Loan Servicing Administrator
Colliers · Minneapolis, Minnesota, US
Make your next move an expert one. At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and...
Job description
Make your next move an expert one. At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and always do what’s right for our clients, people and communities. Why Colliers?: Our enterprising environment needs your expertise to facilitate Colliers’ continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career. SUMMARY: The position of Loan Servicing Administrator services commercial real estate loans sold as participations to community banks and credit unions nationwide. This position is responsible for processing construction draws, escrow disbursing, coordinating loan closings, tracking loan covenants, invoicing, and processing payments. Serves as a primary contact for participant banks, borrowers and other members of the department. ESSENTIAL DUTIES AND RESPONSIBILITIES: - Coordinates with bankers, title companies, attorneys, and participant banks on loan closings, modifications, and payoffs. - Works with borrowers, participant banks, title companies, and vendors for construction...