$44,000 – $56,000 a year
REO & Retail Closing Processor
Summary:
To perform a variety of processing duties related to REO & Retail Real Estate closings in a high energy, fast paced environment, to help facilitate the timely closings of those loans, in addition to providing administrative support to the Escrow Closer.
Essential Functions:
- Handle all aspects of the REO & Retail closing process which may include opening of files, verification of title commitment preparation and sent to appropriate parties.
- Follow up on clearing of any title issues and consult with attorney/closer as needed, review of contract and analysis of contract terms, ordering survey, verifying hazard/flood insurance and proof of same, ordering pest and termite inspection, required payoffs for Retail closings, verifying liens/judgments, and reviewing HOA/COA Estoppel information, if applicable.
- Depending on volume, may be required to handle all aspects of post-closing, i.e., audit of account ledger sheet, disbursement of file, transmittal of documents for recording, mailing of payoff funds, organize file for scanning, input follow up tasks regarding title update search and final title policy preparation which will include preparing and issuance of Final Title Policy.
- Adhere to process and procedures as set forth by management in order to process and close REO & Retail closings.
- Maintain daily communication with sellers, buyers, real estate brokers, mortgage brokers, lenders and internal co-workers regarding status and progress of the closing.
- Maintain file notes and update client websites as to the progression and status of the closing.
- Coordinate closing date with all parties.
- Preparation of title commitments and final title policies.
- Daily communications with clients/asset management companies, and brokers to ensure healthy business partnerships.
- Interact with attorneys when issues arise during the processing of the file to ensure accurate information between all parties in order for the assigned closer to close the transactions efficiently and timely.
Education & Experience
- Minimum High School Diploma or equivalent; college degree preferred
- 1-2 years experience handling closings, REO experience preferred but not required.
Compensation
- Medical, dental, vision, Life, 401K
- Voluntary benefits i.e. accident, critical illness, STD
- Wellness Program
- Employee Referral Program
- Paid time off/holiday pay
- Centrally located
- Flexible schedules
- Stability with an industry leader and long-established firm
- Casual work environment
- Great co-workers and friendly work environment
- Tuition reimbursement after one year of employment
Job Type: Full-time
Salary: $44,000.00 to $56,000.00 /year
