1 Loan servicing specialist Job in Queens, NY
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Pelham Berkeley Search is Hiring a Loan servicing specialist Near Queens, NY
Well run smaller Bank seeks Loan Servicing Specialist.
This is a direct hire full-time role where you will work in a small tight knit, well run Loan Operations group.
This is a very visible and promotable role and would be an ideal match for a Loan Processor with 1-5 years of experience who is looking for a growth opportunity with a very stable institution.
In summary, you will provide administrative day to day support to the Loan Servicing Department including :
Create new loans in system
Construct and maintain loan document files
- Responsible for processing mortgage and instalment loan payoffs and daily reconciliation
- Post-closing file / system review
Calculate and prepare payoff letters
Prepare verification of mortgage upon request
Calculate and prepare assignment requests
Prepare satisfaction documents and forward to appropriate parties
Tracking and scanning of recorded mortgages / documents / notes
General Ledger reconciliations for tax services and funds held in escrow
Responsible for collection activity, calls, correspondence, maintenance
Create reports utilizing Excel
Post, track, maintain funds held in Escrow at Closing; obtain updates from borrower and / or attorneys and disburse funds as per agreement
Responsible for payment of Real Estate taxes, frontage charges, surcharges, and resolution of tax disputes
Responsible for tracking and payment processing of hazard / flood insurance, Force Place as required
Respond to customer / borrower inquiries
Credit Compliance. E-Oscar
Update and Maintain DNA System
Requirements include
1 years of experience in Customer Service / Banking (Mortgage processing experience strongly preferred)
Must be highly organized and proactive to research and resolve discrepancies in a fast paced deadline driven environment.
Excellent communication skills
Able to work effectively in a dynamic environment
Good computer skills required including Microsoft Office and Excel
Fiserv (Prologue GL / DNA) experience preferred but not required
Last updated : 2024-05-02
Job Summary
Full Time
$39k-50k (estimate)
03/11/2024
06/21/2024
pbsearch.com
New York, NY
<25
Related Companies
The job skills required for Loan servicing specialist include Loan Servicing, Customer Service, Microsoft Office, General Ledger, Payment Processing, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan servicing specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan servicing specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan servicing specialist positions, which can be used as a reference in future career path planning. As a Loan servicing specialist, it can be promoted into senior positions as a Loan Servicing Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan servicing specialist. You can explore the career advancement for a Loan servicing specialist below and select your interested title to get hiring information.
If you are interested in becoming a Loan Servicing Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Servicing Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Servicing Specialist job description and responsibilities
Loan servicing specialist ensures all loan servicing disclosures are completely error free.
03/20/2022: Paramus, NJ
Loan servicing specialist executes quality control measures with respect to loan servicing.
03/12/2022: Raleigh, NC
Reviews completed audit disbursement, loan reconciliation and reports.
02/15/2022: Charleston, SC
Loan servicing specialists are responsible for the processing and approval of new loan applications, and for managing existing loan accounts.
04/15/2022: Biloxi, MS
Loan servicing specialists are responsible for the day-to-day management of mortgage, and other types of loans.
03/06/2022: Bridgeport, CT
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Servicing Specialist jobs
Acquire a high school diploma, trainings, and certifications to be a loan servicing specialist.
04/16/2022: Miami, FL
Loan servicing specialists can earn certifications to gain more theoretical knowledge of their responsibilities and further their career advancement opportunities.
02/25/2022: Fort Smith, AR
Gain knowledgeable about prepayments, payoffs, adjustable rate loans, credit reporting, and lien perfection.
05/08/2022: Kansas City, KS
Maintain knowledge of available loan products, processing procedures, and underwriting.
05/05/2022: Albuquerque, NM
Obtain an understanding of underwriting loans to meet secondary market guidelines.
04/28/2022: Albany, GA
Step 3: View the best colleges and universities for Loan Servicing Specialist.
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