What are the responsibilities and job description for the Loan Analyst position at Walker & Dunlop, Inc.?
Department : Servicing - GSE
We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities - where people live, work, shop, and play - to life. We are committed to creating meaningful social, environmental, and economic change in our communities. We believe seeking diverse talent and promoting the inclusion of all perspectives are more than moral imperatives - they are critical to our success and ability to innovate and grow.
Department Overview
Our Servicing experts service all Fannie Mae, Freddie Mac, and FHA Finance loans originated by Walker & Dunlop as well as certain life insurance company, bank, and CMBS loans. Our Servicing experts are the borrower's primary point of contact and ensure that the requirements of the investors are met from loan closing through payoff. The Department consists of six main functional areas : Loan Administration, Asset Management, Insurance Compliance, Investor Reporting, Treasury, and Compliance. W&D's Servicing portfolio is the 8th largest in the U.S., and W&D is one of Fitch's highest-rated Servicers, with a rating of CPS1-.
The Impact You Will Have
The Loan Servicing division is responsible for servicing loans either acquired or underwritten by the company. As loan servicer, the company is responsible for enforcing the terms of the loan documents, monitoring the underlying asset securing the loan and communicating results to investors and other servicing relationships. This position is in the Fannie Mae and Freddie Mac servicing group.
Primary Responsibilities
- Review loan documents to confirm that new loans are setup correctly on servicing system and ensure that the loans are serviced in accordance with terms of the loan documents and programmatic requirements.
- Communicate loan requirements to borrowers.
- Provide excellent customer service to borrowers and serve as the central point of contact for all servicing related inquiries.
- Track and collect mortgage payments timely as required by the terms of the loan documents and work diligently to collect any delinquent mortgage payments.
- Review and manage tax, insurance, as needed to ensure proper collateralization and compliance with loan documents. Prepare disbursements on escrow accounts as needed.
- Manage escrow accounts including oversight of all escrow analysis.
- Monitor and process tax disbursements from escrow.
- Prepare written correspondence to borrowers or other parties as required.
Support senior staff for problem loan management, maturity management and other non-routine matters.
Education and Experience
Knowledge, Skills and Abilities
This position has an estimated base salary of $55,000 - $65,000 plus discretionary bonus. An employment offer is based on the applicant's relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data.
LI-NA1
LI-Hybrid
What We Offer
promote health, engagement, and balance
EEO Statement
We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information. We strive to be a safe place to ask questions, build professional relationships, and develop careers.
SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.
Fair Chance Hiring
Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.
Salary : $55,000 - $65,000
