Mortgage Loan Servicer: Escrow & Disbursement Expert

L&N Federal Credit Union; Louisville (KY); On-site; USD 25,000 - 33,000; Full time

Job summary

L&N Federal Credit Union in Louisville, KY is seeking a Mortgage Loan Servicer to join our full-time team. This hourly, non-exempt role handles the setup of newly closed mortgage loans and maintains escrow accounts, delivering timely reports for the mortgage department and addressing member inquiries with courtesy.

Reporting to the Mortgage Lending Manager, you will process insurance mail, prepare lien releases, analyze escrow activity, and balance daily transactions while upholding

Qualifications

• High School education or GED required.
• 1 to 3 years of similar or related experience.

Responsibilities

• Process all insurance mail to ensure the protection of the credit union's collateral.
• Prepare mortgage lien releases in a timely manner.
• Analysis of escrow accounts, Adjustable Rate Mortgage changes, Home Equity changes, and monthly reports.
• Disburse escrow payments for property taxes and Homeowners Insurance to protect the credit union's interest.
• Posting and balancing daily transactions including payments, payoffs, and new loans.
• Review vendor bills and requests from others (subordinations, payoff's, loan changes, etc.).
• Cooperate and work together as a team with co-workers, maintain a neat work area, and perform other duties as assigned by supervisors.
• Practice confidentiality where indicated in employee matters and credit union operations.
• Answer servicing phone calls and e-mails in a timely and accurate manner.

Education

High School education or GED

1 to 3 years of similar or related experience

Job description

L&N Federal Credit Union in Louisville, KY is seeking a Mortgage Loan Servicer to join our full-time team. This hourly, non-exempt role handles the setup of newly closed mortgage loans and maintains escrow accounts, delivering timely reports for the mortgage department and addressing member inquiries with courtesy.

Reporting to the Mortgage Lending Manager, you will process insurance mail, prepare lien releases, analyze escrow activity, and balance daily transactions while upholding