REO Closing Coordinator

Location: Coraopolis
Posted on: April 17, 2024

Job Description:

Heavily communicates with client, lender, broker, Asset Management Company, Seller?s Agent, Buyer?s Agent, and internal staff to facilitate all closing issues in a timely manner. Responsible for the coordination of all aspects involved with finalizing the loan closing process.

ESSENTIAL DUTIES AND RESPONSIBILITIES

? Review daily reports to ensure completion of assigned duties.

? Responsible for preparation and accuracy of Hud-1 Settlement Statement and closing documents in accordance with state requirements and client instructions.

? Review title commitment for clearance and to assure all items are accounted for including but not limited to updating payoffs, taxes and HOA.

? Secure lender, seller and/or broker approval of loan closing documents.

? Address inquiries from client, seller, buyer, agents, internal staff and Asset Management Company professionally and in a timely manner.

? Maintain open communication with team members and team leader.

? Confirm closing dates, location, documentation, and funds due at closing with borrowers.

? Ensure all funding conditions have been met in accordance with state and client instructions.

? Deed Preparation.

? Cut checks to all payees and wire funds to the seller within client directed timelines.

? Resolve rejected documents.

? Attend and participate in bi-weekly team meetings.

? Prepare file for final policy issuance.

? All other duties as assigned.

Qualifications

?High School diploma or equivalent.

?Practical work experience within real estate industry and/or a vendor management service company.

?Working knowledge of real estate titles, deed preparation and closing.

?Proven customer service skills.

?Must be able to use and have advanced computer skills and be proficient in the Microsoft software products. We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.

Keywords: , Penn Hills , REO Closing Coordinator, Administration, Clerical , Coraopolis, Pennsylvania