Overview
Join our dynamic team as an Escrow Assistant and play a vital role in facilitating smooth and accurate real estate transactions. In this energetic position, you will support escrow officers by managing essential documentation, ensuring compliance with industry regulations, and providing exceptional service to clients and stakeholders. Your attention to detail, strong organizational skills, and knowledge of mortgage processes will contribute to a seamless escrow experience for all parties involved. This paid position offers an exciting opportunity to grow within the financial services and mortgage industry while making a positive impact on our clients’ homeownership journeys.
Responsibilities
Assist escrow officers in preparing, reviewing, and processing escrow documents, contracts, and loan files with precision. Coordinate with lenders, title companies, real estate agents, and clients to gather necessary information and ensure timely completion of transactions. Verify borrower information through credit analysis and ensure compliance with FNMA (Fannie Mae) guidelines and Fair Housing regulations. Support loan origination activities by processing applications, conducting basic math calculations for loan amounts, and reviewing TILA (Truth in Lending Act) disclosures. Maintain accurate records of escrow transactions, including inbound and outbound documentation, logs, and reports. Assist with mortgage servicing tasks such as tracking loan payments, escrow disbursements, and ensuring adherence to banking standards. Utilize 10-key typing skills to input data efficiently while maintaining high accuracy levels throughout all processing activities.
Qualifications
Previous experience in loan processing, underwriting, or mortgage servicing is highly desirable; loan officer experience is a plus. Strong understanding of FNMA guidelines, TILA regulations, and escrow procedures. Familiarity with credit analysis techniques and basic math skills necessary for calculating figures related to loans and escrow accounts. Knowledge of contracts, banking operations, fair housing laws, and mortgage-related documentation. Proficiency in using escrow software systems along with excellent organizational skills to manage multiple transactions simultaneously. Ability to perform detailed reviews of loan files while adhering to regulatory standards and company policies. Excellent communication skills combined with a proactive attitude toward problem-solving within fast-paced environments. This role is ideal for motivated individuals eager to develop their career in financial services or the mortgage industry while contributing to a positive client experience through meticulous attention to detail and regulatory compliance.
Pay: $17.00 - $22.00 per hour
Benefits:
- Health insurance
- Paid time off
- Professional development assistance
- Referral program
- Retirement plan
Work Location: In person