Loan Servicing Associate Position Available In Western Connecticut Planning Region, Connecticut

Job Description:

Loan Servicing Associate Why this company: Great work lifebalance! They are a very close team with a family feel, celebratingeveryone’s life accomplishments and milestones. Extremelywell-established organization, and growing year over year.

Opportunity for internal growth. Competitive compensation andbenefits. CFS is partnering with a local Investment Managementorganization that is looking for its next Loan Servicing Associate.

This organization focuses on the origination and acquisition ofshort-dated private mortgages. The Loan Servicing Associate willreport to the Chief Operating Officer and will play a key role inthe administration of the construction loan process for mortgageloans held in the firm’s funds. The individual will act as theprimary point of contact for borrowers, inspectors, and otherstakeholders throughout the construction phase and full lifecycleof each loan.

Responsibilities:

Enter newly originated loans intothe firm’s mortgage servicing software. Onboard loans in Built , aconstruction loan management platform that streamlines borrowerrequests, inspection scheduling, budget tracking, and approvalworkflows. Review and process draw requests, ensuring all requireddocumentation-such as lien waivers-is submitted. Coordinate withtitle companies to obtain date-down endorsements when necessary.

Analyze inspection reports, validate progress against budgets, andrecommend disbursement amounts for management approval. Recordfundings in loan software and coordinate the execution ofdisbursements. Prepare extension agreements in accordance withdocumented terms and oversee the collection of fees from borrowers.

Lead outreach efforts to collect past due amounts from borrowers.

Respond promptly to routine borrower requests and inquiries.

Prepare monthly reporting packages for construction draws andextension summaries. Perform other duties as assigned.

DesiredQualifications:

Familiarity with loan terms/agreements and relateddocumentation. Knowledge of construction loan administration andability to apply such knowledge Proficiency with Excel. Experiencewith Built and/or The Mortgage Office a plus. This opportunity islocated in Southport, CT – full-time onsite to start, and hybridafter the training period. This role is offering $80,000-$85,000depending on experience.