Sign upLog in

New Construction Processor

Fox Title Company

DeKalb, Illinois

Apply
JOB DETAILS
SALARY
$40,000–$60,000
SKILLS
Accounting Close, Analysis Skills, Business Solutions, Communication Skills, Construction, Construction Projects, Customer Relations, Customer Support/Service, Detail Oriented, Documentation, Easements, Escrow, Escrow Services, Federal Laws and Regulations, Insurance, Interpersonal Skills, Legal, Legal Documents, Liens, Loan Documents, Loan Review, Loans, Maintain Compliance, Microsoft Office, Mortgage, Mortgage Lending, Multitasking, Presentation/Verbal Skills, Problem Solving Skills, Process Management, Real Estate, Real Estate Sales, Regulations, Regulatory Compliance, Sales Management, State Laws and Regulations, Team Player, Time Management, Writing Skills
LOCATION
DeKalb, Illinois
POSTED
30+ days ago
Job Summary:

We are seeking a highly motivated and detail-oriented individual to join our team as a New Construction Processor. This position plays a critical role in facilitating the smooth and efficient completion of title and escrow processes for residential and commercial new construction, ensuring clear title transfer and compliance with all relevant regulations.

Duties and responsibilities:
  • Facilitate Construction Escrow Services with Builders, General/Sub-Contractors, Lenders and Homeowners:
    • Collect and Review Waivers then Disburse Funds according to the General Contractors Sworn Statement
    • Review and analyze legal documents such as deeds, mortgages, and easements to confirm their accuracy and validity, especially as they relate to new construction projects.
    • Review  title searches to identify any encumbrances, liens, or ownership disputes related to new construction properties.
    • Resolve title issues by collaborating with relevant parties and taking necessary legal action.
  • Escrow and Closing:
    • Manage the entire real estate closing process for new construction projects, ensuring compliance with real estate contracts, lender instructions, title requirements, and company procedures.
    • Coordinate with lenders, builders, and other stakeholders to obtain and process necessary documentation accurately and on time.
    • Prepare closing documents, including settlement statements and deeds, ensuring accuracy and compliance with state and federal regulations.
    • Manage the escrow process, including the deposit and release of funds.
    • Review loan documents for accuracy and follow up on title insurance.
  • Client Management and Communication:
    • Provide excellent customer service to clients, internal staff, and other stakeholders involved in the new construction process.
    • Communicate proactively with all parties, addressing inquiries and resolving issues promptly and professionally.
    • Build and maintain positive working relationships with clients, builders, lenders, real estate agents, and industry partners.

Knowledge, skills, and abilities:
  • Strong understanding of new construction processes, including phases of development, typical documentation, and relevant regulations.
  • Knowledge of  title insurance processes, and closing procedures.
  • Excellent communication and interpersonal skills, both written and verbal.
  • Strong attention to detail and ability to identify and resolve complex issues.
  • Proficiency in title and escrow software systems (e.g., Soft Pro ResWare, Qualia) and common business software platforms (e.g., Microsoft Office Suite).
  • Ability to work independently and as part of a team, managing multiple priorities and meeting deadlines.

About the Company

F

Fox Title Company