Hills Bank and Trust Company · 1 month ago
Mortgage Title Specialist
Coralville,IA,US
Full-time
Onsite
Entry Level
1+ years expHills Bank and Trust Company is seeking a Mortgage Title Specialist to ensure that home mortgage transactions are supported by a clear, marketable title. The role involves ordering and reviewing title work, resolving title issues, and collaborating with various stakeholders to ensure timely and accurate closings.
Financial ServicesReal EstateVenture Capital
Responsibilities
Monitor pipeline activity to confirm title work is accurately ordered, received, and distributed
Coordinate with abstract companies and attorneys to ensure timely receipt of pre-closing title work in compliance with state and federal regulations
Gather and document essential contact information for both buyer and seller sides of the transaction
Review and analyze title commitments, Homeowners Association (HOA) documents, surveys, and legal descriptions, for accuracy and compliance
Confirm proper collateral filing and first lien position for mortgage transactions
Collaborate with borrowers, mortgage companies, attorneys, internal teams, etc. to resolve title issues, including ordering affidavits, releases, subordination agreements, HOA statements and corrections
Prepare 1099-S to distribute with preliminary title commitment
Request buyer/seller figures and transfer documents promptly to support efficient closings
Process Power of Attorney requests and submit for investor approval
Issue official checks for purchase closings
Maintain compliance standards throughout the process, ensuring accuracy and adherence to policies and regulatory guidelines
Communicate effectively with internal teams and external partners to resolve issues and prevent delays in the closing process
Build and maintain strong relationships with abstract companies, attorneys and real estate professionals
Qualification
Required
Associate's degree or equivalent from a two-year college or technical school
1-2 years related experience and/or training or equivalent combination of education and experience
Extensive knowledge of Microsoft Office and Encompass
Skills needed in a typical office environment including computer skills and communication skills
Preferred
Technical training in loan documentation and compliance issues
Benefits
Comprehensive and competitive benefits package
Company
Hills Bank and Trust Company
Hills Bank and Trust Company is a banking firm that offers banking, real estate lending, and notary services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Lisa Shileny
President and Chief Executive Officer
Recent News
Corridor Business Journal
2024-10-17
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