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Escrow Coordinator

Company: Lennar Corporation
Location: Federal Way
Posted on: May 20, 2023

Job Description:

Escrow CoordinatorUS-WA-Federal WayJob ID: 2023-26620Type: Regular Full-Time# of Openings: 1Category: AccountingMCG - SEAOverviewWelcome Home! Build your career with Lennar:As one of the nation's largest builders, Lennar has built over one million new homes for families across America. Since 1954, our communities have catered to all lifestyles and family dynamics, whether you are a first-time or move-up buyer, multigenerational family, or active adult. At Lennar, Everything's Included in our homes, and Everyone's Included on our team. Our Everyone's Included vision is to be as inclusive and diverse as the communities we build unleashing the power of diversity within our workforce to drive innovation & sustainable growth. Lennar's Core Values:Our commitment to Quality, Value, and Integrity is the underlying foundation upon which Lennar was built, and these three fundamental principles still guide us in caring for our customers, associates, trade partners, shareholders, and community.ResponsibilitiesEscrow Coordinator Summary:

  • Responsible for the opening, processing, and closing of escrow files in a proper and timely manner. This position carries a high degree of responsibility for accuracy in the projection and timely coordination of the division escrow closings. Fast, frequent, and accurate communication is critical between the escrow manager, sales associates, field associates, escrow companies, Lennar Mortgage, outside lenders, title companies, and Director of Sales. The paperwork is substantial and must be filed or processed and forwarded daily, requires extensive time on the computer and telephone. Escrow Coordinator Responsibilities:
    • Input lender information and track and approval all lender changes for escrow companies.
    • Input and review loan approvals and verification of funds.
    • Input current closing and open escrow status.
    • Prepare and distribute amendment request/ selection summary by coordinating with the sales associates, lenders, and any outside contractor for upgrades.
    • Prepare and Record Notice of Completions.
    • Create and mail buyer correspondence as necessary regarding non-performance under the terms of the Purchase Agreement.
    • Maintain projected closings spreadsheet and JD Edwards weekly sales flow.
    • Process change orders, price changes and sales releases.
    • Assist the Director of Sales with traffic reports.
    • Assist the Escrow Manager with the following:
    • Preparation of weekly sales reports. Inputs current information from weekly sales recaps.
    • Process, track, and account for buyer sales incentives.
    • Notarize Grant Deeds and other escrow documents as required.
    • Coordinate Flooring Releases.
    • Prepare check and wire request as necessary for cancellations and other seller refunds.
    • Review and approve all Estimated Settlement statements.
    • Close out, balance file and review Final Settlement statements prior to Accounting Department's review of closed files.
    • Assist with weekly escrow closing meetings with Eagle Home Mortgage, sales associates, Controller, and various office and field managers. Update flow sheet because of this meeting.
    • Problem solve all escrow tracking and closing issues between all parties.
    • Perform all other duties as assigned.QualificationsEducation & Additional Qualifications:
      • Two (2) years escrow experience; homebuilding industry a plus
      • High School diploma or GED required
      • Skilled in Microsoft Excel and Word
      • Valid driver's license
      • Current Notary Public (preferred)
      • Accurate typing 60-70 wpm
      • Excellent verbal, written and oral communication skills
      • Strong organizational and multi-tasking skills
      • Must possess a professional attitude to represent company in positive manner
      • Requires the ability to work while functioning under the stress of problem solving and time sensitive deadlines
      • Maintain regular attendance and punctuality relative to daily work schedule is required
      • Follow directions from a supervisor
      • Interact well with co-workers
      • Understand and follow work rules and procedures
      • Accept constructive criticismPhysical Requirements:
        • This is primarily a sedentary office position which requires the ability to occasionally bend, stoop, reach, lift, move, and carry office materials and supplies weighing twenty (25) pounds or less. Finger dexterity is required to operate a computer keyboard and calculator. May be required to operate a motor vehicle.FLSA Status: Non-exempt Life at Lennar:Lennar recognizes our associates are the heart of the company's success. Learn new skills, build your path, and become an integral part of the Lennar Family. Lennar associates will be eligible for many benefits in accordance with Lennar's policies and applicable plan terms, including:
          • Health Insurance - Medical, Dental & Vision
          • Vacation - up to 3 weeks of vacation per year upon hire
          • Holidays, Sick Leave, & Personal Days
          • 401(k) Savings Plan with company match
          • Paid Maternity & Bonding Leave
          • New Hire Referral Bonus Program
          • Home Purchase Discount for Associates
          • Associate Assistance Plan
          • Everyone's Included Day
          • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.General Overview of Compensation & Benefits:
            • The *median base compensation for this position is estimated to be $23.08/hour, subject to adjustment based on business-related factors including employee qualifications, geographic location, and operational considerations.
            • This position will be eligible for the benefits listed above in accordance with Company policy.
            • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business* The median amount may be greater or less than the average salary.Please see job descriptionPI216833366

Keywords: Lennar Corporation, Federal Way , Escrow Coordinator, Other , Federal Way, Washington

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