Senior Mortgage Servicing Specialist

1 week ago


Alexandria, United States Spectra Credit Union Full time

At Spectra Credit Union, we are seeking a highly skilled Senior Mortgage Servicing Specialist to join our team. As a key member of our mortgage department, you will be responsible for servicing the mortgage, consumer, and commercial loan portfolio.

We estimate the salary for this role to be around $65,000 - $85,000 per year, based on industry standards and the location in Alexandria VA.

Job Responsibilities
  • Mortgage Servicing: Prepare monthly reconciliations of serviced loans and transmit to Fannie Mae, ensuring timely and accurate submissions.
  • Loan Maintenance: Maintain escrow accounts to pay members' property tax, hazard, and private mortgage insurance premiums, ensuring seamless transactions.
  • Credit Analysis: Resolve member problems, make corrections and refunds, and rebuild member mortgage loan accounts when necessary, demonstrating exceptional credit analysis skills.
  • Compliance: Review monthly HMDA entries and transmit information annually, ensuring adherence to regulatory requirements.
  • Tax Documentation: Assist and review annual 1098 tax documentation, guaranteeing accuracy and completeness.
  • Escrow Management: Prepare monthly escrow analysis as well as yearly escrow statements, maintaining precise records.
  • Lien Perfection: Assist with the lien perfection process for auto loans, streamlining the process.

As a Senior Mortgage Servicing Specialist at Spectra Credit Union, you will have the opportunity to work in a dynamic environment, collaborating with a talented team to deliver exceptional results. If you are passionate about mortgage servicing and have a strong background in finance, we encourage you to apply.



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