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Morris, IL

1453 North Division Street, Morris, Illinois 60450

Ottawa, IL

2711 North Columbus Street, Ottawa, Illinois 61350

Job Details

Ottawa: Loan Servicing Specialist June 9, 2025

OSB09

Located in Ottawa, IL

Pay: 20.00-25.00/hr

Job Full Description

Loan Servicing Specialist

Location: Ottawa, IL | Status: Full-time | Pay: 20.00-25.00/hr

Overview:
Join a growing team to support loan servicing for residential, retail, agricultural, and commercial loans. You’ll process and reconcile loan transactions, handle document collection, ensure data accuracy, and assist customers and lenders. Your attention to detail, loan knowledge, and excellent communication skills will be key in this collaborative environment.

Key Responsibilities:

  • Board and review new loans in FIS Horizon XE

  • Process loan payments, payoffs, advances, and adjustments

  • Reconcile daily funding and payment activity

  • Manage insurance tracking and escrow accounts, including analyses

  • Assist with investor reporting and timely fund transfers

  • Collect and organize documents for residential and commercial loan files

  • Prepare paid loan documentation, lien releases, and collateral tracking

  • Review system reports for accuracy and resolve any errors

  • Support audits and maintain organized loan records

  • Collaborate with co-workers and uphold company mission and values

Qualifications:

  • High school diploma or equivalent; at least 1 year of loan servicing experience preferred

  • Solid understanding of loan payment processing, loan boarding, and general ledger activity

  • Experience with Encompass, LaserPro, FIS Horizon XE, Sageworks, and investor reporting is a plus

  • Strong computer skills, especially with Microsoft Office (Excel, Word, PowerPoint)

  • Excellent customer service, communication, and problem-solving abilities

  • Detail-oriented and highly organized, with the ability to prioritize tasks

  • Able to work independently and within a team, adapt to change, and support process improvement initiatives

Benefits:

  • Health/dental/vision plans, Paid sick time

  • Paid holidays, vacation, birthday, and service awards

  • Professional development, incentives, and community engagement

Ottawa, IL
2022
2711 North Columbus Street
Ottawa, IL 61350

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