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Vaco LLC

Foreclosure Specialist

Career Insights for Loan Documentation Specialist

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What they do

A Loan Documentation Specialist reviews applications for loans and assists with the process of evaluating loans. Prepares, organizes and verifies the documents and reports required for a loan application. Monitors the loan application and approval process and may assist customers with loan payments. May specialize in mortgage, business or other types of loans.

$44,573 / year median in the U.S.

+4% projected growth

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Job Description

Vaco has partnered with a leading mortgage servicing organization seeking an experienced Foreclosure Specialist with a strong background in mortgage servicing, foreclosure timelines, and investor guideline compliance.
Location:
Remote Pay Rate:
$24-$27/hr
Responsibilities Include:
Manage a portfolio of residential mortgage loans progressing through various stages of foreclosure. Partner with legal counsel, third-party vendors, and internal servicing groups to support timely file movement and resolution. Monitor key foreclosure events, state-specific timelines, and investor-driven requirements to ensure compliance. Review account activity, documentation, and expense items for completeness and accuracy. Maintain detailed servicing records while supporting escalated issues and exception-based processing.
Qualifications:
2+ years of recent foreclosure experience within mortgage servicing, lending, or a foreclosure law firm. Working knowledge of both judicial and non-judicial foreclosure processes. Experience supporting loans governed by Fannie Mae and Freddie Mac servicing guidelines. Strong understanding of foreclosure milestones, legal timelines, and default servicing operations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions.