Escrow Officer - Michigan (Mutual Title)

UNION HOME MORTGAGE•Detroit, MI

9d•Onsite

About The Position

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.

Requirements

Detail-oriented and strong analytical skills
Excellent written and verbal communication skills
Strong interpersonal skills with the aptitude of social perceptiveness and being an active listener
Good critical thinking and problem-solving ability
Anticipate problems before they arise
Familiar with standard concepts, practices, and procedures within the title industry field
Good client relations and organizational skills
Proficient in Microsoft Office
High school diploma or equivalent
2+ years of experience as an Escrow Officer

Nice To Haves

Experience using Qualia preferred but not required

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 the contract and lender instructions.
Resolves title defects; satisfies 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 Closing Disclosure Forms by utilizing lender instructions.
Closes escrow account by balancing and disbursing funds.
Ensure that operations is in compliance with regulatory issues