The Title Escrow Assistant I assists Title Closers in coordinating real estate closing transactions, processes payments and maintains records of mortgage loans.
-
Types letters, forms, checks, and other documents used for collecting, disbursing, and recording in relation to the closing of the transaction
-
Executes terms of contract or trust agreement, such as holding money or legal papers, paying off mortgagees, or paying sums to designated parties
-
Answers customers’ inquiries regarding mortgage account and corrects records if needed
-
Files and delivers deeds and other legal documents
-
Records disbursement of funds to pay insurance and taxes
-
Types notices to government, specifying changes to loan documents, such as discharge of mortgage
-
Calls or writes loan application to obtain information for bank official
-
Orders services, such as property insurance, termite policies, and surveys, from third party providers as dictated by the real estate contract and/or separate closing instructions
-
Enters final data in computer to generate appropriate closing documents
-
Examines documents such as deeds, assignments and mortgages, to ensure compliance with escrow instructions, institution’s policy and legal requirements
-
Reviews printouts of allocation for interest, principal, insurance, or tax payments to locate and correct any errors
-
Performs all other duties as assigned
SUPERVISORY RESPONSIBILITIES
-
No supervisory responsibilities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:
-
High school diploma or GED and
-
2 years of experience or equivalent combination of education and experience
-
Bookkeeping and accounting experience preferred
COMPUTER AND OFFICE EQUIPMENT SKILLS
