Special Loan Products Specialist #37615
Admin/Office Ewing, NJ
Contract Feb 7, 2025
Admin/Office
Job Title: Special Loan Products Specialist
Job Overview:
We are seeking a detail-oriented Special Loan Products Specialist to join our team in an onsite, full-time role based in Ewing, NJ. This temporary-to-hire position offers an hourly pay rate of $22–$24 and provides an excellent opportunity for growth in the mortgage and banking industry. The Special Loan Products Specialist will be responsible for analyzing and processing specialized loan products, including ARM loans, Buydown Loans, Step Rates, SCRA, Bi-Weekly Loans, Partial Releases, Transfers of Ownership, and Balloons. This role requires strong analytical skills, attention to detail, and a commitment to ensuring loan accuracy and compliance.
Compensation:
Key Responsibilities of the Special Loan Products Specialist:
Qualifications and Skills for the Special Loan Products Specialist:
Work Schedule:
Why Join Us?
As a Special Loan Products Specialist, you will play a key role in ensuring loan accuracy and compliance while working in a dynamic and fast-paced environment. This is an excellent opportunity to develop expertise in specialized loan processing and advance within the mortgage and banking industry. If you are detail-oriented, analytical, and customer-focused, we encourage you to apply!
About Us:
Contemporary Staffing Solutions (CSS) is a trusted leader in providing contract, temporary, temp-to-hire, and direct hire staffing solutions. With decades of experience, we’ve grown from a staffing agency to a nationwide provider of workforce management solutions. Our niche recruitment expertise spans Accounting & Finance, Call Center & Office Support, Human Resources, Sales & Marketing, and Information Technology.
Explore more about CSS and how we connect great talent with exceptional opportunities by visiting www.ContemporaryStaffing.com.
Job Overview:
We are seeking a detail-oriented Special Loan Products Specialist to join our team in an onsite, full-time role based in Ewing, NJ. This temporary-to-hire position offers an hourly pay rate of $22–$24 and provides an excellent opportunity for growth in the mortgage and banking industry. The Special Loan Products Specialist will be responsible for analyzing and processing specialized loan products, including ARM loans, Buydown Loans, Step Rates, SCRA, Bi-Weekly Loans, Partial Releases, Transfers of Ownership, and Balloons. This role requires strong analytical skills, attention to detail, and a commitment to ensuring loan accuracy and compliance.
Compensation:
- Pay Rate: $22–$24 per hour
Key Responsibilities of the Special Loan Products Specialist:
- Analyze special loan portfolios to identify and correct data discrepancies.
- Process payment applications and adjustments for specialized loan products.
- Research and review loan documents and daily reports to ensure accurate loan data corrections.
- Execute system changes for modifications, ARMs, Balloons, Buydowns, Step Rate loans, and custom client requests.
- Conduct loan-level reviews and provide findings to department management.
- Communicate effectively with clients, borrowers, and client relations teams via phone and written correspondence.
- Assist with retention modification, recast programs, and other client-driven initiatives related to specialized loan products.
- Verify loan system data, including interest rates and principal payments, to ensure accuracy.
- Ensure timely borrower notifications for interest rate and payment adjustments on ARMs, Step Rates, and Interest-Only loans.
- Maintain compliance with industry regulations, company policies, and risk management practices.
Qualifications and Skills for the Special Loan Products Specialist:
- High school diploma or GED required; bachelor's degree preferred.
- Minimum of two years of corporate clerical experience required.
- At least one year of mortgage or banking experience is a plus.
- Strong written and verbal communication skills.
- Proficiency in Microsoft applications (Excel, Word, Outlook).
- High attention to detail and ability to analyze financial data.
- Strong customer service orientation and problem-solving abilities.
Work Schedule:
- Monday – Friday, 8:30 AM – 5:00 PM (onsite in Ewing, NJ)
Why Join Us?
As a Special Loan Products Specialist, you will play a key role in ensuring loan accuracy and compliance while working in a dynamic and fast-paced environment. This is an excellent opportunity to develop expertise in specialized loan processing and advance within the mortgage and banking industry. If you are detail-oriented, analytical, and customer-focused, we encourage you to apply!
About Us:
Contemporary Staffing Solutions (CSS) is a trusted leader in providing contract, temporary, temp-to-hire, and direct hire staffing solutions. With decades of experience, we’ve grown from a staffing agency to a nationwide provider of workforce management solutions. Our niche recruitment expertise spans Accounting & Finance, Call Center & Office Support, Human Resources, Sales & Marketing, and Information Technology.
Explore more about CSS and how we connect great talent with exceptional opportunities by visiting www.ContemporaryStaffing.com.