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Escrow Officer

Company: Lennar Corporation
Location: Santa Ana
Posted on: November 19, 2022

Job Description:

Escrow OfficerUS-CA-Santa AnaJob ID: 2022-25506Type: Regular Full-Time# of Openings: 1Category: TitleLENTIT - 033 - Santa Ana CA (Hutton)OverviewLennar Title is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. At Lennar Title, you'll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services. Escrow Officer - Santa Ana, CA (onsite)ResponsibilitiesPreparation of all documents associated with the processing and closing of escrow, conveyance of title, recording of documents, clearing of title requirements and issuance of title insurance. Interviews escrow principals to obtain pertinent facts, directs the preparation of escrow instructions, drawing of documents, issuance of title policies and the disbursement of funds, and otherwise assists escrow principals, their lenders and/or agents in the consummation of escrows involving the financing or sale of single family and small multi-family residences. Reconciles escrow instructions with commitment and/or preliminary title report. Develops and maintains business by the extensive application of basic marketing and customer service techniques.

  • Communicates and coordinates daily responsibilities with the Branch or Escrow Manager
  • Obtains demands/releases to clear title
  • Takes terms and information needed to process escrow
  • 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. Compares exceptions shown in title report with buyers', sellers', and lenders' instructions for possible liens or encumbrances not authorized in escrow or lender instructions
  • Reconciles discrepancies between instructions and title report with title officer and/or principals by modifying escrow instructions or assisting principals in obtaining releases of liens and other encumbrances
  • Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
  • Directs and may participate in the preparation of settlement sheets showing detailed breakdown of escrow, title, loan, brokers' commissions and other changes. Requests the issuance of title policies or other evidence of title
  • Trains, supervises, guides, and assigns and reviews the work of one or more escrow technicians, assistants, secretaries and/or receptionists
  • Maintains confidentiality of all proprietary information and escrow transactions
  • Understands and complies with escrow accounting procedures
  • Understands and complies with Good Funds Law
  • Contacts brokers, real estate agents, builders, attorneys, lenders and other customers by telephone and in person to solicit business and ascertain the individual service needs of the customer
  • Attends client and business development functions. Represents company in public, customer and community relations activities. Attends client luncheons, dinners, realty board meetings and company tours, makes speeches and presents prepared educational programs to client and other interested groups
  • Notarizes signatures as requested
  • Prepares Account Servicing Setups, if applicable
  • Knows Rate Manual and quotes accurate feesQualifications
    • High School diploma or equivalent skills
    • Escrow education and/or certificate helpful
    • One year responsible Escrow Officer Experience (or two years general escrow experience)
    • Supervisory experience helpful
    • Basic terminology and documents related to title and escrow
    • Customer service techniques
    • Capable of processing standard sale, subdivision, loan only, exchange, and commercial escrows without assistance
    • Compiling data and accurate data entry
    • Identifying, obtaining, reading detail relevant to escrow
    • Being productive, efficient, and meeting deadlines in a high volume environmentBenefits:
      • Medical, Dental, & Vision
      • Wellness Program
      • Vacation, Sick, & Personal Time Off
      • 10 Company Holiday's Off
      • Everyone's Included Day
        • You can use your Everyone's Included Day to celebrate, observe, and engage in an event or activity that is of personal significance to you, such as cultural, religious, or social causes or activities.Please see job descriptionPI195185289

Keywords: Lennar Corporation, Santa Ana , Escrow Officer, Other , Santa Ana, California

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