The REO Contract Analyst is responsible for analyzing and reviewing real estate-owned (REO) purchase contracts to ensure accuracy, compliance, and adherence to investor, insurer, and company requirements. This role serves as the first line of quality control in the contract-to-close process by identifying discrepancies and confirming that required documentation is properly executed before files move forward. The REO Contract Analyst also supports post-sale deed intake by auditing deeds received by mail, scanning and indexing the documents, and uploading them to the appropriate system records and orders. The ideal candidate is detail-oriented, knowledgeable in real estate contracts, and skilled at communicating with multiple stakeholders.
Essential Duties and Responsibilities
- Review REO purchase contracts and related addenda for accuracy, completeness, and compliance.
- Verify contract terms, pricing, buyer and seller information, and contingencies align with investor and company guidelines.
- Identify and resolve errors, omissions, or inconsistencies in contracts before processing.
- Ensure required addenda, including HUD, VA, Fannie Mae, Freddie Mac, or client-specific forms, are included and correctly completed.
- Communicate with asset managers, real estate agents, and internal teams to obtain missing or corrected documents.
- Track contract timelines and flag potential issues that could delay closing.
- Maintain accurate and organized contract files for compliance and audit readiness.
- Provide feedback and escalate unresolved discrepancies to management as needed.
- Receive post-sale deeds and related documents delivered by mail; audit each document for the correct property or order, completeness, legibility, recording information, and required supporting documentation.
- Scan and index post-sale deeds using established naming and quality standards, upload them to the appropriate system record or order, and route exceptions for correction or follow-up.
- Assist other teams with operational tasks, document review, and related business needs as requested.
- Perform all other duties as assigned.
- High school diploma or equivalent required; associate or bachelor’s degree preferred.
- Two or more years of experience in REO, real estate contracts, and REO-specific requirements preferred.
- Familiarity with investor and insurer guidelines, including HUD, VA, Fannie Mae, and Freddie Mac, preferred.
- Excellent attention to detail and organizational skills.
- Strong communication and problem-solving skills.
- Ability to work both independently and as part of a team.
- Ability to work in a fast-paced environment, manage competing priorities, and meet strict deadlines.
- Proficiency with computers, including Microsoft Office, mortgage servicing or REO platforms, document imaging and scanning tools, and electronic records or order management systems.
- Ability to work overtime as needed.
- Competitive payrates based on skills and experience
- Extensive benefits package: Medical, dental, vision, HSA, mental health programs, Employee Assistance Program, short term disability, voluntary insurance (LTD, auto, home, life, legal, pet, identify theft), employee discounts
- Rest and relaxation: Paid holidays and generous PTO based on tenure
- Community and Philanthropy: Paid volunteer time
- Paid Maternity and Parental Leave
- Contribute to your future: 401K plan and robust continuous learning opportunities
- Work Perks Program: Access to discounts that help save money in your daily life
Is this the ideal location for you? This is an ONSITE position, meaning you have to report in office.
