Loan Servicing Representative jobs in Eau Claire, WI
Recently Added Loan Servicing Representative jobs
Loan Servicing Representative
- Merchants Bank
-
Winona, MN
FULL_TIME
- Merchants Bank, Winona, has an opening for a Loan Servicing Representative. We are looking for a candidate with an aspiration for a leadership position in the future. 2 years of experience with commercial loans preferred. The primary duties of this position will be uploading/boarding of commercial and ag loans. Duties also include extensive telephone customer service, providing accurate and appropriate information, and timely follow-through. Also involves reporting relative to all aspects of loans, insurance, and escrow functions. This position requires a high level of accuracy with data entry and ability to problem solve. Must be able to multi-task and prioritize, work as a team, be organized, and able to research. Excellent customer service skills required. Please click on Apply Now or apply in person at Merchants Bank, Winona (102 E 3rd Street). Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities. Job Summary: Under limited supervision, performs a variety of Loan Servicing functions in connection with Commercial, Real Estate and Consumer loans by following established policies and procedures set forth for the Department. Is responsible for data input and inquiries relative to all lending functions of the Bank. Responsible for timely and accurate transaction processing and reporting of loan information, as well as extensive customer service via phone, email, and occasionally in person. Essential Duties: Employees with this job description are cross trained in all areas. While individuals may focus on specific shared daily duties, they must possess the ability over time to perform all the duties listed below. Regular, dependable attendance and punctuality are essential functions of the job. Adherence with financial requirements and regulations is required. Employee will be expected to contribute to a positive working environment through words and actions. Employee will be expected to work as a TEAM, in addition to completing individual responsibilities. Employee will be expected to greet internal and external customers in a friendly and outgoing manner. Employee will be expected to take responsibility to insure that internal and external customers receive outstanding service. Employee may be asked to perform other duties as required by business needs. Employee will be expected to complete compliance and product knowledge assignments timely. General: Responds to internal and external customer phone or written loan inquiries in a courteous, prompt (immediately or within 4 hours) and accurate manner by phone, as well as, through written correspondence Distributes a wide variety of reports both within and outside the department; Possesses knowledge and understanding of reports which remain within the department; Maintains proper retention of reports within department Researches identified customer and computer system problems utilizing problem solving skills to hypothesize causes; Communication including recommendations with Manager/Assistant Manager for correction and prevention of continued problems Annually reviews and prepares interest paid statements Successfully completes “help desk” responsibilities in a timely and accurate manner. This includes all incoming servicing email, workflow items for late fee waivers, loan payments and advances, troubleshooting issues, as well as being the first individual to pick up the telephone by the second ring. Performs other duties as requested by manager/assistant manager within the Bank. Emphasis: Payment/General Servicing: Input of all real-time loan payments and loan advances for all MFGI locations Loan maintenance as required for all MFGI locations, including but not limited to, coupon books, payment schedule modifications, auto deducts, ACH, FTM, payment and/or interest rate changes, risk rating changes, collateral changes, officer number changes, etc. ACH or FTM setup and account review to ensure transactions are accurate & timely Reviews and processes daily, weekly, and monthly loan reports Completes consumer loan input, including Overdraft & Home Equity Lines of Credit for all locations Completes commercial new loan, renewal, change in terms loan input for all locations Input purchased and sold commercial loan participations on Signature system Reviews commercial participation reports and transacts/dialogs with participating banks Complete setup of new dealers in floorplan software and manage daily disbursements Completes retail and correspondent mortgage boarding for all locations Input sold participations for Secondary Market mortgage portfolio (sold to Fannie Mae/Freddie Mac) Place loans in non-accrual and charge-off on Signature system and prepare accounting histories and payoff statements, when requested Servicemembers Civil Relief Act (SCRA) processing and tracking Manages credit bureau reporting, monitoring of error reports and resolution of disputes, as required by Fair Credit Reporting Act (FCRA) Completes monthly Federal Housing Association (FHA), Veterans Administration (VA), Rural Economic Development, and Agriculture Best Management Practices Loan Program (AgBMP) reporting Emphasis: Secondary Market Servicing: Performs all servicing functions for secondary market investors (Freddie Mac & Fannie Mae) loans, i.e. reporting payoffs and daily transaction activity, remittance of cash, participation input, property loss claims management, escrow processing, cancellation or private mortgage insurance, etc. Utilizes Freddie Mac and Fannie Mae WEB applications for communication and transfer of data Processing in Signature system of all mortgage modification and deferral loans Reports & reconciles investor accounts monthly per secondary market guidelines and as required by external auditors Emphasis: Escrow Servicing: Ongoing monitoring, maintenance, and disbursement of all escrow accounts for payment of homeowners insurance, flood insurance, private mortgage insurance, FHA mortgage insurance, USDA guaranty fees and property taxes Manage property loss claims for all mortgage loans, as required by Secondary Market guidelines Provides annual PMI disclosures to all upfront and monthly private mortgage insurance loans. Responds to written requests for cancellation of PMI, as required by Regulation and Secondary Market guidelines and completes automatic PMI terminations based on original value when loan is at 78% LTV Annually inquires with each State/County on status of taxes paid for all non-escrow customers with appropriate notification per established procedures Ongoing follow-up with insurance agents to obtain initial insurance policies for credit file as required by secondary market and errors & omissions policy Verification of adequate coverage and importing of all insurance policies to electronic storage Provide annual escrow statements, including statements for modified loans, that require a longer timeframe for the spread of any shortage and/or deficiencies Working Conditions: Inside working environment, very low noise level. Physical Demands: Work is performed primarily sitting at a desk. Requires a high degree of finger dexterity, very good finger-eye coordination. Mental Demands: Requires above-average aptitude in the area of math/number skills, and evaluation/reasoning skills. Above-average skill in problem analysis and problem solving. Ability to speak with clarity and articulate thoughts and ideas well. Must be able to remain calm under pressure and relate to all types of personalities. Skill Requirements: Independent thought, good organization, self-motivation to complete tasks and remain on schedule with minimal supervision. Personal computer skills, good typing skills, effective telephone and written communication skills. Amiable personality; team player. Relationships: Responsible to the Loan Operations Manager for clarification of position responsibilities and authority and for proper interpretation. Position will have extensive phone and written interaction with customers and staff. Extensive person-to-person interaction with staff. Must have ability to work in a team environment. Personal manner to enhance the overall professional image of the Bank.
