About the role

  • Loan Counselor responsible for collecting delinquent loan payments at University Bank. Contacting borrowers and working with internal staff to maximize collection potential.

Responsibilities

  • Contact borrowers in early stages of delinquency to remedy defaults
  • Ensure adherence to regulatory requirements for collections process
  • Work with internal/external staff and investor contacts to maximize potential for collection
  • Create and mail loss mitigation letters and financial packages as requested by the borrower
  • Maintain borrower’s default department files
  • Retrieve and process collections voicemails
  • Inform borrowers about available assistance options or potential consequences of foreclosure or bankruptcy

Requirements

  • High school diploma (or equivalent) required
  • Previous experience in mortgage loan servicing desired
  • Previous experience in collections and/or default servicing desired
  • Maintain & foster positive relationships with customers and business partners
  • Complete all assigned training in a timely manner
  • Provide professional communication in both oral & written expression
  • Excellent organizational, time management & analytical skills
  • Able to communicate effectively
  • High degree of accuracy
  • High degree of dependability

Job title

Loan Counselor

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

High School Diploma

Location requirements

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