Loan Servicing Specialist

Apply for this Position

Application Form     (* indicates required field)

Please attach the following files

Please upload either a word or PDF version of your cover letter for this position.
Please upload either a word or PDF version of your current resume.
Such as letters of recommendation, work examples, etc.

Please answer the following questions to help us better evaluate your application.

All applicants are considered for all positions without regard to race, color, creed, religion, sex, national origin, citizenship status, ancestry, age, marital status, veteran status, physical or mental disability, pregnancy, medical condition, sexual orientation, or any other legally protected status. By completing this application, you are seeking to join a team of hardworking professionals dedicated to consistently delivering outstanding service to our customers and contributing to the
financial success of the company, its clients, and its employees. Equal access to programs, services and employment is available to all qualified persons. Those applicants requiring accommodation to complete the application and/or interview process should contact a management representative.

You must agree to the disclosure statement provided in order for us to accept your application.

You will receive confirmation after we have received your application.

Job Summary:

My client, a financial institution, is seeking a Commercial Loan Servicing Specialist.  Reporting to the Chief Lending Officer, the Commercial Loan Servicing Specialist will prepare, assist and generate all loan types; specifically commercial, real estate and consumer loans, which includes the preparation of relevant loan documents, processing all loan commitments, responding to and generating related inter-departmental correspondence, providing associated clerical and loan processing support, preparing and processing all collateral documentation and providing assistance to the Collections Department.

Responsibilities / Duties:

Service commercial and real estate loans, with full understanding of compliance and regulatory requirements;

Ensure quick, efficient turn-around in the proactive preparation of documentation;

Prepare, produce and process all required forms and legal documents relating to various loan types and arrange appraisals and title searches as necessary;

Review all appraisals for real estate, mobile home and business loans;

Process loan closing documents on a daily basis;

Order and review all flood determinations;

Order and review all UCC searches, amendments, filings and terminations and file UCC continuations, as needed;

Collect, review, and coordinate with lender/title company in connection with any subordination requests received; subsequently review all Preliminary Title Reports, in addition to reviewing and requesting corrections on all final title policies in connection to recorded real estate collateral;

Review and track all real estate, mobile home and business loans for HMDA compliance; track related fees (collected, paid out, pre-collected, prepaid and at funding), in addition to  collating, verifying, correcting and submitting annual HMDA-LAR to regulators/FRB;

Coordinate with all relevant parties in obtaining missing loan documentation information and follow-up on all post funding collateral items (title policies, share-secured, UCC filings etc.) to ensure all final documents are in the permanent file;

Collate, verify, correct and submit monthly report on all Cal Coastal Guaranteed loans; while working with Cal Coastal to obtain updated documents from members, or other parties;

Input and submit all SBA loans through CAIVRS, prior to E-Tran approval request and process post-funding changes, if necessary; subsequently submit monthly SBA Colson 1502 report;

Process and release collateral for all paid-in-full and closed loans;

Review and process any release of funds, release of appraisal, and HMDA status on all adverse action (declined, withdrawn, etc.) on loans;

Create forms, checklists and procedures for best practices/procedures for the aspects of the loan processes performed.

Create reports and assist with preparation of monthly loan production evaluation;

Review and request updated insurance on active/open loans;

Perform other duties as assigned.


At minimum, AA Degree in relevant business-related discipline; BA Degree, preferred;

2-5 years of recent commercial loan processing experience;

Solid understanding of credit union underwriting standards in connection to commercial, consumer and real estate loans;

Proficient written and oral communication skills;

Proficient interpersonal skills involving the ability to build high levels of trust, with diplomacy, courtesy and tact;

Proficient organizational and multi-tasking skills and ability to meet deadlines in a timely manner;

Proficiency in the Microsoft suite of products;

Experience in loan processing software applications;

Solid mathematical acumen;

Strong research and analytical skills;

Must hold a valid California Driver’s License and have own car to travel between branches, as needed.


Salary range:  $53K - $65K DOE, with benefits


8:30AM – 5:30PM with 1 hour for lunch, Monday through Friday


Santa Cruz, CA

Location: Santa Cruz, CA
Apply for this Position
Apply at: