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Mortgage Connect, LP · 3 months ago

Escrow Assistant

US-NY-Melville

Full-time

Onsite

New Grad, Entry Level

Mortgage Connect, LP is a company focused on disbursement operations, and they are seeking an Escrow Assistant. In this role, you will assist the Escrow Officer in managing the escrow closing process while ensuring compliance with real estate contracts and maintaining client satisfaction.

Real Estate

Responsibilities

Ability to manage the complete real estate closing process, including compliance with real estate contracts, lender instructions, title requirements, company requirements and other written instructions

Thorough understanding the escrow process to determine what steps need to be taken to transfer the title of property pursuant to the conditions called for in the real estate contract and lender instructions

Resolve title defects, coordinate satisfaction/release of existing liens and encumbrances against property or sellers

Knowledgeable in the preparation and use of all transaction documents pertaining to refinance and sale transactions

Prepare all closing documents necessary to ensure title insurance is issued at closing by assembling documents, reviewing documents with parties, explaining provisions and procedures, answering questions, reviewing completed documents for accuracy and obtaining signatures

Conduct closing with customer, realtor, and loan officer and complete closing by recording and filing documents and preparing and distributing final closing statements and title policies

Prior to disbursement, confirm all funds are collected, all appropriate documents are checked for accuracy, signatures are collected, and acknowledgements and legal descriptions are correct

Correct all taxes due, HOA dues, and any delinquencies and/or principal and interest

Prepare HUD statements in accordance with lender instructions and applicable law

Balance and disburse escrow file in accordance with Company procedures and ensure all payoffs have been collected, mailed, delivered or wired according to instructions

Work with management and sales team to develop new business

Proactive focus, addressing inquiries from internal and external parties professionally and timely, rectifying issues immediately