Job ID: 1804494
Reference Code: VI-Loan-Servicing Professional
Job Summary
Seeking an experienced Loan Servicing Professional to manage complex loan servicing and default administration from start to finish. This direct hire opportunity is ideal for a hands-on lending professional with strong California private money or commercial real estate lending experience who can protect investor interests, communicate clearly, and take ownership of difficult loan situations.
Key Responsibilities
- Oversee day-to-day loan servicing activities, including payments, payoffs, reconveyances, and borrower and investor communication.
- Monitor delinquencies, senior liens, property taxes, insurance, and other risk indicators to identify issues early and take appropriate action.
- Negotiate directly with borrowers on workouts, loan modifications, forbearance agreements, and resolution strategies.
- Manage Notice of Default and foreclosure processes from initiation through completion in coordination with trustees and legal counsel.
- Coordinate with bankruptcy counsel, foreclosure attorneys, and eviction counsel to protect loan and investor interests.
- Manage REO properties acquired through foreclosure, including preservation, oversight, marketing, sale coordination, investor updates, distributions, and final entity wind-down.
Compensation and Benefits
- Direct hire position.
- Salary range: $75,000 to $85,000 per year.
- Location: Aliso Viejo, CA.
Equal Opportunity Employer / Disabled / Protected Veterans
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The pay transparency policy is available here:
https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf
For temporary assignments lasting 13 weeks or longer, AppleOne is pleased to offer major medical, dental, vision, 401k and any statutory sick pay where required.
We are committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please contact your staffing representative who will reach out to our HR team.
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https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf
We also consider for employment qualified applicants regardless of criminal histories, consistent with legal requirements, including, if applicable, the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. Pursuant to applicable state and municipal Fair Chance Laws and Ordinances, we will consider for employment-qualified applicants with arrest and conviction records, including, if applicable, the San Francisco Fair Chance Ordinance. For Los Angeles, CA applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Required Qualifications and Skills
- Manage loan servicing, default administration, and borrower and investor communications.
- Lead default resolution processes, including workouts, foreclosure, bankruptcy coordination, eviction, REO management, and final sale.
- Track loan performance, collateral risk, taxes, insurance, senior liens, and legal milestones.
- Coordinate with foreclosure trustees, attorneys, bankruptcy counsel, investors, and other external parties.
- 3 to 5 years of relevant loan servicing, default administration, private lending, or commercial real estate lending experience.
- Solid experience with California private money lending or commercial real estate lending.
- Hands-on experience taking loans through default, foreclosure, and resolution.
- Strong understanding of notes, deeds of trust, borrower obligations, investor interests, and collateral protection.
- Experience working with foreclosure trustees, legal counsel, bankruptcy counsel, and related third-party service providers.
- Ability to communicate professionally with borrowers, investors, attorneys, trustees, and internal stakeholders.
- Strong organization, attention to detail, judgment, discretion, and follow-through.
- Ability to work independently, manage sensitive financial and legal matters, and make sound decisions with limited oversight.
Preferred Qualifications
- Experience managing REO properties after foreclosure, including property preservation, vendor coordination, marketing support, and sale processes.
- Experience negotiating borrower workouts, modifications, and forbearance agreements.
- Familiarity with California foreclosure timelines, bankruptcy impacts, eviction processes, and investor approval requirements.
- Prior experience in a boutique lending, private money lending, hard money lending, or investor-focused real estate finance environment.