Mortgage Loan Servicing Specialist

Frey Consulting Group; Lone Tree (CO); On-site; USD 36,000 - 43,000; Full time

Job summary

Addvantage Credit Union Staffing is seeking a Mortgage Loan Servicing Specialist for a small/mid-sized credit union in Lone Tree, CO. The role handles loan servicing of first mortgage and consumer portfolios from start to paid-in-full, with typical hours Monday–Friday, 8:00am–5:00pm, and a full-time, temporary-to-hire status.

Salary: $26 - $31/hr. Responsibilities include inquiries handling, escrow management, post-closing duties, HMDA/BSA/AML compliance, and payoff statement preparation while

Qualifications

• 2 years of loan servicing including mortgage and consumer loans.
• Mortgage, bank, or credit union loan servicing experience required.
• Expertise in loan escrow accounts.
• Auditing and post-closing experience.
• Understanding of HMDA, BSA, and AML Regs.

Responsibilities

• Manage loan servicing of the first mortgage and consumer loan portfolios from beginning to paid-in-full.
• Assist in answering member inquiries regarding payments, taxes or insurance.
• Organize all loan servicing related functions to ensure correct and proper records are maintained.
• Perform post-closing duties such as file audits, track trailing documentation, audit final documents and maintain filing systems, recording and lien protection oversight, collateral documentation verification, post-closing exception resolution, and work audit exceptions.
• Process and track all tax and insurance payments on first mortgages, maintain escrow accounts for proper escrowed amounts and timely payments to counties/insurance companies.
• Perform annual escrow analysis, mail to members, assist with questions.
• Make payment adjustments as necessary.
• Prepare payoff statements, process paid loans including releasing the recorded lien.
• Record new loan liens/deeds of trust.
• Process subordination, loan modification, and skip-a-pay requests.
• Assist with E-Oscar inquiries.
• Run exception reports as needed or required.
• Coordinate the preparation and mailing of 1098 tax statements.
• Assist with HMDA reporting (quarterly audits and annual submission).
• Stays apprised of BSA and AML regulations, reporting any required information to the BSA team.

Skills

Loan servicing

Escrow management

HMDA knowledge

BSA/AML compliance

Post-closing auditing

Customer inquiries handling

Job description

MUST HAVE EXPERIENCE SERVICING MORTGAGE LOANS IN A BANK, CREDIT UNION, OR FINANCIAL INSTITUTION TO APPLY!

What do we do? We get your resume seen, prepare you for the interview, and coordinate job offers! Addvantage Credit Union Staffing was founded in 2002, and exclusively staffs credit unions. We have helped thousands of candidates around the country get their foot-in-the-door at top credit unions and we are most proud of our high placement rate! Thank you for considering the following position in your job search!

We are currently seeking a MORTGAGE LOAN SERVICING SPECIALIST for a small/mid-sized credit union located in Lone Tree, CO.

Type: Full-time, temporary-to-hire

Pay: $26 - $31/hr.

Hours: Monday – Friday: 8:00am - 5:00pm

Responsibilities

• Responsible for loan servicing of the first mortgage and consumer loan portfolios from beginning to paid-in-full.
• Assist in answering member inquiries regarding payments, taxes or insurance.
• Organize all loan servicing related functions to ensure correct and proper records are maintained.
• Perform post-closing duties such as file audits, track trailing documentation, audit final documents and maintain filing systems, recording and lien protection oversight, collateral documentation verification, post-closing exception resolution, and work audit exceptions.
• Process and track all tax and insurance payments on first mortgages, maintain escrow accounts for proper escrowed amounts and timely payments to counties/insurance companies.
• Perform annual escrow analysis, mail to members, assist with questions.
• Make payment adjustments as necessary.
• Prepare payoff statements, process paid loans including releasing the recorded lien.
• Record new loan liens/deeds of trust.
• Process subordination, loan modification, and skip-a-pay requests.
• Assist with E-Oscar inquiries.
• Run exception reports as needed or required.
• Coordinate the preparation and mailing of 1098 tax statements.
• Assist with HMDA reporting (quarterly audits and annual submission).
• Stays apprised of BSA and AML regulations, reporting any required information to the BSA team.

Requirements

• 2 years of loan servicing including mortgage and consumer loans
• Mortgage, bank, or credit union loan servicing experience required
• Expertise in loan escrow accounts
• Auditing and post-closing experience
• Understanding of HMDA, BSA, and AML Regs