What are the responsibilities and job description for the Escrow Closing Processor position at Community Title & Escrow, Ltd.?
Community Title, one of the largest title insurance agents in the area with 9 offices in Illinois and 10 offices in Missouri is looking for a Closing Processor for its Columbia, Illinois branch.
Primary Duties & Responsibilities
Assist the Escrow Closing team in the processing of residential and commercial closing files in the following tasks:
o Open title and closing file within the operating system.
o Review sales contract and loan documents to ensure compliance at closing, noting appropriate “target” dates such as the title/survey objection date;
o Review title commitment to ascertain what requirements must be met in order to issue final title policy(ies), and works with Escrow Closing Officer to complete requirements;
o Obtain payoffs from lenders, homeowner/condominium associations, water, sewer & trash servicing companies, county and city taxing authorities and any other person/entity necessary in the transaction;
o Contact and establish professional relationships with real estate agents, loan officers, buyers, sellers, borrowers and others involved in the real estate transaction;
o Collect and prepare necessary documentation to complete the closing transaction;
o Prepare documents for recording and electronically record (or prepare and send overnight package for counties without e-recording option);
o Prepare final loan package and send to lender;
o Review closing ledger for accuracy and disburse file in accordance with ledger and lender’s closing instructions, including the printing of checks, initiation of wires, if any; approve wires (not initiated by processor); send payoffs and other checks.
o Greet clients and answer phones in a professional manner; provide exceptional written and verbal communication to agents and clients.
o Address client needs in a prompt, professional and courteous manner.
o Correspond with lenders, builders, agents and attorneys as needed.
Job Type: Full-time
Pay: $38,000.00 - $50,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $38,000 - $50,000