What are the responsibilities and job description for the Escrow Officer position at NORTH IDAHO TITLE?
Job Overview
We are seeking a detail-oriented and knowledgeable Escrow Officer to join our dynamic team. The ideal candidate will play a crucial role in facilitating real estate transactions by ensuring that all escrow processes are handled efficiently and accurately. This position requires strong analytical skills, a solid understanding of financial services, and the ability to manage contracts and documentation effectively.
Responsibilities
- Manage the escrow process from initiation to closing, ensuring compliance with all regulations and company policies.
- Prepare and review closing documents, including contracts, title reports, and settlement statements.
- Coordinate with buyers, sellers, real estate agents, and lenders to facilitate smooth transactions.
- Conduct thorough credit analysis and verify financial information as needed.
- Ensure all funds are collected and disbursed accurately during the closing process.
- Maintain detailed records of all transactions and communications related to escrow accounts.
- Stay updated on industry regulations such as TILA (Truth in Lending Act) and FNMA (Federal National Mortgage Association) guidelines.
- Provide exceptional customer service by addressing inquiries and resolving issues promptly.
Requirements
- Proven experience in escrow processing or a related field within financial services.
- Strong mathematical skills with the ability to perform basic math calculations accurately.
- Familiarity with loan processing, underwriting, and loan origination processes is preferred.
- Knowledge of contracts, legal documents, and compliance requirements relevant to escrow transactions.
- Excellent organizational skills with a keen attention to detail.
- Strong communication skills to effectively interact with clients and team members.
- Ability to work independently while managing multiple tasks in a fast-paced environment.
If you are passionate about facilitating successful real estate transactions and possess the necessary skills, we encourage you to apply for this exciting opportunity as an Escrow Officer.
Job Type: Full-time
Pay: $28.00 - $46.79 per hour
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
Ability to Commute:
- Coeur D Alene, ID 83814 (Required)
Ability to Relocate:
- Coeur D Alene, ID 83814: Relocate before starting work (Required)
Work Location: In person
Salary : $28 - $47