ALTA Reconciliation Specialist

Are you ready to be part of a dynamic and innovative mortgage company that prioritizes relationships over transactions? At NQM Funding, LLC, dba Premier Mortgage Associates, we have been dedicated to turning dreams of homeownership into reality for over 25 years. We believe in building enduring relationships with our clients, providing personalized mortgage solutions that truly put their needs first. Our commitment to excellence and integrity sets us apart, allowing us to close loans based on genuine connections rather than mere leads.

Embark on a fulfilling career where your dedication to client satisfaction is valued and makes a real difference. Join our team and discover a path where passion aligns with excellence, providing daily opportunities to make a significant difference. Apply today and become part of our journey to create homeowner success stories

Our Post-Closing Department is looking to hire an ALTA Reconciliation Specialist.

ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 100 MBPS.

Job Title: ALTA Reconciliation Specialist

Reports To: Post-Closing Acquisitions Manager / Director of Acquisitions

FLSA Status: Non-Exempt

Department: Post Closing

Division: Retail / Wholesale

Salary Range: $55K to $65K per year

Summary:

Responsible for working with Title to obtain final ALTA/Disbursement statements and Final Documents company to balance final Closing Disclosures for Escrow State loans.

Duties and Responsibilities:

• Tracks ALTA pipeline to clear out all aged and current loans where final Closing Disclosures need to be balanced per Escrow State Compliance Standards
• Create and manage final disclosure pipeline while completing reviews to validate escrow state loans disbursed as per disbursement date provided on Closing Disclosures.
• Follow up on any outstanding documents required to comply with dry state regulations including but not limited to checks for prepaid interest, recording fee reimbursements etc.
• Must be fully knowledgeable in TRID fee compliance standards and capable of assessing necessity of cures to borrower, when required.
• Must be able to multitask and track reporting daily while requesting and receiving required documentation to close out loans requiring post-funding balancing.
• Must be fully versed in the reading and comprehension of title final ALTA/disbursement statements
• Must be knowledgeable in Escrow state functions with full understanding of functionality of disbursement and how to correct Closing Disclosures
• Other assigned tasks or responsibilities that may not be delineated above.

Skills:

• Critical thinking and problem-solving skills
• Planning and organizing
• Decision-making
• Communication skills
• Persuasiveness
• Delegation
• Teamwork
• Negotiation
• Conflict management
• Adaptability
• Stress tolerance

Education/Experience:

Degree: High School Diploma or Equivalent. 5 years of post-closing or similar experience required. Must be fully knowledge of TRID fee compliance standards and functionality of Escrow State post-funding disbursement processes. Encompass experience preferred.

NQM Funding, LLC offers the following benefits:

• Medical Plan
• Dental Plan
• Vision Plan
• GAP Insurance
• Life Insurance paid by the company
• Voluntary Life Insurance
• 401K
• Pet Insurance
• Legal Shield/ID Shield

Equal Employment Opportunity:

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.