Real Estate Law Firm Escrow Officer

McMichael & Gray, PC • Birmingham, AL

2d

About The Position

The Closer is responsible for the final review of mortgage loan information, preparing closing documents, accurately funding the file, and sending closing documents to the closing attorney. This role involves ensuring all conditions for closing are met, managing disbursements, and confirming the accuracy and completeness of all transaction documents.

Requirements

• Final review of mortgage loan information
• Preparing closing documents
• Accurately funding the file
• Sending closing documents to the closing attorney
• Experience in this role preferred

Nice To Haves

• Experience with SoftPro

Responsibilities

• Schedules loan closing and compiles/types closing documents.
• Reviews approved mortgage loans to determine conditions that must be met prior to closing.
• Ensures mortgage loans are funded accurately and in a timely manner.
• Assembles documents for delivery to title company, real estate broker, or lending officer for closing.
• Ensures that appropriate disclosure documents have been assigned and are in the loan file.
• Communicates with the Lender of the transaction to balance the Closing Disclosure form prior to closing to ensure all numbers are accurate.
• Works with the Lender of the transaction to receive funding authorization to disburse funds to parties.
• Responsible for clearance of all title requirements.
• Responsible for payment in full and cancellation of all liens against the property, including payoff of mortgage, loans, HOA, fifas, taxes, outstanding utility bills, etc.
• Ensures that all items being paid at closing are calculated with per diem past closing date and shifts accordingly.
• Ensures that all items being paid at closing are paid in full via wire or overnight tracking in a timely manner.
• Confirms legal documents to be recorded are accurate and total cost to record is collected at closing.
• Confirms receipt of all incoming funds from borrower and lender.
• Confirms outgoing funds for payoffs, seller proceeds and all checks cut for disbursements.
• Ensures that all documents are properly executed by all parties involved with said transaction.
• Ensures that all documents are presented to the parties of the transaction in a professional and secure manner.
• Reviews all pre-closing documents for accuracy, including HOA letters, Taxes, Termite, HBW, Lender documents, Title Examination and Commitment of Title.
• Reviews final closing documents and delivers the final file to the Post Closing department.

Benefits

• Competitive benefits package

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed