What are the responsibilities and job description for the National Purchase Specialist position at Newrez?
Who We Are
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
Position Summary
The National Purchase Specialist - Avenue is responsible for coordinating and processing national real estate purchase transactions from contract receipt through closing and post-closing. This role reviews purchase contracts, manages client website requirements, prepares settlement statements for closer and lender review, assembles complete closing packages, and assists with scheduling closing times.
The National Purchase Specialist - Avenue serves as a primary point of contact for attorneys, vendors, realtors, asset companies, and internal teams to ensure title clearance, compliance with contract timelines, and accurate CD/HUD approval. This position requires strong attention to detail, effective communication, and the ability to manage multiple transactions simultaneously in a fast-paced environment.
Description
Transaction Coordination & Processing
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Why Newrez
We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.
Company Benefits
We offer benefits, programs, and perks that support you in every aspect of your life.
Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
CA Privacy Policy
CA Notice at Collection
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
Position Summary
The National Purchase Specialist - Avenue is responsible for coordinating and processing national real estate purchase transactions from contract receipt through closing and post-closing. This role reviews purchase contracts, manages client website requirements, prepares settlement statements for closer and lender review, assembles complete closing packages, and assists with scheduling closing times.
The National Purchase Specialist - Avenue serves as a primary point of contact for attorneys, vendors, realtors, asset companies, and internal teams to ensure title clearance, compliance with contract timelines, and accurate CD/HUD approval. This position requires strong attention to detail, effective communication, and the ability to manage multiple transactions simultaneously in a fast-paced environment.
Description
Transaction Coordination & Processing
- Coordinate conventional and cash purchase transactions on a national level.
- Process purchase contracts, including tracking and receipt of earnest money.
- Ensure all contract and transaction data is entered accurately into internal systems.
- Monitor and adhere to contract timelines to maintain compliance throughout the transaction lifecycle.
- Order title searches and appropriate certificates.
- Send settlement notices and required documentation to all parties.
- Review title commitments for vesting accuracy and curative requirements.
- Work with internal and external partners to resolve title issues and ensure title clearance.
- Prepare CD/HUD settlement statements and make required revisions for lender approval.
- Assemble and quality-control closing packages prior to lender submission.
- Prepare and order documents required for settlement.
- Coordinate delivery of documents to notary closers.
- Maintain frequent communication with realtors, attorneys, vendors, asset companies, and lenders.
- Coordinate closing times with customers in partnership with scheduling teams.
- Ensure all parties receive timely updates throughout the transaction.
- Perform final review of taxes, premiums, endorsements, vesting, and checklist items prior to closing
- Assist post-closing, funding, recording, and policy teams as needed
- High School Diploma or equivalent required.
- Minimum of 2 years of experience in real estate title/closing, and document processing required.
- Minimum of 1 year of purchase experience; national purchase experience preferred.
- Strong understanding of real estate closing processes and documentation.
- Excellent verbal communication skills with the ability to interact professionally with internal teams and external customers.
- Strong attention to detail and organizational skills.
- Ability to work independently and manage assignments to completion within established guidelines.
- Ability to work under pressure, meet deadlines, and manage multiple priorities simultaneously.
- Strong customer service orientation with a positive and professional demeanor.
- Proficiency in Microsoft Windows, Word, Excel, Outlook, and internet-based systems.
- Working on-site at assigned office location.
- Regular and punctual attendance adhering to schedule established by leadership.
- Sedentary work in a stationary position at a cubicle for prolonged periods of time.
- Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
- Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.
- Ability to lift and carry light items (up to 25 lbs.).
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Why Newrez
We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.
Company Benefits
We offer benefits, programs, and perks that support you in every aspect of your life.
- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
- Adoption Assistance
- Tuition & Certification reimbursement
- Employee Mortgage Loan Program
- The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
- 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
- Matching Gifts Program - dollar-for-dollar up to $1,000
- Access to grants, nonprofit resources, and volunteer opportunities
- More than $6,000,000 donated since 2020
- 1 in 5 employees participates in at least one Employee Resource Group (ERG)
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
CA Privacy Policy
CA Notice at Collection
Salary : $6,000,000