- Manage loan document collection and/or releases.
- Manage internal loan document and folder maintenance.
- Other projects as assigned.
- Working knowledge of Precision LM mortgage servicing software is a plus.
- Knowledge and experience with mortgage releases and terminations a plus.
- Proficiency using MS Word, and Outlook along with an extensive knowledge in Excel.
- With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multi-family housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank's balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways. Recognized as a top five affordable lender ( , Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners.
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Analyst - Software - Bloomington, MN, United States - Merchants Capital Corporation
Description
As the Payoff Analyst , you will be responsible for handling incoming payoff quotes and ensuring timely communication across all platforms, including Agency (Fannie Mae and Freddie Mac), balance sheet, and HUD.
Work with internal and external parties to record mortgage releases and UCC terminations after payoff.