Escrow Closer Settlement Officer

Role Summary: The Escrow Closer is the face of the transaction. They are responsible for the legal execution of documents the accurate disbursement of all funds and ensuring the transaction complies with Pennsylvania insurance laws.

• Closing Execution: Conduct the formal closing or settlement explaining legal documents (Deed Mortgage Note) to buyers and sellers.

• Financial Balancing: Finalize the settlement statement ensuring all bring-downs are clear and the file is balanced to the penny before disbursing wires.

• Compliance: Ensure all fees align strictly with the TIRBOP Manual of Rates and Forms.

• Policy Issuance: Oversee the issuance of Title Insurance Commitments and Final Policies.

• Fraud Prevention: Implement wire fraud prevention protocols (e.g. using CertifID or Qualia Shield) to protect escrow funds.

• Licensing: Pennsylvania Title Insurance Agent License (requires passing the state exam and completing 24 hours of CE every two years).

• 2026 Notary Compliance: Must comply with the March 28 2026 Pennsylvania regulations including the $25000 Notary Bond and the updated 7-digit ID commission stamp.

• Tech Proficiency: Expert knowledge of Remote Online Notarization (RON) platforms (e.g. Notarize or PAVA) is now standard for PA closers.

• Experience: 3 years of experience specifically in Pennsylvania real estate settlements.