Commercial Escrow Specialist

2 months ago

Meriden, United States Planet Home Lending Full time
Job DescriptionJob Description

Planet Home Lending, LLC, is a privately held, full-service, national mortgage lender and servicer company. Planet is FNMA and FHLMC approved and sells through the Retail and Correspondent Channels, offering FHA, VA, Conventional, USDA and many other products. Planet Home Lending continues to reach month over month sales and servicing increases Come join us

 

Job Summary

The primary purpose of the Commercial Escrow Specialist is to administer all aspects of the escrow account including tax, insurance, escrow analysis, and escrow account maintenance in the servicing system.

 

Essential Duties and Responsibilities

  • Ensures real estate tax, insurance, and PMI/MIP payments are paid on a timely basis and premium updates are accurately inputted into the servicing system. Researches and pays delinquent taxes. Contacts agencies, vendors, and borrowers when needed.
  • Ensures the timely completion of all escrow related notifications to customers as required by state and federal law including annual escrow analysis, short year statements and PMI termination letters. Researches escrow disputes from borrowers.
  • Manages all account maintenance in the servicing system for escrow accounts including new account set up, deletion, rate updates and account changes.
  • Works with borrowers and contractors to ensure repair of damaged properties in compliance with state and investor regulations. Handles mortgage insurance claims including ordering property inspections, monitoring repairs and dispersing funds when appropriate.
  • Monitors the vendor relationships for Insurance the Real Estate Tax.
  • Monitors the placement of lender-placed homeowners and flood insurance ensuring timely premium payments. Files claims with the vendor as appropriate.
  • Completes the imaging of loan documents and other trailing documents for record retention.
  • Performs other duties as assigned.

Position Requirements

Education

  • High school diploma or equivalent required

Experience

  • Previous loan servicing, insurance or real estate tax experience preferred

Functional/Technical Skills

  • Strong written and verbal communication skills
  • Ability to problem solve and research issues when needed
  • Displays strong organizational skills, attention to detail, and ability to handle multiple priorities
  • Effectively manages time and meets deadlines
  • Possesses strong mathematical skills
  • Ability to analyze and interpret data

 

Benefits:

Our benefits package includes three comprehensive medical, two dental, and vision plan options. We provide employer paid short-term and long-term disability insurance, basic life insurance, 401(k), 11 holidays and three weeks paid time off per year. We also offer supplemental benefits including life insurance, critical illness, and accident plans.

Environmental/Physical Demands

Work is typically performed in a standard office environment. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice.

 

 

 


 

 

Company DescriptionBusiness is Booming Planet Home Lending, LLC, is a privately held, full-service, national mortgage lender and servicer company. Planet is FNMA and FHLMC approved and sells through the Retail and Correspondent Channels, offering FHA, VA, Conventional, USDA, Jumbo, Non QM, and many other products. Planet Home Lending continues to reach month over month sales and servicing increases Come join usCompany DescriptionBusiness is Booming Planet Home Lending, LLC, is a privately held, full-service, national mortgage lender and servicer company. Planet is FNMA and FHLMC approved and sells through the Retail and Correspondent Channels, offering FHA, VA, Conventional, USDA, Jumbo, Non QM, and many other products. Planet Home Lending continues to reach month over month sales and servicing increases Come join us

  • Head of Commercial Escrow Management

    1 week ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Job OverviewLocation: RemotePosition SummaryThe Senior Vice President of Commercial Escrow Operations plays a pivotal role in shaping and executing strategies to enhance the efficiency and effectiveness of the commercial escrow department. This includes oversight of real estate tax, insurance, escrow analysis, and construction draws, all while adhering to...

  • Head of Commercial Escrow Services

    2 weeks ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Job OverviewLocationRemotePosition SummaryThe Senior Vice President of Commercial Escrow Management plays a crucial role in crafting and executing strategies that enhance the overall productivity and effectiveness of the commercial escrow operations. This includes overseeing real estate tax, insurance, escrow evaluations, and construction disbursements in...

  • Senior Vice President of Commercial Escrow Operations

    2 weeks ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Job OverviewPosition: AVP of Commercial EscrowCompany: Planet Home LendingLocation: Meriden, CTRole SummaryThe AVP of Commercial Escrow plays a crucial role in formulating and executing strategies that enhance the efficiency and effectiveness of the commercial escrow operations. This includes managing aspects such as real estate taxation, insurance, escrow...

