Loan Servicing Clerk IV Job Description
The following is a full job description for Loan Servicing Clerk IV. Here are the requirements and responsibilities for Loan Servicing Clerk IV along with statistics. If after reading this page you determine that Loan Servicing Clerk IV is not the position you are looking for, you may want to try one of these similar titles: Loan Servicing Supervisor, Loan Servicing Clerk III, Loan Servicing Clerk I, Loan Servicing Clerk II, Loan Servicing Manager, Loan Servicing Senior Manager, Loan Processing Manager, Accounting Clerk IV, Loan Processor II
Requirements and Responsibilities For Loan Servicing Clerk IV
Services and maintains loan accounts by performing routine administrative tasks, ensuring accurate loan records, and providing customer support for the duration of the loan term. Reviews loan documentation and system records to verify payment activity, interest calculations, and account balances. Updates borrower information, processes payments, and applies adjustments such as escrow updates, late fees, or payoff calculations. Responds to borrower inquiries regarding loan balances, payment status, and servicing policies while maintaining compliance with regulatory guidelines. Maintains accurate loan files and supports audits by organizing documentation and verifying data accuracy. Requires a high school diploma. Typically reports to a supervisor. Independently performs a wide range of complex duties under general guidance from supervisors. Has gained full proficiency in a broad range of activities related to the job. Typically requires 5-7 years of related experience.
 
Also referred to as: Loan Servicing Associate IV, Loan Servicing Representative IV - Consumer Loans, Loan Servicing Specialist IV - Consumer Loans
Similar Jobs:  Loan Servicing Supervisor, Loan Servicing Clerk III, Loan Servicing Clerk I, Loan Servicing Clerk II, Loan Servicing Manager, Loan Servicing Senior Manager, Loan Processing Manager, Accounting Clerk IV, Loan Processor II
Level of Education:  Loan Servicing Clerk IV Salaries with No Diploma, Loan Servicing Clerk IV Salaries with a High School Diploma or Technical Certificate, Loan Servicing Clerk IV Salaries with an Associate's Degree, Loan Servicing Clerk IV Salaries with a Bachelor's Degree, Loan Servicing Clerk IV Salaries with a Master's Degree or MBA, Loan Servicing Clerk IV Salaries with a JD, MD, PhD or Equivalent
Industries:  Business Services, Edu., Gov't. & Nonprofit, Financial Services
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