Real Estate Loan Servicer

Real Estate Loan Servicer

Location

US-CA-Valencia

ID

2025-1521

Category

Consumer and Real Estate Lending

Position Type

Full-Time

Remote

No

Overview

The Real Estate (RE) Loan Servicer is responsible for daily cash management activities, including processing exceptions, initiating and submitting wire transfers, and ensuring accurate fund disbursements. This role prepares reconveyances following loan payoffs and manages reconveyance processing for monthly paid-in-full mortgage loans and home equity lines of credit. The Real Estate Loan Servicer also audits the legal file and maintains all collateral and legal documentation to ensure compliance and data integrity.

Responsibilities

Cash Management

Posts payments received.

• Prepares daily funds transfer requests for payments, payoffs, and escrow disbursements.
• Prepares daily wire transfer requests for management signature with a high level of accuracy. Submits Service Events to Payment Operations for timely processing of payments, payoffs, and escrow funds.
• Balances the payment file between LFCU and the sub-servicer; troubleshoots discrepancies, resolves exceptions, and escalates issues or trends to management.
• Balances new loan files from LFCU to the sub-servicer; identifies and resolves issues, and reports trends to management.
• Reviews paid-off loan reports; sets up and removes auto-pay for both new and existing loans.
• Fulfills sub-servicer requests for paid-in-full loan documentation.
• Reviews new loan reports for accuracy; identifies and reports recurring errors or trends to management.

Member / Internal Customer Service

Legal File Audit - Document Custodian

Member / Internal Customer Service

Legal FileAudit - Document Custodian

Report Management

Reconveyances

Other Department Duties

Qualifications

Education

Preferred

4 Year / Bachelors Degree

Bachelor's degree preferred.

Experience

A minimum of 3-5 years of real estate loan, loan servicing and financial institution experience.

Knowledge, Skills & Ability

Disclaimer

Logix Federal Credit Union is an equal opportunity employer that does not discriminate in employment opportunities or practices on the basis of race, religion, color, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other status protected by law.

Pay Range

USD $24.81 - USD $37.21 / Yr.