Settlement Processor

Weichert; New Bedford (NJ); On-site; USD 68,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Life and disability coverage

401(k) retirement savings

Paid Time Off (PTO)

Flexible Spending Accounts

Job summary

Heritage Abstract Co. is seeking a Settlement Processor in Cherry Hill/Toms River/Wall/Morristown, NJ. This office-based role reviews and processes settlement orders, coordinates closing documents, and serves as the main contact for clients to ensure smooth closings.

The position requires knowledge of HUD-1/Closing Disclosures, strong communication, and multitasking abilities. Benefits include competing salary and comprehensive company perks.

Qualifications

• High school diploma or GED required.
• Paralegal education/certificate preferred.
• 1 year title processing or real estate paralegal experience preferred.
• Knowledge of HUD-1/Closing Disclosures and endorsements desirable.

Responsibilities

• Review and process new settlement service orders.
• Coordinate and prepare HUD-1/Closing Disclosures and closing packages.
• Serve as primary contact to customers requesting settlement services.
• Maintain communications with lenders, clients and attorneys throughout the closing process.
• Schedule closings and manage the order pipeline to meet timelines.
• Update transaction status in the client management system and Soft Pro.

Skills

Attention to detail

Communication skills

Multitasking

Customer service

Math skills

Organizational skills

Education

High school diploma or GED

Paralegal education or certificate

Associate's or bachelor's degree

Title producer license

Tools

Microsoft Office suite

Job description

Heritage Abstract Co. is hiring a Settlement Processor in Cherry Hill/Toms River/Wall/Morristown, 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.
• Coordinates with team members to assist on the training of new processes and procedures.
• 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 environment
• Basic 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 - $100,000 (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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.