Closing & Maintenance Specialist

Closing & Maintenance Specialist

 

 

Company:   EquityKeyTM

 

Location:   Irvine, California

 

Ownership:   Private

 

Web Address:  www.equitykey.com

 

 

About the Company

 

More than ever, people are living longer and require funds necessary to maintain an active lifestyle, fulfill retirement dreams, provide for healthcare needs and realize estate planning goals.  Many seniors own real estate characterized by large amounts of equity.  Till now the primary method of tapping into this equity was either selling the property or incurring additional debt in the form of mortgage loans.  In recent years, the “reverse-mortgage” has become popular among seniors owning high-equity real estate that want to benefit from their equity now, but still retain ownership.  For some, the idea of taking on additional debt is unappealing, leaving these seniors few alternatives.

 

In steps EquityKeyTM, a company who is revolutionizing the industry by providing a debt-free solution for seniors wanting to benefit from the equity in their homes.  EquityKeyTM is a premier financial services company offering a unique insurance-based product solution unheard of in the industry.  The EquityKeyTM solution is targeted toward seniors between the ages of 65 and 85 who are considering a reverse-mortgage or other types of home loans.  Rather than going into debt and risking their present equity the homeowner has worked so hard to build, EquityKeyTM believes there is a better solution.  With EquityKeyTM, seniors have the opportunity to receive debt-free cash today, and in exchange, the Company obtains the right to participate in the future real estate appreciation.  And unlike a reverse-mortgage or other home loans, this money does not accrue interest or have to be paid back.

 

EquityKeyTM is growing and has created a progressive and vibrant corporate culture, attracting both bright and articulate professionals excited by the Company’s vision.  While EquityKeyTM is considered a start-up, it enjoys all the benefits that a start-up company offers while minimizing the downside.  EquityKeyTM values work-life balance and is owned by a successful and well-funded parent company.

 

EquityKeyTM is a part of the KBC Group, one of Europe’s major financial services institutions. KBC is based in Belgium, employs some 50,000 people and serves over 11 million customers worldwide.  They are a publicly traded company with over $450 billion dollars in assets.  KBC is committed to the senior home equity market and sees the tremendous opportunity in helping seniors access some of the $4.3 trillion of home equity currently held by people over age 62.

 

It gets better.  With attractive compensation plans, generous benefit packages, a commitment to employee development and a rock solid reputation, EquityKeyTM should be your company of choice.

 

 

 

Position Description

 

The Closing & Maintenance Specialist is responsible for managing the real estate option of the EquityKeyTM solution and determines whether the subject property fits the program’s profile.  Responsibilities include the ordering of appraisals, title reports, wire requests and mortgage statements.  The Closing & Maintenance Specialist manages the documentation related to the real estate option including details related to property purchase, disposition and filing of appropriate deeds.  The Closing & Maintenance specialist evaluates the property and identifies the risks related to investment and mortgage type.

 

 

 

 

Candidate Profile

 

The ideal candidate will have prior experience closing real estate transactions and working with various real estate documents such as, mortgage statements, appraisal reports and title reports.  The ideal candidate will be able to collect, review and analyze property information and possess the ability to render fact-based decisions on property disposition.  The candidate will summarize his/her decisions in the form of a financial model. The candidate should have a working knowledge of different types of mortgage instruments and be able to surmise their prospective financial impact on each case. The ideal candidate will be detail-oriented, having the ability to multi-task and work on several difference cases at the same time. 

 

 

 

 

Minimum Requirements:

 

•  Possesses a four-year undergraduate degree.

 

•  More than three years experience closing real estate transactions in either the mortgage or escrow company.

 

•  Possess a working knowledge of real estate documents including mortgage instruments, appraisal reports, title reports, deeds, etc.

 

•  Strong organizational skills and detail-orientation.

 

•  Excellent written and verbal communication skills.

 

•  Ability to multi-task and manage multiple cases and projects.

 

•  Must be able to operate independently and with minimal supervision.

 

•  Proficient PC skills in Microsoft Office Products (Excel, Word).