Escrow Assistant

1 week ago

Sugar Land, United States Providence Title Company Full time

Benefits & Perks

  • Competitive salary, paid time off, and paid holidays
  • Medical, Dental, Vision
  • Short-Term/Long-Term Disability
  • Basic Life insurance
  • Flexible Spending Accounts (FSAs)
  • 401(k) with matching employer contributions
  • Accident, Critical Illness, and Hospital Indemnity insurance

Job Summary:

Duties and Detailed Responsibilities:

  • Maintain regular office hours from 8:30 a.m. to 5:00 p.m., Monday through Friday.
  • Assist Escrow Officers in processing title and commitment documents for closing transactions.
  • Monitor the status of title work and promptly submit documents to Escrow Officer for review.
  • Prepare files for closing by ensuring all documents are complete, accurate, and received on time.
  • Coordinate with various parties, including buyers, sellers, and lenders, to schedule closing times and obtain necessary closing papers.
  • Send completed commitment and all related documents to the buyer.
  • Manage postclosing activities, including funding files according to lender requirements and disbursing funds to involved parties.
  • Balance the file and cut checks to all involved parties, including but not limited to, sellers, payoffs, realtors, or any other specified parties, according to detailed file instructions.
  • Complete final activities on files, including maintaining 1099 report, preparing submissions, recording legal documents, entering file in FileScan, locking the HUD, and waiting for recording information.
  • Seek guidance from the Escrow Officer to ensure compliance with all regulatory guidelines pertaining to the closing transaction.

Skills & Qualifications:

  • High school diploma or equivalent.
  • At least 23 years of escrow experience, with preference for additional experience.
  • Familiarity with escrow procedures, contract review, and the financial services industry.
  • Experience with SoftPro a plus.
  • Exceptional attention to detail paired with topnotch organizational skills.
  • Excellent verbal and written communication abilities.

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