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Escrow Processor I

SD - Sioux Falls
Valid Through: 9/11/2021

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Job Summary:
  • To work with lenders, loan officers and attorneys to acquire, analyze and organize all necessary documents needed to process closing packages.
  • Have the ability to balance the workload to accommodate demands of the job, and exceed customer expectations.
Job Roles:
  • Process and quality check all documents from lenders and attorneys for accuracy. Prepare title company closing documents in timely and professional manner.
  • Ensure complete and accurate packages are submitted for approval.
  • Respond to inquires from borrowers, lenders and attorneys to resolve discrepancies.
  • Prior to closing, call and confirm with lenders how the packages are being sent.
  • On purchase closings, call at least 48 hours prior to closing date.
  • Work to build strong partnerships with local lenders, realtors, attorneys.
Role Specific Knowledge:
  • Have an understanding of escrow standards and basic understanding of title clearance. Knowledgeable in real estate regulations and guidelines, document preparation, and RESPA rules.
  • Comprehensive understanding of pay off per diems & tax prorations, interest etc.
  • Have a complete understanding of lenders documents and recordings.
  • Possess the skill set to manage multiple priorities.
  • Strong communication skills, to professionally communicate with both internal and external customers.
  • Excellent customer service skills.
Education, Licensure, and Experience:
  • Completion of a High School diploma.
  • Minimum of 2 years of experience in loan processing which includes experience in escrow closings and HUD preparation.
Training:
  • Complete company required training and classes as directed by your manager.
Scope of Job:
  • Job role has budgetary type of accountabilities or directly impacts a revenue centers viability or its quality of service via personal contributions.
Autonomy of Job:
  • Under general supervision: occasional supervision over repetitive tasks.
  • New duties or project-type tasks may receive strict or direct supervision, depending upon the nature of the task(s).
Supervisory Responsibility of Job:
  • Performs own work and provides assistance to others as directed.
Work Environment:
  • Work is primarily light; exerting up to 20 pounds of force occasionally and/or 10 pounds of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
  • The noise level in the work environment is moderate.

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