Minnesota Bankers Association
Loan Servicing Specialist
Minnesota Bankers Association, Willmar, Minnesota, United States, 56201
Responsible for a variety loan servicing duties, including customer contact. Accountabilities include:
Board a variety of new loans to the system and fund proceeds to respective GL’s
Set up automatic payments, ACH and overdraft protection
Pay PMI, taxes, insurance as needed.
Release collateral upon repayment etc.
Credit reporting and dispute resolution, Year-end Tax Reporting
Loan Control Balancing and other GL Reconciliations
Monitor daily loan transactions & exceptions using various IQ reports
Timely and accurate responses to customer and employee questions and requests
Monthly SBA payment reporting and FSA/USDA semi-annual balance reporting
Service of participated and purchased loans • Assist tellers/RM’s with loan payment applications
Correspond with sub-servicer when customer issues arise
Cenlar branch payments and new loan wires
Gather documents for audits as requested
Set up and monitor ticklers
Provide payoff statements
Assist SAT with coding and tracking of troubled loans and 1099 C Preparation
MLA and SCRA determinations, coding and tracking
Responsible for compliance with laws and regulations applicable to this position.
Education & Experience
2-year degree in related field; 4 years experience
Requires education, expertise, and competence to complete the assignment in accordance with Federal Regulations.
Working knowledge of mortgage loan documentation terminology and methodology
Intermediate knowledge of title policies and related loan regulations such as RESPA, HMDA, and other bank lending policies
Apply at https://www.heritagebankna.com/about-heritage-bank/heritage-bank-careers/#careers
MBA Job number/Date Added H-8081: 12/8/25
#J-18808-Ljbffr
Board a variety of new loans to the system and fund proceeds to respective GL’s
Set up automatic payments, ACH and overdraft protection
Pay PMI, taxes, insurance as needed.
Release collateral upon repayment etc.
Credit reporting and dispute resolution, Year-end Tax Reporting
Loan Control Balancing and other GL Reconciliations
Monitor daily loan transactions & exceptions using various IQ reports
Timely and accurate responses to customer and employee questions and requests
Monthly SBA payment reporting and FSA/USDA semi-annual balance reporting
Service of participated and purchased loans • Assist tellers/RM’s with loan payment applications
Correspond with sub-servicer when customer issues arise
Cenlar branch payments and new loan wires
Gather documents for audits as requested
Set up and monitor ticklers
Provide payoff statements
Assist SAT with coding and tracking of troubled loans and 1099 C Preparation
MLA and SCRA determinations, coding and tracking
Responsible for compliance with laws and regulations applicable to this position.
Education & Experience
2-year degree in related field; 4 years experience
Requires education, expertise, and competence to complete the assignment in accordance with Federal Regulations.
Working knowledge of mortgage loan documentation terminology and methodology
Intermediate knowledge of title policies and related loan regulations such as RESPA, HMDA, and other bank lending policies
Apply at https://www.heritagebankna.com/about-heritage-bank/heritage-bank-careers/#careers
MBA Job number/Date Added H-8081: 12/8/25
#J-18808-Ljbffr