Residential Loan Servicer

Monson Savings Bank•Wilbraham, MA
•Hybrid

About The Position

Monson Savings Bank is seeking a Residential Loan Servicer to support consumer, mortgage, HELOC, and specialty loan servicing while providing timely, professional assistance to customers and colleagues. Working within the Loan & Operations Center located at 75 Post Office Park, Wilbraham, MA, the full-time Residential Loan Servicer generally works 40 hours per week, within standard business hours Mon-Fri. Potential for future hybrid remote work option. Regular in-office presence is required.

Requirements

  • High School Diploma or equivalent and minimum one year administrative/ office experience; or equivalent combination of education and experience.
  • Strong customer service, communication, computer, organization, and time-management skills, with the flexibility to manage changing priorities and multiple responsibilities in a team-oriented office environment.

Nice To Haves

  • Lending experience is preferred but not required.

Responsibilities

  • Book and fund loans in accordance with bank policies and regulatory requirements.
  • Respond to inquiries, resolve servicing issues, and provide timely follow-up.
  • Process payments, payoffs, deferments, discharges, collateral releases, and approved mortgage insurance cancellations.
  • Maintain accurate loan records and complete quality reviews, imaging, retention, and electronic record management.
  • Monitor escrow, taxes, insurance, end-of-draw requirements, daily balancing, exceptions, and reporting.
  • Responsible for maintaining, monitoring and tracking Quarterly/Semi Annual real estate taxes as well as the required annual escrow analysis to be completed in May each year.
  • Works directly with Core Logic and Fiserv to ensure accuracy and efficiency in completing escrow payments.
  • Protect confidential information, follow security procedures, and support the Loan Servicing team.

Benefits

  • paid time off
  • 401(k) with company match
  • suite of insurance benefits including medical, dental and more!
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