What are the responsibilities and job description for the Settlement Agent (On-site) position at Keystonecustomhome?
Penn Transfer is looking for a highly motivated Settlement Agent to join our innovative, agile team on our journey to unprecedented levels of success! The Settlement Agent will be responsible for assembling, preparing, and reviewing/verifying documents for a loan closing while ensuring all applicable state, federal, and regulatory requirements are met—this role will play an important part in ensuring our customers’ financing experience goes smoothly, a crucial piece of the process to further our mission of “Building Dreams Together.”
Key Responsibilities:
Homebuyer Settlements
Homebuyer Settlements
- Receive and review lender prepared CD for approval
- Make any lender requested changes to title docs.
- Enter lender fees from Lender CD into Title Express
- Verify non-lender fees on Lender CD are correct (i.e. title fees, taxes HOA fees, recording fees, deposits, seller credits etc., pro-rations)
- Prepare Seller CD and send it to seller for approval.
- Send ALTA for Realtor Approval
- Print Closing packages and organize for settlement
- Review lender closing instructions
- Finalize disbursement ledger, match wire with lender amount.
- Communicate with buyers and realtors with any special requirements.
- Conduct settlements
Immediate Post Closing (homebuyer and takedowns):
- Verify wires are received.
- Prepare Deposits and Record incoming wire receipts
- Organize packages for scanning
- To be done as needed after settlement:
- Track mortgage releases and records upon receipt via Simplifile or send to county for Manage any post-closing requests from lenders and customers.
- Manage any monies being held for escrow purposes and release as required
Misc:
- Daily Positive Pay
- Water/sewer and payoff requests (as back up)
- Recordings and Post-Closing mailings (as back up for post closer)
- Make Deposits (as back up for Dawn)
- Assist in Policy Preparation (during any down time as back up)
- Follow up on outstanding checks/disbursements (as requested).
- Stipulation of Liens Preparation (as back up)
- Additional duties and responsibilities as assigned/needed.
Required Skills and Experience:
- High school diploma required; college degree preferred
- 3-5 years in achieving results in the title insurance, mortgage lending, or real estate field.
- Current PA Notary License or must be obtained within 30 days of hiring.
- Strong understanding of property titles, liens, mortgages, and related legal documentation
- A keen attention to detail and strong research and organizational skills.
- Excellent customer service skills and an enthusiasm for ‘Unreasonable Hospitality.’
- Proven project management skills, with the ability to set and meet aggressive deadlines.
- Exceptional interpersonal, verbal, and written communication skills, with a talent for building rapport quickly.