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Escrow Officer (Mutual Title Agency)
Ref No.: 16-07797
Location: East Lansing, Michigan
This position is responsible for pre-closing, coordinating with lenders, conducting closing, preparation and recording of documents and making appropriate disbursements associated with the settlement process.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
  • 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.
  • Establishes escrow account by depositing funds; maintaining records.
  • 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.
  • Completes closing by recording and filing documents; preparing and distributing final closing statements and title.
  • Prepares HUD by utilizing lender instructions.
  • Closes escrow account by balancing and disbursing funds.
  • Ensure that operations is in compliance with regulatory issues
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION AND/OR EXPERIENCE
  • High school diploma or equivalent
  • 2+ years of experience as an Escrow Officer
  • Knowledge of RamQuest a plus

SKILLS
  • Detail-oriented and professional
  • Strong communication, both verbal and written
  • Proficient in Microsoft Office
  • Good client relations and organizational skills
  • Familiar with standard concepts, practices, and procedures within the escrow industry field
ControlID: 14.234.89 SHR