Escrow Processor
McLean, MD - USA
Job Summary
Location: McLean VA (Northern Virginia / Tysons Corner area)
Job Summary
The Escrow Processor is responsible for the front-to-back administrative management of real estate closing files. You will act as a neutral third party coordinating between buyers sellers real estate agents and lenders to ensure all documents are accurate and funds are disbursed the fast-paced McLean market this role requires high attention to detail and the ability to manage a high volume of local and commercial transactions.
File Opening & Maintenance: Initiate escrow accounts upon receipt of a contract; order title abstracts surveys and payoff statements.
Coordination: Serve as the primary point of contact for all stakeholders (Lenders Realtors Attorneys) to collect necessary closing information.
Document Preparation: Draft Closing Disclosures (CD) and ALTA Settlement Statements in compliance with lender instructions and Virginia state law.
Title Curative: Review title commitments to identify and resolve liens judgments or clouds on the title before closing.
Compliance: Ensure all files meet RESPA and TRID requirements as well as internal company policies.
Post-Closing Support: Verify that all documents are recorded with the Fairfax County Clerks Office and that all funds (commissions taxes payoffs) are disbursed accurately.
Experience: 13 years of experience in title processing escrow or mortgage loan servicing.
Education: High School Diploma required; B.A./B.S. in Business or Finance preferred.
Software: Proficiency in industry-standard software (e.g. Qualia SoftPro RamQuest or Settleware ).
Licensing: Virginia Title Agent License is a significant plus (some firms require this within 90 days of hire).
Skills: * Deep understanding of Virginia real estate terminology and closing customs.
Exceptional organizational skills to handle 20 active files simultaneously.
Strong communication skills for interacting with high-net-worth clients in the NoVA area.
About Company
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