Loan Servicing Administrator

Seltzer Management Group Inc; Panama City (FL); On-site; USD 55,000 - 75,000; Full time

Job summary

Seltzer Management Group Inc in the United States is seeking a motivated Loan Servicing Administrator to oversee day-to-day construction and permanent loan servicing, ensuring accurate processing and strict regulatory compliance. You will manage loan documentation, borrower records, escrow payments, and invoicing while coordinating with developers to keep construction projects on track.

The role demands excellent attention to detail and proactive service delivery in a fast-paced financial

Qualifications

• Experience managing construction and permanent loan servicing.
• Knowledge of Davis-Bacon Act and Section 3 compliance.
• Experience with loan documentation, invoicing, and borrower records.
• Strong organizational skills and meticulous attention to detail.

Responsibilities

• Process and review loan documentation for accuracy and compliance.
• Update borrower information, disburse insurance and tax payments, and reconcile escrow accounts.
• Ensure Davis-Bacon and Section 3 compliance.
• Coordinate with Developers to support construction loan processing and servicing.
• Monitor loan portfolios for delinquency or compliance issues and follow up as needed.
• Maintain detailed records of all loan transactions and correspondence.

Skills

Construction loan servicing

Permanent loan servicing

Credit analysis

Loan processing

Contract management

Escrow management

Interpret contracts & legal documents

Attention to detail & organization

Tools

Excel

Job description

Job Description

Job Description

We are seeking a motivated and detail-oriented Loan Servicing Administrator to join our team. In this vital role, you will manage the day-to-day operations of both construction and permanent loan servicing, ensuring accurate processing and compliance with industry regulations. Your expertise will help maintain smooth construction loan progression, support developers and clients, and uphold the highest standards of customer service. This position offers an exciting opportunity to contribute to a fast-paced environment where your skills in construction and permanent loan servicing processing will make a meaningful impact.

**Responsibilities
**

• Process and review loan documentation, including applications, contracts, and invoicing, ensuring accuracy and compliance.
• Manage loan accounts by updating borrower information, disbursing insurance, tax and interest payments, and reconciling escrow accounts.
• Ensure accuracy with Davis-Bacon and Section 3 compliance.
• Coordinate with Developers to facilitate smooth on construction loan processing and servicing activities.
• Monitor loan portfolios for compliance issues or potential delinquencies, initiating appropriate follow-up actions.
• Maintain detailed records of all loan transactions, contracts, and correspondence.

**Skills
**

• Understanding of construction and permanent loan servicing procedures and guidelines.
• Knowledge of Davis Bacon Act and Service Contract Act regulations and compliance requirements.
• Proficiency in credit analysis, loan processing, and contract management within financial services.
• Familiarity with banking operations, escrow management, and excel skills.
• Ability to interpret complex contracts and legal documents related to loans and mortgages.
• Excellent organizational skills with attention to detail; capable of managing multiple tasks efficiently while maintaining accuracy. This role is perfect for candidates with previous loan administration experience or those familiar with the nuances of construction or permanent loan servicing who are eager to grow their career in a vibrant environment dedicated to excellence in financial services. Join us to be part of a team that values precision, compliance, and proactive service delivery!