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Loan Servicing Specialist
Job Description
Position overview
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
Meet Your Recruiter
Colin Paterson
Vice President, Accounting & Finance and Professional Services
Colin Paterson's journey from Central Connecticut State University to the world of recruiting is a testament to his determination to follow in his father's footsteps in the business world. With a strong competitive spirit cultivated through years of playing sports and a natural talent for building relationships, Colin seamlessly transitioned into the staffing industry.
With over 12 years of experience spanning diverse industries, including accounting/finance, administrative support, manufacturing/engineering/supply chain, and human resources, Colin has honed his expertise in connecting the right talent with the right opportunities.
In March 2017, Colin embarked on his career with J. Morrissey, and his dedication and strategic thinking quickly propelled him to the role of Vice President of Accounting/Finance and Administrative Support Group. In this capacity, he continues to make a significant impact, shaping the future of the company.
Beyond his professional pursuits, Colin is an avid traveler with a passion for exploring new places and cultures. While he may have come to terms with the fact that his aspirations of becoming a professional golfer will remain a hobby, his commitment to excellence and continuous growth remain unwavering.
Colin Paterson's story is a testament to the power of determination, competitive spirit, and building strong relationships to succeed in the business world.