Rushmore Loan Management Services

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Special Loans Specialist

Special Loans Specialist

Job ID 
2017-1912
Job Locations 
US-TX-Dallas
Category 
Loan Administration
Type 
Regular Full-Time
FLSA Status 
Non-Exempt

More information about this job

Overview

POSITION SUMMARY:

The Special Loans Specialist is responsible for ARM Loans, HELOC Loans, Loan Modifications, & SCRA Loans.

Responsibilities

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Review/Audit of ARM Loans with upcoming change calculations.
  • Produce and Audit of Monthly ARM Change Notifications to Borrowers.
  • Audit and Correction of newly acquired ARM loans from Acquisitions.
  • Identifying & deciphering prior servicer ARM data and ARM plans in comparison to ours.
  • Create ARM Plans based on needs, (Interest Only, and Option ARM).
  • Update Daily, Weekly, and Monthly ARM indices.
  • Track SCRA loans and updates accordingly in our system.
  • Accurately updates modification information in system.
  • Research ARM and Modification items for Various Groups.
  • Create ELOC Workstation and perform monthly statement verifications.
  • Perform other duties as assigned or required.

Qualifications

ESSENTIAL KNOWLEDGE & SKILLS:

  • Strong analytical and resolution skills.
  • Assertive and able to make decisions independently.
  • Excellent written and verbal communication skills.
  • Detail orientation with strong organizational skills.
  • Working knowledge of basic Mortgage Documents.

 

EDUCATION AND/OR EXPERIENCE:

  • Bachelor's Degree Preferred
  • Minimum of 3 years, but preferably 5-7 years' experiences in a mortgage loan servicing position with an expert level understand of ARM loans.

 

 

MACHINES, OFFICE EQUIPMENT & SOFTWARE:

  • Proficient in MS.
  • Working knowledge of MSP preferred.

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