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We are looking for a detail-oriented Loan Processing Specialist to join our team in Perth Amboy, New Jersey. This position will support escrow-related loan servicing activities, with a focus on insurance disbursements, invoice handling, and communication with external agencies. The ideal candidate brings hands-on loan processing experience and a solid understanding of escrow accounts, insurance payments, and administrative follow-through in a fast-paced environment.
Job Responsibility:
Manage escrow-related loan processing tasks
Prepare and distribute checks, invoices, and related documentation accurately and within required timelines
Communicate with insurance agents and agencies to clarify billing details, resolve discrepancies, and confirm payment status
Monitor outstanding insurance items and follow up with external partners to ensure timely completion of required actions
Process incoming mail and organize supporting documents needed for loan servicing and escrow administration
Review payment adjustment requests and update loan records with accuracy and attention to compliance standards
Support daily servicing operations by maintaining complete documentation and assisting with routine administrative loan processing activities
Requirements:
At least 2 years of experience in loan processing, preferably within escrow, insurance, or loan servicing support
Working knowledge of escrow accounts, including the handling of property-related insurance and tax-related payment activity
Experience managing insurance invoices, premium disbursements, or related payment adjustment processes
Ability to communicate professionally with insurance agents, agencies, and internal stakeholders
Proficiency in Microsoft Word, Excel, and Office applications for documentation and tracking
Strong attention to detail, organization, and customer service skills in a regulated banking environment