Full Job Description
Scottsdale-based REIT/Real Estate Private Money Lender is looking to add a member to its growing team. We are looking for a Loan Servicing Assistant who is both detail-oriented, responsive, and looking to work in a fast-paced environment. Loan Servicing and/or Accounts Receivable experience is required, and some Accounting experience is preferred.
This is a short-term (6 to 24-month loan terms) debt fund for investment real estate, specializing in loans for fix and flip real estate investors, buy and hold purchases, commercial bridge loans, construction and development loans, and land acquisition loans. This results in a fast-paced environment when working with trustee sales, real estate auctions, or other types of purchases that require closing a loan in 24 hours. We are a team of real estate industry professionals with experience in investing, construction & development, and market research, priding ourselves in fast responses, loan quotes in 24 hours or less, and providing flexible financing options to our real estate investor borrowers.
MAIN PURPOSE OF THE JOB
Assist our Loan Servicing Manager with the servicing of the company’s loan portfolio.
Execute all job duties so that borrowers receive documents and answers to their questions quickly.
- Answer phone and email questions about Payments and Payoffs
- Document preparation, filing and data entry
- Assist with monthly notifications
- Payment Reminders
- Late Payment Notices
- 10 Day Demands
- Assist with loan payments
- Deposit payments and enter in TMO
- Reconcile online payments and enter in TMO
- Add loan to Default Sheet in TEAMS
- Add loan to TMO Smart View
- 8 hour shift
- Monday to Friday