Escrow Processor Assistant

Job Summary

We are seeking a detail-oriented and proactive Escrow Processor Assistant to join our dynamic team in the financial services and mortgage industry. In this vital role, you will support the escrow processing team by managing loan documentation, ensuring compliance with federal and state regulations, and facilitating smooth communication between clients, lenders, and internal departments. Your expertise will help uphold our commitment to exceptional customer service, accurate loan processing, and adherence to industry standards such as FNMA (Fannie Mae), TRID (TILA-RESPA Integrated Disclosure), FHA (Federal Housing Administration), VA (Veterans Affairs), and conventional mortgage guidelines. This position offers an exciting opportunity to develop your skills in mortgage servicing, loan origination support, and financial compliance within a fast-paced environment that values precision and efficiency.

Duties

• Assist in preparing and reviewing loan documentation to ensure accuracy and completeness in accordance with industry regulations including FNMA, TILA, TRID, FHA, VA, and other lending standards.
• Support the escrow process by verifying escrow account details, calculating escrow payments, and ensuring proper allocation of funds for mortgage servicing.
• Collaborate with loan officers, underwriters, and compliance teams to facilitate smooth loan processing while maintaining strict adherence to federal housing regulations and banking compliance standards.
• Manage internal communication channels to relay updates on loan status, document requirements, and client inquiries efficiently.
• Utilize Encompass or similar loan origination software to input data accurately, track documentation progress, and generate reports as needed.
• Perform basic math calculations for escrow disbursements, credit analysis support, and loan documentation review using 10-key typing skills.
• Ensure all loan files are compliant with fair housing regulations and lending policies before final approval or funding.

Qualifications

• Proven experience or familiarity with FNMA guidelines, mortgage servicing procedures, or loan processing roles within the financial services sector.
• Knowledge of industry-specific regulations including TILA (Truth in Lending Act), TRID compliance, FHA loans, VA loans, conventional mortgages, and banking regulatory standards.
• Strong understanding of mortgage documentation requirements and escrow processes.
• Proficiency in Microsoft Office applications such as Word and Excel for data entry, report generation, and client communication.
• Experience with Encompass or other loan origination systems is highly desirable.
• Excellent attention to detail combined with basic math skills necessary for accurate calculations related to escrow accounts and credit analysis.
• Effective internal communication skills to coordinate with team members across departments while maintaining a customer-focused approach.
• Ability to adapt quickly in a fast-paced environment while ensuring compliance with all loan regulations including Fair Housing laws.

Join us in delivering exceptional mortgage services by supporting our clients through precise escrow processing and regulatory compliance! We’re dedicated to fostering a collaborative environment where your skills can grow while making a meaningful impact on our customers’ homeownership journeys.

Pay: $17.25 - $25.00 per hour

Expected hours: 20.0 per week

Benefits:

• Flexible schedule

Work Location: Remote