- 2 Days Ago
Indirect Loan Servicing Specialist
- Royal Credit Union
-
Eau Claire, WI
FULL_TIME
- Royal is looking for a dynamic, highly engaged individual who enjoys building long term relationships built on trust, is passionate about providing exceptional service, has a strong sense of ownership...
- 17 Days Ago
Customer Service Representative (Loan Consultant I)
- Lendmark Financial Services, LLC
-
La Crosse, WI
FULL_TIME
- At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our employees and their commitment to our customers. We value each customer and und...
- 1 Month Ago
Mortgage Servicing Specialist
- Royal Credit Union
-
Eau Claire, WI
FULL_TIME
- Royal Credit Union is looking for a self-motivated team member committed to working in a team, to join our fast-paced Mortgage Servicing Team. If you are looking for a position where you can use your ...
- 5 Days Ago
Loan Assistant/Loan Processor
- Citizens State Bank of Loyal
-
Marshfield, WI
FULL_TIME
- SUMMARY Works in the Loan Processing Department and is responsible for the production of loan documentation and booking of executed loans onto the Bank’s core processing systems. The Loan Processor is...
- 15 Days Ago
Loan Officer
- Paramount Residential Mortgage Group
-
Weston, WI
FULL_TIME
- Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
- 5 Days Ago
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0 Loan Servicing Representative jobs found in Eau Claire, WI area
Reading Tutor
- Ampact
-
Fall Creek, WI
- Position Summary: Position Summary Be the difference and put your passion into action join Reading Corps! Across the cou...
- 4/25/2024 12:00:00 AM
Customer Care Representative
- EO Johnson Company
-
Eau Claire, WI
- ** Customer Care Representative** **Job Category****:** Administration **Requisition Number****:** CUSTO001447 Showing 1...
- 4/25/2024 12:00:00 AM
Customer Service Representative
- Cascades Inc.
-
Eau Claire, WI
- **Customer Service Representative** **Location:** Eau Claire, WI, US The Customer Service Representatives mission is to ...
- 4/25/2024 12:00:00 AM
Patient Service Representative (PSR) - Eau Claire, WI area part- time field position
- Joints In Motion Medical Llc
-
Eau Claire, WI
- Patient Service Representative (PSR) - Eau Claire, WI area part- time field position Description Part-time job with some...
- 4/25/2024 12:00:00 AM
Member Account Representative - Altoona - Full Time
- Royal Credit Union
-
Altoona, WI
- Member Account Representative - Altoona - Full Time Altoona Office, 1159 Blazing Star Blvd., Altoona, Wisconsin, United ...
- 4/24/2024 12:00:00 AM
Service Meat Clerk
- Hy-Vee, Inc.
-
Eau Claire, WI
- At Hy-Vee our people are our strength. We promise "a helpful smile in every aisle" and those smiles can only come from a...
- 4/24/2024 12:00:00 AM
Travel Nurse RN - ICU - Intensive Care Unit - $2,302 per week
- Hiring Now!
-
Eau Claire, WI
- Care Team Solutions is seeking a travel nurse RN ICU - Intensive Care Unit for a travel nursing job in Eau Claire, Wisco...
- 4/23/2024 12:00:00 AM
Member Services Representative II
- WESTconsin Credit Union
-
Eau Claire, WI
- Do you enjoy learning about a company's products and services and sharing that knowledge with others? If so, we may have...
- 4/22/2024 12:00:00 AM
About Eau Claire, Wisconsin
Eau Claire is located at 44°49′N 91°30′W / 44.817°N 91.500°W / 44.817; -91.500, (44.8146, −91.4927) approximately 90 miles (145 kilometers) east of Minneapolis and St. Paul, Minnesota. The city is located on the northern fringes of the Driftless Zone.
The city was founded near the confluence of the Eau Claire and Chippewa rivers as three separate settlements. The main section of downtown is on the site of the original village, where Stephen McCann, in partnership with J. C. Thomas, put up three buildings in 1845. Although these structures were erected to establish a claim to the land they s...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Servicing Representative jobs
$27,698 to $39,395
Eau Claire, Wisconsin area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
What does a Loan Servicing Representative do?
Loan Servicing Representative in Brighton, MI
Answer member payment, tax, flood and insurance inquiries regarding servicing of home equity and mortgage loans.
March 23, 2023
Loan Servicing Representative in Honolulu, HI
Contributes to development and refinement of internal procedures and other resources.
April 16, 2023
Calculates interest rate adjustments and payment/billing schedule updates.
April 28, 2023
Loan Servicing Representative in Salt Lake City, UT
Demonstrated skills in verbal and written communication, effective listening, problem solving and negotiating required.
April 10, 2023