ResponsibilitiesMeritage Homes is looking for an Escrow Coordinator role to support new home closings for the Denver Division. The Escrow Coordinator will liaise between Meritage’s sales team and our internal and external lenders to finalize closings. The Escrow Coordinator has the following responsibilities.
Closing/Escrow Management
- Participates in meeting the budgeted closing objectives.
- Schedule closings
- Send out projected completion date/closing letters for each buyer
- Complete and finalize all closing statements (including final sales pricing and other terms) and send out to lenders and title companies.
- Advise Senior Management of potential escrow/closing problems – presenting solutions.
- Build and maintain relationships with Sales staff, Lenders and Title company representatives. Communicate directly with lenders and title regarding escrows.
- Manage the loan progress reports from lenders, follow up with Sales Associate on Buyers that are not in compliance with the contract terms, send letters to Buyers for non-performance once the communication with the Buyer by the Sales Associate has occurred, etc.
- Provide Buyer, Sales, Lender, Title Company, Design Center, Mortgage, and Construction personnel with the various sales and escrow documents, Options Contracts and amendment packages.
- Update, prepare, copy and distribute Closing Report
- Receive and review all HUDS before each closing
- Maintain all open and closed escrow files and ensure proper filing
- Work with MTH Mortgage division and corporate personnel to ensure implementation of all mortgage programs.
- Order appraisals and PWC as needed
Sales Responsibilities
- Generate weekly, monthly and quarterly sales reports to include traffic, closings, gross sales/cancellations and other ad hoc reports.
- Responsible for the initial review and processing/distribution of all Purchase Agreements and Exhibits, ensuring any errors are corrected; copy and distribute to Sales, Lender, Buyer and Title. Ensure accuracy of and daily updates to Constellation/Salesforce and Peoplesoft/Enterprice One systems.
- Review all Purchase Agreements prior to presenting to Finance Director
- Process customer deposits
- Notify Sales Director on all homebuyer issues and/or problems when brought to management attention.
- Respond to calls from Buyers, Sales, Lender, Title Company, Design Center, Mortgage, and Construction personnel; resolve or refer to appropriate person or department.
- Monitor and ensure the sales department is in compliance with all audit requirements.
- Implement/maintain all corporate-approved sales documents.
General Comments:
- Frequent contact with other departments, subcontractors, customer service reps and field construction personnel
- Frequent interruptions; composition of documents and correspondence; scheduling; high level of interpersonal skills
QualificationsEducation: High School Diploma, 2 or more years of college, preferred
Experience/Knowledge:
- Minimum of two (2) years of experience in an office support position
- Must have at least one (1) year of experience in homebuilding, real estate, lender or escrow fields.
- Professional image
- Good understanding of the escrow process and documentation, including purchase documents, options selections, loan requirements and closing procedures.
Technical Skills:
- Proficient in Microsoft Office applications including, Word, Excel, and Outlook
- Experience with Peoplesoft and Constellation/Salesforce or similar database systems preferred
Interpersonal/Communication Skills:
- Strong written/verbal communication skills, proofreading skills, and telephone skills
- Excellent Interpersonal and Customer Service
- Personal maturity; position requires the ability to react and respond favorably, and communicate in a professional manner with confidence and tact
- Frequent interactions with a wide variety of other external and internal contacts with all levels of authority and responsibility
- Team Player; with a demonstrated ability to work within cross-functional teams
Judgment:
- Sound judgment with the ability to make good decisions under time pressures
- Accurate; with keen attention to detail
- Self directed; takes initiative, proactively addresses problems; can work with minimal oversight
Mental Abilities:
- Analytical; with the ability to give, receive, analyze information, and interpret complex issues in order to determine the root problem and make effective decisions to bring the issue to a successful conclusion
- Highly organized and flexible; with the ability to prioritize multiple projects and meet deadlines, often with frequent interruptions and changing circumstances, in a high-volume fast-paced work environment
OverviewAre you looking for an incredible career opportunity? Then Meritage Homes is the place for you! From the homes we build to the careers we offer, we believe in quality. Meritage Homes is the ENERGY STAR® Partner of The Year in Sustained Excellence for being a leader in protecting the environment and advancing energy efficiency in homebuilding. We are looking for candidates who are excited about furthering their careers, as well as being a part of an organization that helps people live happier, healthier lives. With over 100,000 homes built, Meritage Homes is looking for professionals who are self-starters and want to help our organization grow by providing new and innovative ideas.
When joining Meritage Homes, you and your career can benefit in several ways, including:
- A work environment that encourages creativity and innovative ideas from every level
- An organization that lives by its core values everyday
- Team atmosphere where every individual is considered a vital asset
- State of the art technology to provide an optimal working environment
- A competitive pay structure
- Strong benefits
- Flexibility in work-life integration
- Team-oriented environment where all individuals play an integral role in the company
- Opportunity to further your career in a growing national organization
- Maintain a competitive drive to be the best
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