  • Escrow Account Management Specialist

    1 week ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Become a Part of Planet Home LendingPlanet Home Lending, LLC stands as a prominent national mortgage lender and servicer. We are authorized by FNMA and FHLMC, providing a diverse array of mortgage solutions through our Retail and Correspondent Channels. Our commitment lies in delivering outstanding service while enhancing our sales and servicing capabilities...

  • Escrow Specialist

    3 months ago

    Meriden, United States Planet Home Lending Full time

    Job DescriptionJob DescriptionJob descriptionJob SummaryThe primary purpose of the Escrow Specialist is to administer all aspects of the escrow account including tax, insurance, escrow analysis, and escrow account maintenance in the servicing system.Essential Duties and ResponsibilitiesEnsures real estate tax, insurance, and PMI/MIP payments are paid on a...

  • Assistant Vice President of Commercial Loan Operations

    2 weeks ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Position OverviewThe Assistant Vice President of Commercial Loan Servicing plays a crucial role in overseeing and strategically planning the operations of loan servicing, escrow, and payoff teams. This position is vital for ensuring efficient management and execution of loan operations.Key ResponsibilitiesLead and mentor teams involved in insurance, tax,...

  • Assistant Vice President of Commercial Loan Operations

    2 weeks ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Job OverviewLocationRemotePosition SummaryThe AVP of Commercial Loan Servicing plays a crucial role in managing and strategically directing the operations of loan servicing, escrow, and payoff teams. This position encompasses various functions, including insurance management, tax compliance, mortgage insurance, payoff processes, special loans, partial...

  • Senior Vice President of Commercial Loan Operations

    1 week ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Job OverviewLocationRemotePosition SummaryThe AVP Commercial Loan Servicing plays a crucial role in overseeing and strategically planning the operations of loan servicing, escrow, and payoff teams. This includes managing various functions such as insurance, tax and mortgage insurance, payoff quoting, and special loans. The individual in this position is...

  • AVP Commercial Loan Servicing

    4 weeks ago

    Meriden, United States Planet Home Lending Full time

    Job DetailsJob Location Meriden CT - Meriden, CT DescriptionJob Summary The AVP Commercial Loan Servicing is responsible for oversight and strategic operations planning and execution of the loan operations, escrow and payoff teams. These teams include the following roles: Insurance, tax & mortgage insurance, payoff quoting and releases & assignments, Special...

  • AVP Commercial Loan Servicing

    3 weeks ago

    Meriden, United States Planet Home Lending Full time

    Job DetailsJob LocationMeriden CT - Meriden, CTDescriptionJob SummaryThe AVP Commercial Loan Servicing is responsible for oversight and strategic operations planning and execution of the loan operations, escrow and payoff teams. These teams include the following roles: Insurance, tax & mortgage insurance, payoff quoting and releases & assignments, Special...

  • Assistant Vice President of Commercial Loan Operations

    1 week ago

    Meriden, Connecticut, United States Planet Home Lending Full time

    Job OverviewLocationRemotePosition SummaryThe AVP of Commercial Loan Servicing plays a crucial role in the strategic oversight and operational management of loan servicing functions, including escrow and payoff operations. This position encompasses various responsibilities, such as insurance management, tax and mortgage insurance coordination, payoff...

  • Personal Risk Specialist

    1 week ago

    Meriden, Connecticut, United States USI Insurance Services Full time

    Job SummaryWe are seeking a highly motivated and experienced Personal Risk Specialist to join our team at USI Insurance Services. As a Personal Risk Specialist, you will be responsible for serving the unique insurance needs of affluent/high net worth clients.Key ResponsibilitiesSchedule appointments and visit with high net worth individuals to understand...

  • Diesel Mechanic

    53 minutes ago

    Meriden, Connecticut, United States Grupo Tradebe Full time

    About the RoleWe are seeking a skilled Diesel Mechanic to join our team at Grupo Tradebe. As a Diesel Mechanic, you will be responsible for performing scheduled preventive maintenance and repairs on trucks, trailers, tankers, and other commercial vehicles.Key ResponsibilitiesPreventive Maintenance: Perform annual/FHWA inspections on commercial vehicles to...

  • Diesel Mechanic

    6 days ago

    Meriden, Connecticut, United States Quala Full time

    About the RoleWe are seeking a highly skilled Diesel Mechanic to join our team at Quala. As a Diesel Mechanic, you will be responsible for diagnosing and repairing complex mechanical issues on tank trailers and trucks.Key ResponsibilitiesDiagnose and repair mechanical issues on tank trailers and trucksPerform routine maintenance and inspections on...