Loan Servicing Administrator

Seltzer Management Group Inc; Panama City Beach (FL); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Competitive salary

Dental insurance

Health insurance

Paid time off

Profit sharing

Job summary

Seltzer Management Group Inc in Panama City Beach is seeking a motivated Loan Servicing Administrator to manage day-to-day operations of construction and permanent loan servicing. Your role will ensure accurate processing and compliance while upholding high customer service standards.

This position is ideal for those with background experience in loan administration or construction loan servicing. Join a team dedicated to excellence in financial services, offering competitive salary and benefits.

Qualifications

• Previous loan administration experience is preferred.
• Familiarity with construction loan servicing is advantageous.

Responsibilities

• Process and review loan documentation ensuring compliance.
• Manage loan accounts and update borrower information.
• Coordinate with developers for smooth loan processing.
• Monitor loan portfolios for compliance issues.
• Maintain detailed records of loan transactions.

Skills

Understanding of construction and permanent loan servicing procedures

Knowledge of Davis Bacon Act regulations

Proficiency in credit analysis

Familiarity with banking operations

Excellent organizational skills

Job description

Benefits

• 401(k)
• 401(k) matching
• Competitive salary
• Dental insurance
• Health insurance
• Paid time off
• Profit sharing

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!