Mortgage Loan Servicer
Job in
Faribault, Rice County, Minnesota, 55021, USA
Listed on 2026-08-30
Listing for:
Independent Community Bankers of Minnesota
Full Time
position Listed on 2026-08-30
Job specializations:
-
Finance & Banking
Loan Servicing, Banking Operations, Mortgage Loan Originator / Advisor, Banking & Finance
Job Description & How to Apply Below
The State Bank of Faribault
Location: Faribault, MN
Job Title: Mortgage Loan Servicer
Overview: Position Summary The Mortgage Loan Servicer is responsible for the day-to-day servicing of residential mortgage loans from closing through payoff. This position ensures accurate loan administration, provides outstanding customer service, and maintains compliance with investor, regulatory and bank requirements.
Responsibilities- Daily investor balancing.
- Perform new loan data entry along with sale to investor.
- Process mortgage loan payments, payoffs and loan maintenance requests.
- Manage escrow accounts, including tax and insurance disbursements and annual escrow analyses. Monitor annual delinquent tax parcel list.
- Respond promptly to customer inquiries regarding loan servicing.
- Process loan subordinations, and releases as applicable.
- Monitor delinquent loans and coordinate collection efforts.
- Maintain accurate loan records and documentation.
- Assist with audits, reporting and investor requests
- Identify opportunities to improve servicing processes and enhance the customer experience.
- High School diploma or equivalent required; associate or bachelor’s degree preferred.
- Previous mortgage servicing, loan operations, banking or lending experience preferred
- Knowledge of mortgage servicing regulations and escrow administration is a plus.
- Strong attention to detail and organizational skills.
Deadline: 09/18/2026
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