Mortgage Servicing Representative

Job Details

Job Location:

Alexandria, VA 22314

Position Type:
Full Time Salary Range: $23.00 - $28.00 Hourly At SDFCU, we are committed to attracting and retaining top talent to ensure our continued success. Our tradition of exceptional service extends not only to our members but also to our employees. Through comprehensive internal training and workshops, we nurture professional strengths and provide ample opportunities for career advancement. Are you ready to join our dynamic team?

We offer competitive salaries, exceptional health, dental, and vision insurance within the first 30 days of employment, a matched 401(K) plan with up to 4% SDFCU contribution, and much more.

Benefits and Perks of SDFCU Include:

• Diversity and Inclusion:
  Work in an environment that values and respects all team members
• Paid Holidays:
  Enjoy 12 paid holidays a year, including your birthday
• Flexible Work Options:
  Potential work-from-home options after the introductory period
• Generous Paid Time Off:
  Ample vacation and personal days to maintain a healthy work-life balance
• Tuition Reimbursement:
  Support for your ongoing education and career development
• Parking
  
  Incentives:
  
  Financial incentives for your daily parking
• Comprehensive Insurance:
  Access to excellent medical, dental, and vision insurance packages
• Gym Reimbursement:
  Stay healthy with our gym membership reimbursement program
• Team Bonding:
  Participate in company and team bonding events that foster a collaborative work environment

Join us at SDFCU and be part of a team that values excellence, innovation, and professional growth.

State Department Federal Credit Union is seeking a Mortgage Servicing Representative I who will play a key part in supporting members throughout the life of their mortgage loan by providing exceptional service, maintaining accurate loan records, resolving account inquiries, and ensuring compliance with applicable federal, state, investor, and Credit Union requirements. You will help members navigate mortgage servicing needs, administer escrow accounts, respond to questions with professionalism and care, and ensure important loan transactions are completed accurately and efficiently.

Essential Duties and Responsibilities:

• Perform daily mortgage servicing functions within the loan servicing platform, including loan boarding and account maintenance, payment processing and application, transaction corrections, fee assessment, and validation of loan terms, balances, and status.
• Administer mortgage escrow accounts, including real estate tax and insurance disbursements, escrow account reviews, shortage and surplus processing, annual escrow analyses, and required member communications.
• Respond to member inquiries by telephone, email, and written correspondence regarding mortgage payments, statements, escrow activity, payment history, late charges, year-end tax information, payoff requests, and other servicing matters. Research issues and provide clear, timely resolutions.
• Generate and review mortgage payoff statements; process paid-in-full loans; coordinate lien releases, satisfactions, and related documentation; and ensure loans are closed accurately and within required time frames.
• Maintain accurate mortgage loan data and documentation, including payment records, correspondence, insurance and tax information, adjustable-rate or payment changes, investor data, and servicing notes. Complete account reconciliations and research discrepancies.
• Monitor mortgage accounts for returned payments, insurance or tax exceptions, and other servicing issues. Complete member outreach, document activity,
  ** escalate
  * * complex matters, and support all other mortgage servicing related activities as assigned.
• Process and reconcile mortgage payments, including partial or unapplied funds, suspense transactions, reversals, payment corrections, and other exceptions in accordance with established procedures.
• Prepare servicing reports, notices, statements, and correspondence; review system-generated output for accuracy; and assist with quality-control reviews, audits, investor reporting, and servicing platform updates or conversions.
• Support GSE related mortgage servicing related activities…