Escrow Officer

Job Overview

We are seeking a dynamic and detail-oriented Commercial Loan Escrow Officer to join our dedicated financial services team. You will oversee the escrow process for mortgage loans, ensuring accurate and timely management of borrower funds, compliance with federal and state regulations, and seamless coordination with loan officers, underwriters, and other stakeholders. Your expertise will help facilitate smooth loan closings and uphold the highest standards of customer service, accuracy, and regulatory adherence.

Bilingual (Spanish) speaker is a plus.

Duties: In your capacity as Escrow Officer, your responsibilities will include, but are not limited to:

Loan Processing and Origination

• Prepare Loan Documents, Escrow Instructions, Deeds, Estimate Closing Statements and any documents needed to close escrow and clear title,
• Initiate Opening and Closing of Escrow Account,
• Order Beneficiary Statements or Demands, as needed,
• Order Evidence of Insurance, as needed,
• Order Tax Service and missing information report, as needed.

Loan Recording

• Facilitate the assembly and submission of Recording Documents

Loan Origination Software System Maintenance

• Input and Update “The Mortgage Office” (TMO) information on file
• Scan and organize Loan Documents

Escrow Department Administration

• Electronic Processing and Recording of Cash Receipts and Deposits
• Coordinating and Recording Credit Line Advances and Payoffs
• Online Banking Program Monitoring, Review and Administration
• Communications with Title companies
• Communications with the Bank, Company Staff and Management.

Pay: $85,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Work Location: In person