Escrow Officer
Job DescriptionJob DescriptionDescription:American Title is a locally owned and operated organization with a family atmosphere. We enjoy seeing one...
Job Description
American Title is a locally owned and operated organization with a family atmosphere. We enjoy seeing one another face-to-face in the office (this position is not eligible for remote work).
We offer a well-rounded benefits package effective the first of the month after commencement of employment. Benefits include such plans as a company paid life insurance and disability policies, 401(K), medical, dental, vision, paid time off and much more!
AMERICAN TITLE SERVICE AGENCY EMPLOYEES ARE DEDICATED TO THE FOLLOWING:
- A commitment to a value system based on the respect for dignity of all individuals, whether customer or supplier
- Adherence to the highest ethical standards and expectation that each associate will maintain consistency, persistence and above all, integrity
- Striving for excellence in all that we undertake, encouraging consistent and continuous improvement in all results
- Recognizing that "Above all Else...Service"! to our customers maintains our existence
- Accepting responsibility and communicating clearly if we cannot honor a commitment
Work Performance
- Be familiar and comply with ATSA’s Best Practices for Escrow Handling, RESPA, Accounting and Recording best practices
- Develop new and repeat business and responsible for establishing new escrow accounts
- Complete real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds; interpret and explain loan documents
- Determine escrow requirements by studying and clarifying buyer, seller, and lender instructions
- Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals
- Establish escrow account by depositing funds; maintaining records
- Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents and preparing for recording
- Complete calculations by prorating taxes and interest
- Complete closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures
- Complete closing by recording and filing documents; preparing and distributing final closing statements and title
- Prepare HUD by utilizing lender instructions and statements from stakeholders
- Close escrow account by balancing and disbursing funds
- Comply with regulatory requirements by adhering, and enforcing adherence, to requirements
- Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
- Enhance organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments
Team Work
- Proactively assist the entire office with signings, document handling, answering phones, asking how you may be of service
- Support good working relationships with all clients; internal and external
- Above All Else...Service!
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