Job Description
Job Description
Job Description:
Duties may include, but are not limited to:
- Prepares the HUD disclosing title/settlement fees, taxes and payoffs for closing cost at the onset and sends to processor. May include a mock CD as well.
- Under general supervision and direction of Escrow Officer/Lead reviews title commitment to verify vesting and legal description.
- Work on the drawing of the loan documents, which includes all escrow/settlement instructions payoffs, deeds, to be signed and orders scheduling of notary and or Attorney in applicable States.
- Review of documents back fully executed from the notary when needed including the uploading of the scanned package to the software program.
- Reviews recording documents to be sent out insuring all originals are included with required affidavits, death certs and any other documents.
- May assist escrow officer/lead on audit of final numbers and verification of all demands, liens still valid and not expired, wire instructions completed for any funds being sent.
- Tracks the lender funding the loan to insure the monies are deposited and ready to disburse.
- Works with the Audit/Disbursing Department to insure the file is disbursed.
- Notification sent to the client that the funds have been disbursed.
- Follow up on releases and final policy to be sent to the client either Fed Ex or electronically submitted.
- Orders any doc prep deeds to be executed at closing.
- Works with loan processors, loan officers and the principals in the transaction to obtain additional information as needed and to keep updated as to status.
- Consults with title officers and/or escrow officer in the event there are questions concerning items on title commitment.
- Orders beneficiary statements, demands, HOA, judgments including but not limited to release of liens and encumbrances.
- 1-3 years exp