Administrative Skills, Communication Skills, Escrow, Finance, Liens, Loan Closing, Loan Documents, Mortgage, Mortgage Lending, Organizational Skills, Post Closing, Property Insurance, Real Estate Sales, Regulations, Sales Closing Skills
LOCATION
Philadelphia, PA
POSTED
1 day ago
Escrow Assistant-Settlement Coordinator
Role Summary: The Escrow Assistant provides high-level administrative support to the Escrow Closer/Settlement Officer. This role focuses on the "pre-closing" phase-gathering data, clearing title requirements, and ensuringthe file is ready for the closing table.
Key Responsibilities
File Opening: Input new orders into production software (e.g., Qualia, SoftPro, or RamQuest) and order title searches and tax certifications.
Requirement Clearing: Review title commitments to identify and clear liens, judgments, and HOA requirements.
Coordination: Communicate daily with real estate agents, lenders, and attorneys to gather "payoff demands" and homeowner insurance information.
Document Preparation: Assist in preparing preliminary Closing Disclosures (CD) and ALTA Settlement Statements in accordance with TIRBOP rates.
Post-Closing: Package loan documents for lenders and coordinate the recording of deeds and mortgages with the County Recorder of Deeds via e-recording platforms.
Requirements & Qualifications
Education: High school diploma required; Associate's or Bachelor's in Business/Finance preferred.
Notary Public: Must hold a current Pennsylvania Notary Commission (or be eligible to obtain one within 30 days).
Regulatory Knowledge: Familiarity with RESPA/CFPB integrated disclosure rules.