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Loan Servicer

Location : New Britain, CT
Job Type : Temp/Contract
Hours : Full Time
Required Years of Experience : 3
Required Education : High school diploma/GED
Travel : No
Relocation : No

Job Description :

The Loan Servicer ensures loan quality by reviewing conventional loan documentation for accuracy, enforceability and salability. Failure to perform in a timely and efficient manner may impact the quality of loan origination and relationships with investors.


 


The position is temporary from 9/2021 - 3/2022. It is located in New Britian, CT ranging from $23-$26/hour.



  •  Process Loan Review documentation on closed loan files to ensure accuracy of documentation: Closing Disclosures, closing, compliance and legal documents

  • Prepare follow-up documentation, when required, to appropriate parties, attorneys and customers;

  • Review and update follow-up documentation as it is received;

  • Prepare, as required, custodial files for loan sales;

  • Report problems that may impact conventional loan quality to manager;

  • Maintain accurate records of outstanding documentation;

  • Ensure all post-closing documentation is uploaded in appropriate files;

  • Complete appropriate Review Checklist in accordance with procedure to ensure the complete required document set has been imaged, is accurate and completed;

  • Follow up on outstanding documentation to ensure completion of loan exception by contacting attorneys, branch personnel, investors or borrowers as needed;

  • Prepare, as required, any additional follow-up documentation required by investor for the purchase of loans;

  • Report problems that may impact loan quality to manager;

  • Maintain accurate records of outstanding documentation;

  • Process, as required, Loan Deliveries to government agencies;

  • Assist, as required, with special projects.


Required Qualifications :


  • Detail oriented and precise

  • Operationally focused

  • Ability to work at a faster than average pace in a changing environment

  • Ability to use standard office equipment such as phone, fax, copier and computer



  • High School / GED required

  • Less than 2 years of general work experience (ie, office work, working with customers, work study jobs, etc.)


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