What are the responsibilities and job description for the Escrow Assistant position at NPAworldwide?
Job Description
Salary Min : $ 26
Salary Max : $ 28
Currency Type : USD
- Prepare the HUD disclosing title/settlement fees, taxes, and payoffs for closing costs at the onset and send to the processor.
- Include a mock CD as necessary.
- Under general supervision and direction of Escrow Officer/Lead, review title commitment to verify vesting and legal description.
- Draw loan documents, including all escrow/settlement instructions, payoffs, deeds to be signed, and schedule notary or attorney in applicable states.
- Review documents back fully executed from the notary when needed, including uploading the scanned package to the software program.
- Review recording documents to ensure all originals are included with required affidavits, death certificates, and any other documents.
- Assist escrow officer/lead with audit of final numbers and verification of all demands, ensuring that liens are valid and not expired and that wire instructions are completed for any funds being sent.
- Track lender funding to ensure the monies are deposited and ready to disburse.
- Work with the Audit/Disbursing Department to ensure the file is disbursed.
- Notify the client that the funds have been disbursed.
- Follow up on releases and final policy to be sent to the client either by FedEx or electronically.
- Order any document preparation deeds to be executed at closing.
- Work with loan processors, loan officers, and principals in the transaction to obtain additional information as needed and to keep updated on status.
- Consult with title officers and/or escrow officer if there are questions concerning items on the title commitment.
- Order beneficiary statements, demands, HOA, judgments including, but not limited to, the release of liens and encumbrances.
- 1-3 years of experience in a related field.
- High School Diploma
- Prepare the HUD disclosing title/settlement fees, taxes, and payoffs for closing costs at the onset and send to the processor.
- Include a mock CD as necessary.
- Under general supervision and direction of Escrow Officer/Lead, review title commitment to verify vesting and legal description.
- Draw loan documents, including all escrow/settlement instructions, payoffs, deeds to be signed, and schedule notary or attorney in applicable states.
- Review documents back fully executed from the notary when needed, including uploading the scanned package to the software program.
- Review recording documents to ensure all originals are included with required affidavits, death certificates, and any other documents.
- Assist escrow officer/lead with audit of final numbers and verification of all demands, ensuring that liens are valid and not expired and that wire instructions are completed for any funds being sent.
- Track lender funding to ensure the monies are deposited and ready to disburse.
- Work with the Audit/Disbursing Department to ensure the file is disbursed.
- Notify the client that the funds have been disbursed.
- Follow up on releases and final policy to be sent to the client either by FedEx or electronically.
- Order any document preparation deeds to be executed at closing.
- Work with loan processors, loan officers, and principals in the transaction to obtain additional information as needed and to keep updated on status.
- Consult with title officers and/or escrow officer if there are questions concerning items on the title commitment.
- Order beneficiary statements, demands, HOA, judgments including, but not limited to, the release of liens and encumbrances.
Salary Min : $ 26
Salary Max : $ 28
Currency Type : USD
Salary : $26 - $28