Escrow Officer

Details: Responsible for establishing new escrow accounts and process escrow documents in accordance with established policies and procedures in a back office setting.The worksite location is in Minnetonka, MN but this position will be assisting the Settlement Service office in Texas. All candidates must be very reliable, motivated, and able to work independently.Escrow closer to monitor and complete closings in multiple states. Closer will need to be able to fully prepare HUD 1 statements, and be able to review all settlement related documents. Closer will be working on a pipeline that closes in multiple states and will need to learn each states closing regulations. Closer be accountable to provide excellent customer service internally and externally.Primary Responsibilities:• Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.• Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions. • Obtains clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals. • Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents. • Completes calculations by prorating taxes and interest. • Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures. • Complies with regulatory requirements by adhering, and enforcing adherence, to requirements. • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. • Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.

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