Loan Servicing Specialist
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.1
Reclaim your time by letting our AI handle the grunt work of job searching.
We continuously scan millions of openings to find your top matches.
Overview
Remote
On-site
Compensation
$60,000-$80,000/year
Job Description
Position overviewWe 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.
- 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
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
FAQs About Loan Servicing Specialist Jobs at J. Morrissey
What is the work location for this position at J. Morrissey?
This job at J. Morrissey is located in Windsor, CT, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at J. Morrissey?
Candidates can expect a pay range of $60,000 and $80,000 per year.
What employment applies to this position at J. Morrissey?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at J. Morrissey?
You can apply for this role at J. Morrissey either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.