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Escrow Officer
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Country: USA
Location: Texas-Houston Multiple locations
Total applied: 40 Salary/Wage:40,000.00 - 150,000.00 USD /yearSalary is dependant on experience and portable business. Commission structure in place.
Job Category:Banking/Real Estate/Mortgage Professionals
Relevant Work Experience:5+ to 7 Years
Location:Multiple locations
Status:Full Time, Employee
Occupations:Title Officer/Closer;Escrow Officer/Manager
Career Level:Experienced (Non-Manager)
Relevant Work Experience:5+ to 7 Years
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Escrow Officer
CTC Title Holding Company d/b/a Vanguard Title is expanding in our Houston-Galleria office, along with our two locations in The Woodlands. We are looking for experienced Escrow Officers to join our company. The ideal candidate will have five years or more experience in the title industry as an escrow officer; and have the ability to supervise our escrow staff in each location. Applicants without title company escrow officer experience will not be considered.
Job Purpose:
Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
Duties:
* Attracts clients by contacting prospects; following-up on leads; explaining services.
* 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.
* Closes escrow account by disbursing funds.
* Complies with regulatory requirements by adhering, and enforcing adherence, to requirements.
* Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
* Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
Skills/Qualifications:
Financial Skills, Documentation Skills, Verbal Communication, Customer Service, Closing Skills, Confidentiality, Tax, Prospecting Skills, Selling to Customer Needs, Motivation for Sales, Meeting Sales Goals. Ramquest experience is useful, but not required.
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