Loan Modification Specialist at Idaho Housing and Finance Association

Boise, Idaho, United States -

Full Time

Start Date

Immediate

Expiry Date

30 Jan, 26

Salary

0.0

Posted On

01 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Modification, Customer Service, Documentation, Compliance, Financial Analysis, Time Management, Communication, Interpersonal Skills, Organization, Loss Mitigation, Real Estate Lending, Loan Processing, Loan Servicing, Legal Liaison, Reporting, Transaction Management

Industry

Financial Services

Description

Description WE ARE HIRING! We are seeking a motivated and detail-oriented Loan Modification Specialist to join our team. As a Loan Modification Specialist, you will be responsible for preparing, processing, and executing mortgage loan modifications, partial claims, and deferments in accordance with investor, agency, and state-specific guidelines. This role will help facilitate sustainable retention solutions and support our commitment to excellent customer service. In This Role, You Will: Prepare, review, and process mortgage loan modification applications, partial claims, and deferments. Ensure all documentation and submissions comply with investor, agency, and state-specific guidelines. Work with legal counsel, title companies, and internal departments to ensure accurate documentation and compliance with regulatory requirements. Track and report on loan modification department pipeline. Analyze financial information, payment processing, and transaction, to determine eligibility and appropriate modification options. Prepare and submit delinquency and loss mitigation reports to investors and mortgage insurance companies. Maintain accurate records of all communications, documentation, and transaction details. Other job duties as assigned. Join our team and be part of a company dedicated to helping homeowners navigate financial challenges, improving the lives and strengthening Idaho communities. Join us and be part of a professional and mission-driven organization that makes a meaningful impact on the lives of Idahoans. Requirements 6+ months experience in residential real estate lending, residential loan processing, loan closing, loan servicing or a combination of education and experience in related fields which clearly demonstrates a thorough understanding of the functions listed above. Proven experience in mortgage loan modifications, loss mitigation, or related roles, preferred. Excellent communication and interpersonal skills to effectively liaise with clients and stakeholders. Detail-oriented with strong organizational and time management abilities. Knowledge of investor, agency, and state-specific mortgage modification guidelines, preferred.

Responsibilities

The Loan Modification Specialist will prepare, process, and execute mortgage loan modifications, partial claims, and deferments. This role involves ensuring compliance with various guidelines and maintaining accurate records of all transactions.