Escrow Officer

TX - Plano

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Escrow Officer Responsibilities

  • Interact and coordinate with industry contacts such as realtors, loan officers, underwriters, brokers, buyers, and sellers

  • Review title commitment, lender instructions, purchase and sale agreements to be sure the duties and responsibilities are clear to facilitate closing

  • Comply with all state and federal laws governing escrow transactions and escrow accounts

  • Monitor progress in compliance with all terms and conditions of purchase contracts

  • Coordinate the issuance of title policies with title examiner

  • Assemble and deliver closing statements to buyers, sellers, brokers, agents, and lenders

  • Disburse escrow funds accurately and complete administrative tasks such as reporting

Escrow Officer Qualifications

  • Prefer college degree or equivalent work experience high school diploma required

  • 3+ years of real estate closing escrow transactions experience with residential sales, REO, refinance, short sale escrow, or commercial

  • Must possess a strong understanding of real estate contracts, mortgage loans, title commitments, and title insurance

  • Solid knowledge of title insurance, regulatory guidelines, the escrow process, legal documents, and real estate property law

  • Excellent written and verbal communication skills required

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