Escrow Assistant

Job Description

Duties may include, but are not limited to:

• Prepares the HUD disclosing title/settlement fees, taxes and payoffs for closing cost at the onset and sends to processor. May include a mock CD as well.
• Under general supervision and direction of Escrow Officer/Lead reviews title commitment to verify vesting and legal description.
• Work on the drawing of the loan documents, which includes all escrow/settlement instructions payoffs, deeds, to be signed and orders scheduling of notary and or Attorney in applicable States.
• Review of documents back fully executed from the notary when needed including the uploading of the scanned package to the software program.
• Reviews recording documents to be sent out insuring all originals are included with required affidavits, death certs and any other documents.
• May assist escrow officer/lead on audit of final numbers and verification of all demands, liens still valid and not expired, wire instructions completed for any funds being sent.
• Tracks the lender funding the loan to insure the monies are deposited and ready to disburse.
• Works with the Audit/Disbursing Department to insure the file is disbursed.
• Notification sent to the client that the funds have been disbursed.
• Follow up on releases and final policy to be sent to the client either Fed Ex or electronically submitted.
• Orders any doc prep deeds to be executed at closing.
• Works with loan processors, loan officers and the principals in the transaction to obtain additional information as needed and to keep updated as to status.
• Consults with title officers and/or escrow officer in the event there are questions concerning items on title commitment.
• Orders beneficiary statements, demands, HOA, judgments including but not limited to release of liens and encumbrances.
• 1-3 years exp