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Escrow Officer

Reali

Escrow Officer

Long Beach, CA
Full Time
Paid
  • Responsibilities

    Job Description

    We are currently seeking a dynamic and experienced full-time escrow officer to oversee all aspects of mortgage closings. You’ll play a key position on a supportive team where you can truly shine. If you are looking for a well-established and industry-leading company to take your experience to the next level, apply today!COMPENSATION: $80,000 - $110,000 yearly

    RESPONSIBILITIES:

    • Obtain, review, and clarify purchase agreements, contracts, title commitments, and lender instructions to ensure successful closing

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

    • Create and deliver closing settlement packages to agents, buyers, sellers, brokers, and lenders

    • Collaborate with the title examiner to issue the title policy

    • Work in compliance with state and federal laws and regulations when dealing with escrow transactions and escrow accounts

    • Completes real estate escrow transactions by determining requirements; clearing titles; assembles, prepares, and reviews closing documents; disburses funds

    • 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

    • Prepares closing statement by utilizing lender instructions

    • Closes out escrow account by balancing and disbursing funds

    • Complies with regulatory requirements by adhering, and enforcing adherence, to requirements

    • Identify opportunities to improve the escrow process for operational effectiveness and customer satisfaction

    • Manages, motivates, coaches, trains, encourages, and supports a team of amazing escrow assistants

    QUALIFICATIONS: MUST HAVES

    • Based in California
    • 3+ years related experience managing escrow transactions
    • Familiar with standard concepts, practices, and procedures within the escrow/title industry field
    • Good client relations and organizational skills
    • Team management and builder accomplishments strongly preferred
    • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
    • Detail-oriented and professional; able to handle confidential information
    • Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers, mortgage loan originators, notaries, and other service providers
    • LICENSE OR CERTIFICATION: Escrow Officer certification from the Escrow Association or completion of escrow officer training program by a title company or bank

    NICE TO HAVES

    • California real estate transaction experience
    • California Real Estate License
    • Notary Public
    • Start-up experience
    • Mandarin or Spanish speaking

    ABOUT COMPANY We're here to make home buying and selling simple, affordable, and stress-free_._

    Reali is award winning and made up of collaborative Real Estate, Finance, Loans, Escrow, Title, and proven Technology Experts to deliver transparent, stress-free real estate solutions for buyers, sellers, and agents. Reali has cemented a winning reputation with an A+ from the BBB and was voted one of 2019’s Best Places to Work. At-A-Glance regarding our services:

    https://reali.com/real-estate-services/

  • Industry
    Real Estate