Escrow Assistant (Remote)

Posted 15 Hours Ago
Be an Early Applicant
92707, Santa Ana, CA
3-5 Years Experience
Insurance • Real Estate
The Role
The Escrow Assistant is responsible for managing real estate transactions, including establishing new escrow accounts, processing documents for closings, disbursing funds, and ensuring compliance with company policies. The role involves collaborating with buyers, sellers, and lenders, handling title reports, and completing necessary calculations for transactions.
Summary Generated by Built In

Who We AreJoin a team that puts its People First! First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for nine consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

What We DoResponsible for handling real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures. Acts as a neutral liaison between file parties, adheres to company policy, and monitors and mitigates risk to the company.

HOW YOU’LL CONTRIBUTE

  • Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
  • Determines closing requirements by studying and clarifying buyer, seller, and lender instructions.
  • Orders title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals.
  • Establishes escrow account by depositing funds; maintaining records.
  • Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
  • Completes calculations by prorating taxes and interest.
  • Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
  • Completes closing by recording and filing documents; preparing and distributing final closing statements and title. Prepares settlement statement by utilizing lender instructions.
  • Closes escrow account by balancing and disbursing funds.
  • Complies with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements.
  • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.

WHAT YOU’LL BRING

  • Required Education, Experience, Certification/Licensure
  • High School diploma or equivalent
  • 2-4 years related experience
  • Experience directly handling escrow transactions as an escrow assistant preferable
  • Valid Licensing/Certification as required by applicable state


Pay Range: $18.02 - $30.02 Hourly

This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

What We OfferBy choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

The Company
HQ: Santa Ana, CA
13,104 Employees
On-site Workplace
Year Founded: 1889

What We Do

First American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The First American Family of Companies’ core business lines include title insurance and closing/settlement services; title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust, and investment advisory services.

First American Title Insurance Company provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, homebuilders and developers, title agencies and legal professionals to facilitate real estate purchases, construction, refinances or equity loans.

First American's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate.

As one of the largest title insurance companies in the nation, First American offers title insurance and settlement services through its direct operations and an extensive network of agents throughout the United States and internationally.

First American Title Insurance Company traces its history to 1889 and is the largest subsidiary of First American Financial Corporation (NYSE: FAF).

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