Mortgage Loan Servicer

Mortgage Loan Servicer

Job Description

Our client is seeking a Mortgage Loan Servicer to manage  mortgage loans on behalf of the lender, including collecting payments, handling escrows, and assisting borrowers with various loan-related inquiries and requests

Responsibilities Include:

• Communicate with borrowers regarding their monthly payments.
• Coordinate with third party loan servicers to ensure loans are onboarded properly and timely.
• Prepare payoff statements and coordinate with Collateral Management on loan payoffs.
• Coordinate with Accounting team on monthly payment calculation, monthly escrow calculation and reporting
• Coordinate with Construction Draw team on future funding advances.
• Coordinate with Asset Management team on collection related issues and loan extension requests.
• Build processes to accomplish the above effectively and efficiently

Prerequisite Experience:

• Bachelors degree in Finance, Accounting, or related field; concentration in real estate is a plus.
• 2-3 years of relevant experience in mortgage servicing at a consulting firm, lender, bank, or real estate fund.
• Working knowledge of multifamily and residential mortgages.
• Excellent communication skills required.
• Comfortable working in a lean environment with an expectation to collaborate across business units, solve problems and work independently.
• Organized and detailed oriented. Ability to reorganize data as needed and share with other colleagues and borrowers.
• Advanced proficiency in Microsoft Excel.
• Knowledge of The Mortgage Office a plus.