Commercial Escrow Assistant

Commercial Escrow Assistant

Requirements

• Understands escrow standards, title clearance, real estate regulations and guidelines, and document preparation.
• Comprehends pay off per diems, tax prorations, interest, and the like.
• Understands lender documents and recordings.
• Repetitive use of a keyboard, extensive phone use, bending, sitting, squatting, light lifting, and simple grasping.

Responsibilities

• Opens escrows within 24 hours and ensures customers receive copies the same day.
• Assists in processing escrows with a high degree of quality, including funding/balancing, figuring, clearing prelims, and signing clients.
• Orders all necessary documents to close escrows in a timely manner (i.e., demands, loan documents, and insurance).
• Maintains records of communication with all partners involved in escrows.
• Follows company standards and practices when processing transactions, as well as applicable state laws and guidelines.
• Informs escrow officers of any missing items or problems relevant to closing.
• Deposits any funds required by buyers and sellers of each escrow within 24 hours of receipt.
• Returns all calls, voicemails, and emails in a timely manner.
• Performs other duties as assigned by supervisor.
• Adheres to company policies and guidelines.

Preferred Qualifications

• Notary republic status preferred.
• Minimum one (1) year of experience as an escrow assistant is preferred.
• Minimum of two (2) years of experience in loan processing is preferred.