Demo

Escrow Funder

SummitHR
Plano, TX Full Time
POSTED ON 3/26/2024 CLOSED ON 3/5/2025

What are the responsibilities and job description for the Escrow Funder position at SummitHR?

Corporate Culture and Compensation:
Be part of friendly and professional team for one of the largest title companies in the United States where employees can learn, grow and make a difference. Be an instrumental part of a company focused on building long, rewarding careers in an exciting industry and where the work environment provides room for employees to grow personally and professionally.

You'll receive:
Compensation and benefits packages are comprehensive, competitive and generous providing room for potential growth and position/compensation advancement.

SUMMARY:
The successful candidate for this position will review closing statements, ALTA's, payoffs, commitments, etc., for accuracy per lender closing instructions and ORT fees as well as TDI compliance. On funding day they will balance the file, make sure all docs are cataloged properly in the VINCA file, then initiate wires for payoffs and borrower proceeds and cut checks. We do residential refinance closings and cell towers on the commercial side.

ESSENTIAL FUNCTIONS:

  • Review and approve ALTA'S, T-64's: CD's, and settlement statements, loan packages and other documents as necessary and in accordance with closing instructions.

  • Review title insurance commitments to ensure all title exceptions have been cleared.

  • Review completed closing packages for accuracy and completeness and, as necessary.

  • Balance settlement statements and prepare files for funding.

  • Disburse all proceeds on closing files and keep accurate records of all invoices/demands for escrow files.

  • Review payoff demands, calculate per diem and other charges.

  • Verify company service fees to be charged to customers at closing.

  • Maintain organized, complete escrow files.

  • Manage closing calendar.

  • Perform other duties assigned by manager.

KNOWLEDGE/SKILLS/EXPERIENCE REQUIRED:
Excellent verbal and written communication skills.
Excellent interpersonal and customer service skills.
Ability to prioritize and handle multiple projects.
Strong attention to detail and organizational skills.
Proficient in Microsoft Office Suite and Outlook.

To see new and updated job postings and job postings similar to this, please follow us on LinkedIn: https://www.linkedin.com/company/summithr

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