Jr. Escrow Officer

HomeServices of America•Palm Springs, CA

20h•$27 - $31

About The Position

The Junior Escrow Officer performs a variety of clerical duties including, but not limited to, reviewing escrow contracts and loan documents, preparing escrow instructions and various reports, monitoring the progress of loan approvals and ordering loan documents. This role requires meeting performance and behavior expectations, achieving desired results with quality and professionalism, and maintaining positive work relationships. The position also emphasizes demonstrating necessary competencies, taking initiative for development, and adhering to company policies and procedures.

Requirements

Minimum of high school diploma or equivalent.
A minimum of one year of experience as a Senior Escrow Assistant.
Knowledge of real estate, title and/or mortgage business helpful.
Strong personal computer skills.
Ability to work independently.
Excellent organizational skills with a focus on details to ensure accuracy.
Effective oral and written communication skills.
Effective analytical and problem-solving skills.
Ability to prioritize and handle multiple tasks and projects concurrently.
Will require approval from the Department of Business Oversight (DBO).
If hired as a floater, must possess and maintain valid driver’s license and vehicle insurance.
If hired as a floater, must have access to a reliable vehicle and ability to travel on a daily basis through assigned territory on a scheduled or unscheduled basis.

Responsibilities

Assist Escrow Officer on all files.
Accept calls and receive and review all new escrow contracts, if Escrow Officer is unavailable.
Prepare escrow instructions and distribute for review.
Make corrections to escrow instructions as agreed upon.
Prepare amendments as requested and distribute for approval.
Abstract preliminary title report and note exceptions.
Review termite report to verify all items have been completed and note status report if completion is needed.
Monitor new lender activity and progress of loan approval.
Order and review loan documents.
Review lender’s instructions for prior to funding conditions.
Notify escrow officer, agent and borrower of any items that will be needed.
Audit escrow files for missing items and prepare any outstanding items, as appropriate.
Prepare and distribute estimated closing statements.
Prepare files for document signing.
Order insurance and review upon receipt.
Package loan documents for return to lender.
Forward deed of trust and lender’s instructions to appropriate parties.
Call lender to set funding date.
Obtain funding figures and balances.
When directed by Escrow Officer, authorize and set up recording with Title Company.
Receive recording confirmations.
Perform any additional responsibilities as requested or assigned.