Bayview Fund Management, LLC
ESCROW & PAYOFF ANALYST
Bayview Fund Management, LLC, Horsham, Pennsylvania, United States, 19044
Overview
Lakeview Loan Servicing is seeking a detail-oriented Escrow & Payoff Analyst to join our team. This role involves facilitating all aspects of reviewing, confirming, and entering escrows, prepaid items, and payoffs in accordance with company and program guidelines, policies, and procedures.
This is a fully remote position that offers a competitive hourly pay of $24.04 to $26.44, plus a monthly bonus. You\'ll also receive our excellent benefits package, which includes medical coverage starting on day one and a company-matched 401(k).
Responsibilities
Ensure all escrow accounts are funded accurately
Calculate the amount of tax to be collected by obtaining property tax information from taxing authorities, current servicers, and tax certificates, and reconcile to determine the amount due
Determine due dates for all taxes and insurance by reviewing and reconciling information between the servicing system, tax certificates, and county (or other tax authority) websites
Ensure all taxes and insurance due on or before the last day of the month of the first payment date are paid or funded at closing
Set up a monthly collection of mortgage insurance (MI) premiums
Ensure all payoff figures are correct, including obtaining and reviewing current payoff information
Accurately input payoff data into the system and other applications as needed
Ensure FHA mortgage insurance premium (MIP) refunds are accurate based on the month of funding
Monitor changes to current escrow balances and payoffs, updating the loan origination system (LOS) accordingly
Qualifications
At least one year of experience in mortgage processing or closing
Excellent verbal and written communication skills
Strong interpersonal and organizational skills
Strong attention to detail
Ability to work overtime as needed
Willingness and ability to obtain SAFE licensing (at company expense) may be required
Lakeview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence, and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.
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This is a fully remote position that offers a competitive hourly pay of $24.04 to $26.44, plus a monthly bonus. You\'ll also receive our excellent benefits package, which includes medical coverage starting on day one and a company-matched 401(k).
Responsibilities
Ensure all escrow accounts are funded accurately
Calculate the amount of tax to be collected by obtaining property tax information from taxing authorities, current servicers, and tax certificates, and reconcile to determine the amount due
Determine due dates for all taxes and insurance by reviewing and reconciling information between the servicing system, tax certificates, and county (or other tax authority) websites
Ensure all taxes and insurance due on or before the last day of the month of the first payment date are paid or funded at closing
Set up a monthly collection of mortgage insurance (MI) premiums
Ensure all payoff figures are correct, including obtaining and reviewing current payoff information
Accurately input payoff data into the system and other applications as needed
Ensure FHA mortgage insurance premium (MIP) refunds are accurate based on the month of funding
Monitor changes to current escrow balances and payoffs, updating the loan origination system (LOS) accordingly
Qualifications
At least one year of experience in mortgage processing or closing
Excellent verbal and written communication skills
Strong interpersonal and organizational skills
Strong attention to detail
Ability to work overtime as needed
Willingness and ability to obtain SAFE licensing (at company expense) may be required
Lakeview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence, and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.
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