Loan Servicing Specialist Job Description Sample Template
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This free Loan Servicing Specialist job description sample template can help you attract an innovative and experienced Loan Servicing Specialist to your company. We make the hiring process one step easier by giving you a template to simply post to our site. Make sure to add requirements, benefits, and perks specific to the role and your company.
Loan Servicing Specialist Job Summary
Our financial company is looking for a Loan Servicing Specialist to assist with loan maintenance. In this role, you process subordinations, lien releases, and lending-related payments. You also assist with escrow disbursements and prepare loan payoff statements for customers. Applicants should have an associate or bachelor's degree in business or finance and excellent organizational skills. We track all loan payments and collateral information in our computer system, so computer skills are essential.
Loan Servicing Specialist Duties and Responsibilities
- Complete loan maintenance requests
- Process subordinations and lien releases
- Process lending-related payments
- Assist with escrow disbursements
- Prepare payoff statements
- Monitor insurance coverage on collateral properties
- Enter and update client information in our system
- Oversee sub-servicers
Loan Servicing Specialist Requirements and Qualifications
- Associate degree in business or finance or equivalent experience
- Bachelor's degree in business or finance a plus
- Loan processing experience a plus
- Computer proficiency
- Attention to detail
- Organizational skills
- Customer service skills
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