Mortgage Loan Servicing Specialist Job Description

Mortgage Loan Servicing Specialist Job Description Mortgage servicing specialists are responsible for a broad range of tasks related to the processing and continued maintenance of mortgage loan accounts They set up initial accounts for newly approved loans serve as a direct contact for borrowers with questions or concerns and implement automatic payment arrangements

Mortgage Construction Servicing Specialist PEOPLES BANK Newton NC 28658 Pay information not provided Easily apply Position Summary The primary function of this position is the oversight and administration of all Construction to Permanent Loan Servicing for Peoples Bank Active 16 days ago Responsibilities for loan servicing specialist Mentor train and develop service transfer team members in all service transfer out and in activities Perform related loan processing duties that may extend to other departments within Lending Services Reviews department procedures to ensure compliance of all department regulations

Mortgage Loan Servicing Specialist Job Description

Mortgage Loan Servicing Specialist Job Description
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The salary for a mortgage specialist can vary depending on factors such as location employer and experience level According to data from the Bureau of Labor Statistics BLS the median annual wage for loan officers which includes mortgage specialists is 68 810 However the top 10 percent of loan officers earned more than 144 850 while The Loan Servicing Specialist is responsible for working with our Consumer and Mortgage Portfolio Loans Special Asset customer accounts associate and customer inquiries and advanced loan transaction and boarding processing Duties Responsibilities File maintenance Maintain positive relationships with multiple lenders and support staff

Loan Servicing Specialist Troy Detroit Area CMG Financial United States 21 00 31 60 an hour Overtime Factors that affect base salary may include Loan Servicing experience overall knowledge of loan servicing number of years worked in mortgage industry types Posted 11 days ago A loan servicing specialist is a financial professional who works at a bank or other financial institution that specializes in lending money to individuals and businesses As a loan servicing specialist your duties primarily focus on ensuring that all documents signatures and supporting information are complete and in compliance with all

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Loan servicing specialists are responsible for the processing and approval of new loan applications and for managing existing loan accounts They oversee applications upon intake reviewing documentation and confirming verification of information They process approval decisions and set up the initial record of the new loan in the system Bottom 10 Annual Salary Less than 33 650 16 18 hour Mortgage servicing is the process of administering a mortgage Mortgage servicing specialists perform a variety of administrative tasks from reviewing loan applications to initiating foreclosures in the event of a default Although most specialists are employees of commercial and

Reports To an Servicing Manager Job Description The primary task of the Loan Servicing Specialist is to ensure the new l n onboarding process Compiles and verifies all required loan documen tion for loan set up Makes initial contact with borrower to ensure they are promptly and professional introduced to and explain our relationship to the It typically takes 3 4 years to become a loan servicing specialist Years 1 4 Accumulating the necessary work experience in loan processing customer service or related fields Years 5 6 Completing on the job training in loan servicing procedures loan software applications and regulatory compliance ScoreLoan Servicing SpecialistUS Average

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Mortgage Loan Servicing Specialist Job Description - A mortgage servicing specialist handles the administrative aspects of a mortgage In this career your duties include reviewing and verifying loan application information processing necessary paperwork and filing borrower information with the lending bank You work in residential or commercial real estate transactions