Loan Servicing Specialist
$60k - $80kJ. Morrissey
Loan Servicing Specialist
We are partnered with a longstanding client who is expanding their team and seeking a highly detail-oriented Loan Servicing Specialist. This role is responsible for collaboratively managing the full lifecycle of commercial loan transactions — from borrower and attorney communication and loan structuring support, through title review, closing coordination, and post-closing servicing. The ideal candidate brings a strong understanding of commercial lending practices and the closing process, and can manage multiple transactions simultaneously with a high level of accuracy and professionalism. This position is onsite full-time, 5 days/week.
What you'll do
- Review title reports and identify potential title defects — including encumbrances, mortgages, and other liens — that adversely affect marketable title.
- Review purchase and sale contracts and any associated assignments of contracts.
- Review zoning and land use information, including zoning approvals and permitting.
- Maintain operational databases and other lending platforms.
- Prepare loan closing documents and review post-closing matters.
- Assist with loan structuring and loan processing.
- Request and manage borrower documentation throughout the transaction lifecycle.
- Coordinate closings with closing attorneys and borrowers.
- Complete servicing requests including payoffs, modifications, and drafting releases of mortgage.
Experience Needed
- 3+ years of commercial lending experience OR real estate paralegal experience
- Strong understanding of title insurance, loan documents, and the closing process
- High attention to detail; able to manage multiple transactions in a collaborative small-office environment
Benefits
Exceptional benefits package including employer paid health insurance and strong retirement package $60,000 - $80,000 (DOE) plus performance based bonuses and raises INDA
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