Escrow Officer, Michigan

This is a fully remote position, open to applicants in Michigan.

📋 Description

• Executes real estate escrow transactions by identifying requirements; resolving title issues; compiling, preparing, and reviewing closing documents; and disbursing funds.

• Defines escrow prerequisites by analyzing and clarifying the contract and lender directives.

• Rectifies title discrepancies; addresses existing liens and encumbrances on properties or involved parties.

• Establishes the escrow account by depositing funds and maintaining accurate records.

• Prepares transaction documentation by filling out forms and statements; gathering and reviewing existing paperwork.

• Conducts calculations by prorating taxes and interest amounts.

• Finalizes closing transaction documents by compiling papers; discussing details with involved parties; clarifying provisions and processes; responding to inquiries; verifying documents for completeness and accuracy; and securing signatures.

• Completes the closing process by recording and filing documents; producing and distributing final closing statements and title.

• Prepares Closing Disclosure Forms in accordance with lender guidelines.

• Finalizes the escrow account by reconciling and distributing funds.

• Ensures that operations adhere to regulatory standards.

⛳️ Requirements

• High school diploma or its equivalent.

• Minimum of 2 years of experience as an Escrow Officer.

• Familiarity with Qualia is preferred but not mandatory.

🏝️ Benefits

• None