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Leverage Companies

Data-driven real estate private equity

Loan Servicing Manager

Retail & Commercial BankingUpdated on Nov 11
Full-time$60k - $80k /yrRemote

About the Job

Requirements

  • At least 2 years of experience in mortgage servicing, ideally in DSCR, non-QM, or business-purpose lending.
  • Demonstrated ability to build servicing functions and manage vendor-driven servicing models.
  • In-depth knowledge of escrow, collections, payoff, and investor remittance workflows.
  • Strong understanding of servicing contracts, borrower documentation, and investor agreements.
  • Experience managing servicing technology stacks and integrating them with customer relationship management and loan origination systems, such as Salesforce and Mortgage Automator.
  • Proven leadership and project management skills, with the ability to execute while planning for scale.

Responsibilities

  • Design and implement scalable servicing operations tailored to DSCR and business-purpose loan portfolios.
  • Collaborate cross-functionally to transition note buyers to in-house servicing.
  • Onboard and manage vendor relationships for payment processing, escrow administration, collections, and other services.
  • Develop and own standard operating procedures for servicing workflows, including loan onboarding, escrow, payoffs, and investor remittance.
  • Serve as the primary point of contact for borrower servicing inquiries and escalations.
  • Train future team members on servicing agreements, loan documents, and customer engagement.
  • Establish and manage processes for proactive borrower outreach, including post-payment reserve depletion and at three or more year intervals for repeat loan opportunities.
  • Select and implement third-party vendors for payment processing, escrow for taxes and insurance, and collections.
  • Ensure vendor contracts cover all servicing obligations, including flood insurance verification and escrow analysis.
  • Oversee technology integration between loan origination systems, customer relationship management systems, and servicing systems.
  • Maintain regulatory compliance across all servicing activities, including bankruptcy and foreclosure workflows.
  • Coordinate with legal and local counsel on sensitive foreclosure and real estate owned matters and borrower protection protocols.
  • Design and deliver standardized monthly reports and fund remittances to note buyers.
  • Establish a framework for ad hoc reporting requests and determine fee structures for customizations.
  • Support internal stakeholders with servicing performance analytics.
  • Oversee early-stage collections up to 60 days delinquent, leveraging broker relationships to drive resolution.
  • Create escalation and default prevention processes in partnership with vendors.
  • Ensure payoff quotes, lien releases, and closing documentation are accurate and completed on time.
  • Lead day-to-day servicing operations as the department’s founding team member.
  • Collaborate with Asset Management leadership to scale the team as the portfolio grows, including analysts and junior analysts.
  • Support hiring, onboarding, and training of servicing staff over time.

Desired Qualifications

  • Experience establishing servicing departments or migrating servicing in-house.
  • Familiarity with key servicing vendors, including FCI, Petra, Lereta, Allied, and CoreLogic.

About the Company

Leverage Companies

Data-driven real estate private equity

Leverage Companies is a Newark, New Jersey-based real estate private equity firm that handles acquisitions, asset management, and private lending across its divisions. It uses an in-house data platform to analyze hundreds of data points and generate a seller motivation score, helping source real estate opportunities in northern New Jersey; its divisions include Brick City Capital (real estate financing), Leverage Homes (residential acquisitions and revitalization), Deals & Dollars (network and podcast), and Leverage Cares (financial literacy nonprofit). It combines data-driven deal sourcing with vertically integrated operations and a mix of debt and equity products to accelerate deal flow and manage assets locally. Its goal is to disrupt traditional real estate private equity by applying data analytics to identify opportunities and support urban revitalization in Newark and surrounding New Jersey communities.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Newark, NJ
Founded
2018

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