Full-Time
Escrow Officer
Confirmed live in the last 24 hours
Divvy Homes
51-200 employees
Rent-to-own model for homeownership access
Senior
Phoenix, AZ, USA
Hybrid position based in Arizona.
- Strong communicator, who can work cross-functionally with multiple teams
- Technical aptitude and ability to communicate effectively with customers via phone and email
- Strong Business Development skills and relationships with established clientele
- Ability to work in a fast-paced, high-growth environment as an individual contributor and in collaboration with others
- A high degree of organization
- Computer competency
- Proficiency with the Microsoft Office Suite
- Fluency with escrow and title software, ideally Qualia
- 5+ years of experience in escrow and closing
- Strong focus on problem-solving with excellent customer service skills
- State licenses are encouraged, but not required for hiring
- Ability to multitask effectively and handle a high volume of transactions
- Comply with state and federal laws governing escrow transactions and escrow trust accounts
- Open escrows and communicate with all parties involved to coordinate the transfer of the deposit into escrow and collect all information necessary to set up the file
- Prepare and deliver preliminary fees
- Prepare and deliver documents for signature
- Review title commitment and resolve curative issues
- Schedule closings
- Review executed loan documents and return to lender for funding review and approval, in accordance with their specific instructions
- Perform clerical duties such as filing, answering phones, typing forms and corresponding with parties to the transaction
- Manage tasks and workflow for assistants and processors working directly on your transactions
Divvy Homes provides a rent-to-own model that helps individuals and families achieve homeownership. The company purchases homes chosen by clients and rents them out, allowing clients to live in the home while saving for a down payment. Each month, a portion of the rent contributes to this savings goal. Clients begin by applying for approval, after which they can select a home from Divvy's listings. Divvy manages major repairs, while tenants handle routine maintenance. When clients are ready to buy, they can use their accumulated savings for the down payment and closing costs. If they choose not to purchase, they can leave with their savings, minus a fee. Divvy Homes stands out by offering a structured savings plan and flexibility for those who may not qualify for traditional mortgages, making homeownership more accessible.
Company Stage
Debt Financing
Total Funding
$379.4M
Headquarters
San Francisco, California
Founded
2017
6 month growth
↓ -4%1 year growth
↓ -19%2 year growth
↓ -53%
Simplify's Take
What believers are saying
- Increased interest in rent-to-own models boosts Divvy Homes' customer base.
- Remote work trends drive demand for suburban homes where Divvy operates.
- Technological advancements streamline operations, reducing costs and improving customer experience.
What critics are saying
- Increased competition may erode Divvy Homes' market share.
- Recent layoffs could impact innovation and service quality.
- Rising interest rates may reduce clients' transition from renting to owning.
What makes Divvy Homes unique
- Divvy Homes offers a unique rent-to-own model for aspiring homeowners.
- The company operates in major U.S. cities like Phoenix, Orlando, and Atlanta.
- Divvy Homes shares home maintenance responsibilities with tenants, enhancing customer experience.
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Benefits
100% remote first culture
Flexible PTO
Monthly mental health day
Generous leave policies
Company-sponsored Modern Health coaching & therapy sessions
Equity
Paid medical benefits
401k match & access to a financial planner
Professional development stipend
Remote workspace allowance
Monthly co-working space stipend
Paid parental leave