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Escrow Officer
| Company | Lennar Corporation |
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| Location | Bakersfield, CA, USA |
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| Salary | $30 – $40 |
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| Type | Full-Time |
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| Degrees | |
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| Experience Level | Mid Level |
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Requirements
- High School diploma or equivalent
- At least 3 years of Escrow Officer experience
- Notary license is required
- Valid driver’s license and reliable transportation is required
Responsibilities
- Communicates and coordinates daily responsibilities with the Branch or Escrow Manager
- Obtains demands/releases to clear title
- Draws instructions and supporting documents for signing
- Audits and closes file when all funds and documents are received
- Disburses funds
- Writes escrow instructions consistent with the requirements of the parties and obtains their approval
- Estimates the amount of money required to close escrow and obtains buyers’ and sellers’ deposits
- Reviews commitment and/or preliminary title report to verify vesting and legal description
- Reconciles discrepancies between instructions and title report with title officer and/or principals
- Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
- Directs and may participate in the preparation of settlement sheets
- Trains, supervises, guides and assigns work to other associates in office
- Maintains confidentiality of all proprietary information and escrow transactions
- Understands and complies with escrow accounting procedures
- Understands and complies with Good Funds Law
- Solicits business in-person, development functions or activities or virtual
- Prepares Account Servicing Setups, if applicable
- Knows Rate Manual and quotes accurate fees
Preferred Qualifications
- Supervisory experience is preferred
