Loan Boarding Specialist

Department: Loan Servicing

Reports to: Loan Servicing Manager

Position Summary

CRF Loan Boarding Specialist performs and continuously improves the Loan Servicing process, primarily focusing on the task of boarding and modifying Contract Loan Servicing (CLS) loans for investors within stated Service Level Agreement (SLA) guidelines and providing back-up as needed to the SBA Specialist. The position requires a high level of competencies and characteristics, including multi-tasking, working independently and collaboratively, having a positive attitude, and problem solving.

Essential Duties

Loan Boarding and Loan Modifications (75%)

  • Act as primary in regards to loan boarding and processing loan maintenance and modifications of the CLS portfolio accurately and within the stated SLA guidelines
  • Loan Boarding/Maintenance duties include, but are not limited to the following:

    • Process loan Boarding and maintenance in Nortridge Lending System (NLS)
      • Review documents prior to boarding for completeness and accuracy, reaching out to the investor if there are any missing items or for corrections as needed
      • Board loans manually or through automatic upload (when applicable) for CLS clients accurately and within stated SLA guidelines
      • Process loan maintenance and modification, allonge, restructure, and amendment requests accurately and within the stated SLA guidelines
      • Process loan updates to loans as stated in the loan documents or as requested by the CLS client. Updates may include, but are not limited to maturity dates, changes to terms, interest rates, etc.
      • Process loan amortizations and accompanying payment updates upon request by CLS client, Loan Servicing Manager, Enterprise Risk Management staff, or as directed in the loan documentation
    • Process Collateral Releases (Mortgage Satisfactions, etc) for CLS Clients

Customer Service (15%)

  • Provide excellent Customer Service to internal and external customer requests received over the phone, email, fax, or in-person following stated Service Level Agreements (SLA)
  • Process, review and approve Contract Loan Servicing loan payoff requests for commercial and consumer loans

Relationship Management (5%)

  • Develop and maintain effective working relationships with all internal and external customers and departments.
  • Ensure response times to inquiries or correction requests are completed within the allotted timeframe stated in the SLA

Miscellaneous Duties (5%)

  • Other miscellaneous duties as assigned

This position will be responsible for working within the guidelines of the compliance requirements that pertain to the Loan Servicing department. The Loan Servicing department is responsible for monitoring and reporting on compliance objectives.


Three to five years of loan servicing experience or a combination of education and experience providing equivalent knowledge. Proven experience with loan boarding, loan review, and customer service is highly desirable.

General Computer Literacy
Be familiar with and a willingness to work with computer technology. Have an understanding of computer hardware, the abilities and limitations of computer software packages and how to work within those limits. Experience with the following software: Microsoft Office, Word and Excel; and a nationally known loan servicing software.

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Sitting. While performing the duties of this job, specific activities require close vision with repetitive hand and finger motions. The employee must occasionally lift and/or move up to 25 pounds.


  • Belief, model, and support of CRF’s Mission, Vision and Values
  • Awareness and support of the development and implementation CRF’s Strategic Plan
  • Effectively communicate with superiors, colleagues, and staff utilizing communication standards, channels, platforms and schedules such as branding guidelines, CRF’s intranet, etc.
  • Participate in the continual revision and improvement of processes and procedures to enhance organizational growth
  • Understanding and adherence to the Compliance requirements for this position
  • Promote effective collaboration across the organization and network
  • Belief in and practice of CRF’s Diversity, Equity and inclusion philosophy – modeling behavior that inspires dialogue, learning and cross-cultural exchange

What We Offer

A collaborative working environment comprised of driven and highly-engaged individuals committed to the mission, vision and values of CRF. CRF is proud to extend its employees a wide array of benefits including, but not limited to:

  • Most positions offer flexibility for remote work
  • Health and dental insurance
  • 403B and Roth IRA
  • Paid Time Off (PTO)
  • Wellness Program
  • Educational Assistance
  • Long-Term and Short-Term Disability
  • Life Insurance
  • 10 Federal Holidays plus 2 Floating Holidays

How to Apply

To apply for this position, please email your resume to

Community Reinvestment Fund USA, Inc is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status or any other characteristic protected by law.

CRF USA, Inc. requires all employees to be vaccinated for COVID-19. As a condition of hire with CRF USA, Inc. candidates must be able to show proof of vaccination for COVID-19 prior to an extension of an offer of employment. Accommodations will be considered for disabilities or sincerely held religious beliefs. For the health and safety of our clients and employees, accommodations will not be considered for positions that require face to face interaction.

Candidates must reside in and be authorized to work in the United States without sponsorship.

CRF is headquartered in Minneapolis, Minnesota. For further information, please visit


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