Position Summary: The Escrow Processor’s primary function is to effectively analyze and organize all necessary documents needed to process closing packages. The Escrow Processor works closely with customers to obtain necessary information, and communicates with all parties throughout the transactions to coordinate the closing. The Escrow Processor needs to possess strong organizational and communication skills. The Escrow Processor must be able to operate in an environment with tight deadlines and strict standards.
Responsibilities/Duties:
- Closely reviews lender instructions.
- Determines escrow requirements by verifying buyer, seller, and lender instructions including calling on water, taxes and special assessments.
- Familiar with state city specific requirements.
- Completes calculations by prorating taxes and interest specific to the purchase agreement
- Obtains clear title by ordering title reports, resolving title defects, satisfying existing liens and encumbrances against property or principles
- Familiar with seller concessions and has ability to work through a file to obtain funding from lender.
- Schedules closings by reviewing title commitment to ensure file is clear to close
- Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
- Respond to inquiries from customers, attorneys, agents and brokers.
- Provides support to the Escrow Department.
Specific Knowledge & Skills:
- Work remotely
- Knowledge of title software desired, QUALIA Title System
- Understanding of basic computer programs (Microsoft Office)
- Familiar with the standard concepts, practices and procedures of the escrow and title process.
- Detailed oriented and professional; able to handle confidential information.
- Strong communication, both written and verbal.
- Financial and documentation skills.
- Must have excellent communication skills on all levels within and outside of the organization.
- Must take pride in quality work and excellent service.
- Must have a positive outlook.
- Must be a team player with a can-do attitude.
- Must be a professional with uncompromising ethics
Job Types: Full-time, Part-time
Work Location: Remote
