd., Prairie Ballroom, Oak Brook, IL 

DEADLINE FOR SUBMISSION: September 15, 2020: Send completed nomination form to:  Illinois Mortgage Bankers Association, 111 W. Washington Street, #1311, Chicago, IL  60602 Office Phone: 312.236.6208
Email: [email protected] or complete online at www.IMBA.org.