Hybrid Loan Servicing Associate – Government-Backed Loans

Windsor Advantage, LLC

Indianapolis (IN)

Hybrid

USD 51,577,000 - 77,366,000

Full time

6 days ago
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Benefits offered by this job

Medical, Dental, Vision insurance
Company-paid Life Insurance
Disability Insurance
401k with company contributions
Paid Time Off and Paid Holidays
Parental Leave

Job summary

Windsor Advantage LLC in Indianapolis, IN, seeks a Loan Servicing Associate to manage government guaranteed loans and client relationships. The role emphasizes accurate documentation, borrower communication, and adherence to SBA/USDA guidelines.

The position is hybrid, with in-office Mondays, Wednesdays, and Thursdays, and remote options on Tuesdays and Fridays. Base pay is $18.00–$27.00 per hour, with eligible annual bonus and comprehensive benefits.

Qualifications

  • Bachelor’s degree or equivalent related work experience.
  • Minimum of 1 year of experience in a fast-paced work environment with increased responsibilities.
  • Experience working effectively with off-site team members to complete projects.
  • Experience with all SBA product offerings preferred.
  • Experience with USDA product offerings preferred.
  • Knowledge of commercial loan products and basic accounting.
  • Knowledge of legal and closing documents, insurance documents, construction documents, appraisal documents, and environmental documents preferred.
  • Extensive knowledge of SBA/USDA, government guaranteed lending preferred.

Responsibilities

  • Oversee Loan Servicing policies and procedures and ensure compliance with regulatory and bank guidelines.
  • Manage electronic supporting documentation packages for all functions.
  • Servicing lifecycle of a loan from funding through payoff, including borrower/lender communication and billing notices.
  • Create and provide Portfolio Loan Reports to lenders monthly and coordinate review meetings.
  • Manage the Loan Servicing inbox and respond to inquiries from borrowers and lenders.
  • Prepare loan payoff letters as requested by stakeholders.
  • Enter notices into SBA FTA portal to maintain active payoff status.
  • Adhere to SBA/USDA policies and use Loan Manager system for servicing.
  • Review DDA sheets and autopay to ensure accurate payment entries.
  • Prepare 1502 reports and monthly lender reporting for SBA submission.

Skills

Commercial loan products
Basic accounting
SBA/USDA knowledge
Closing documents familiarity
Team collaboration

Education

Bachelor’s degree or equivalent related work experience

Tools

PCFS2000 Loan Manager
SBA/USDA portals

Job description

Windsor Advantage LLC in Indianapolis, IN, seeks a Loan Servicing Associate to manage government guaranteed loans and client relationships. The role emphasizes accurate documentation, borrower communication, and adherence to SBA/USDA guidelines.

The position is hybrid, with in-office Mondays, Wednesdays, and Thursdays, and remote options on Tuesdays and Fridays. Base pay is $18.00–$27.00 per hour, with eligible annual bonus and comprehensive benefits.

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