Escrow Officer - Michigan (Mutual Title)

Duties & Responsibilities

• Determines escrow requirements by studying and clarifying the contract and lender instructions.
• Satisfies existing liens and encumbrances against property or principals.
• Establishes escrow account by depositing funds; maintaining records.
• Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
• Completes calculations by prorating taxes and interest.
• Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
• Completes closing by recording and filing documents; preparing and distributing final closing statements and title.
• Prepares Closing Disclosure Forms by utilizing lender instructions.
• Closes escrow account by balancing and disbursing funds.

Skills

• Detail-oriented and strong analytical skills.
• Excellent written and verbal communication skills.
• Strong interpersonal skills with the aptitude of social perceptiveness and being an active listener.
• Good critical thinking and problem-solving ability.
• Anticipate problems before they arise.
• Familiar with standard concepts, practices, and procedures within the title industry field.
• Good client relations and organizational skills.
• Proficient in Microsoft Office.

Education & Experience

• High school diploma or equivalent.
• 2+ years of experience as an Escrow Officer.
• Experience using Qualia preferred but not required.

Supervisory Responsibilities

None

Certificates, Licenses, & Registrations

None