Settlement Processor

Weichert, Realtors; Morristown (NJ); On-site; USD 68,000 - 85,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement savings

Paid Time Off

Flexible Spending Accounts

Job summary

Title Closing Services, LLC is seeking a Settlement Processor to review and process new settlement orders and prepare closing documents for real estate settlements in Morristown, NJ. The role serves as the primary contact for customers to facilitate a smooth closing.

The position requires attention to detail and strong communication with lenders, attorneys, and clients. Base salary ranges from $67,500 to $85,000 annually, with comprehensive benefits.

Qualifications

• High school diploma or GED required; paralegal cert preferred.
• Paralegal education or certificate preferred.
• Associate or bachelor’s degree preferred.
• Title producer license preferred.

Responsibilities

• Reviews and processes new settlement orders; follows up on documents to closing.
• Coordinates HUD-1/Closing Disclosures and lender packages for settlements.
• Gathers information from all parties prior to closing and communicates with lenders.
• Maintains client management system and updates customers on status.
• Prepares and schedules closings; supports the exam and attorney network as needed.
• Responds to requests quickly and ensures timely closing with all parties.

Skills

Customer service

MS Office

Communication

Multitasking

Attention to detail

Office equipment

Education

High school diploma or GED

Paralegal education or certificate (preferred)

Associate’s or bachelor’s degree (preferred)

Title producer license (preferred)

Job description

Title Closing Services, LLC. is hiring a Settlement Processor in Toms River/Morristown/Cherry Hill, NJ. This is an Office based position. The Settlement Processor is responsible for reviewing and processing new settlement service orders, as well as the coordination and preparation of all necessary closing documents to facilitate real estate settlements. The position acts as the primary point of contact to customers requesting settlement services in order to facilitate a smooth closing process. This position is also responsible for reviewing and processing HUD-1/Closing Disclosures and closing packages for the daily settlements, following up with the lender for HUD approval and receipt of the closing package, while maintaining communication with all parties of the transaction.

Essential Duties And Responsibilities

• Reviews and processes new settlement service orders. Follows up on required documents up to the point of closing (e.g., association documents, Good Faith Estimates, surveys, etc.)
• Orders information to provide clearance to items such as judgments, child support payments, or open mortgages.
• Facilitates customer requests including endorsements, review of documents, and searches. Works closely with the examination team to explain delicate title matters.
• Responsible for gathering information and documents from all parties prior to the closing. Works closely with the mortgage company or lender to prepare preliminary HUD information.
• Manages the order pipeline proactively and effectively schedules closings to the customers’ satisfaction.
• Responds quickly to requests and provides periodic updates to the customer until their request is met. Documents interactions in the client management system.
• Reviews and processes incoming lender instructions in order to complete and obtain approval for the HUD-1/Closing Disclosure and receipt of the lender closing package.
• Requests the status of lender’s wire in order to meet the scheduled closing time.
• Facilitates lender requests with updated loan figures that need to be reflected on the HUD-1/Closing Disclosure.
• Manages scheduled closings effectively and updates the scheduled closings to ensure all parties involved are updated with the current status of the transaction.
• Responds quickly to requests and provides periodic updates to the customer until the HUD-1/Closing Disclosure is approved and closing package is received. Documents transaction status in the Soft Pro system and pipeline report.
• Provides daily support through phone and email to the customers, as well as the Regional Account Executive team.
• Builds and maintains relationships with the Regional Account Executive team, Attorney and Lender Network.
• Participates in special projects, on occasion, in support of the team and leadership, as well as for developmental purposes.
• Performs other duties as assigned.

Minimum Qualifications

Education, Certification, and License Requirements

• High school diploma or GED
• Paralegal education or certificate Preferred
• Associate’s or bachelor’s degree preferred
• Title producer license preferred

Experience

• One (1) year in a title processing or real estate paralegal role strongly preferred

Knowledge, Skills, And Abilities

• Good understanding of title binders, HUD’s, Closing Disclosures and endorsements
• Thorough understanding of the service process with the ability to build strong working business relationships
• Strong customer service skills
• Proficiency in Microsoft Office suite of products
• Good oral and written communications skills
• Ability to multitask in a fast-paced environmentBasic math skills including addition, subtraction, multiplication, division, percentages, and fractions
• Strong attention to detail
• Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.)

The estimated base salary range for this position is from $67,500 - $85,000 (annually). The rate of pay offered will be dependent upon several factors including but not limited to the candidate's relevant skills, education, work experience, job location/geographic region, and/or certifications.

Weichert offers a comprehensive suite of benefit programs to all eligible employees, including medical, dental, and vision insurance, life and disability coverage, 401(k) retirement savings, Paid Time Off (PTO), Flexible Spending Accounts (FSA), and much more.

Weichert is an equal opportunity employer. We are committed to non-discrimination on any protected basis, such as veteran status, or any other basis covered under applicable law.