Third Federal
Escrow Closing Associate (Hybrid - Cleveland, OH)
Posted 1 day ago. Be among the first 25 applicants.
Third Federal is a leading lender of conventional home mortgages lending in 27 states, plus the District of Columbia, with retail branch offices in Ohio and Florida. Our mission is to help people achieve the dream of home ownership and financial security while creating value for our customers, our communities, our associates, and our stockholders. Our value system of love, trust, respect, a commitment to excellence, and fun is at the heart of our commitment to our mission, and just as importantly, to our company culture. Through this, we help people find the loan or savings product that makes sense for them.
Job Details At Third Federal, you will find strength and stability in your career. In our nearly 90‑year history, we have never had layoffs, and have one of the lowest annual turnover rates at 6% (versus an industry average of nearly 19%). We have been certified as a ‘Great Place to Work’ multiple times in the last decade alone, and have been recognized with several additional workplace awards and recognitions. Because Third Federal associates are the foundation of our success, we take a genuine interest in each of them – from their professional development to their health and wellness.
Role Summary This is a hybrid position in a team environment to close transactions for purchase, refinance, and equity products. The Escrow Closer will be responsible for gaining an in‑depth knowledge of the products in the designated states. They will work directly with Retail Associates and various title companies to ensure the closing transactions meet all requirements. This position will be required to react quickly to changing deadlines and evolving requirements, while maintaining accuracy. The Escrow Closer will be responsible for proactively communicating with the title companies to ensure a timely transaction with an accurate Closing Disclosure. This position requires strong analytical and mathematical skills in order to properly balance the transactions, strong communication skills and the flexibility to deal with varied constituencies. Occasional Saturday work hours will be required.
Responsibilities
Work in a team environment to review loan files, follow up on incomplete information, prepare signing packages, review/approve Closing Disclosures, and provide authorization to fund transactions
Communicate with Retail Associates and title companies to ensure a timely transaction
Foster good relationships with peers in order to ensure an effective closing team
Actively participate in team meetings and provide suggestions for process improvements
Requirements
Previous 1-2 years escrow closing experience in residential transactions (external)
In depth knowledge of title commitments and title policies
Excellent written and verbal communication skills
Ability to provide and receive continual loan‑level feedback
Demonstrated ability to work independently yet contribute to a team environment
Ability to prioritize work and maintain productivity under short deadlines
Strong mathematical and analytical skills
Attention to detail with effective research and analytical skills
Proven ability to work successfully in a team environment
Ability to work at a fast pace while maintaining accuracy
Third Federal Perks & Benefits
Competitive compensation packages
Medical, dental, vision, and more
401k match
11 Bank Holidays + vacation/sick time
Stock Ownership Allocation
Exceptional culture and value system
Strong work/life balance
Growth opportunities
Mortgage Discount Program
Education Reimbursement Program
Our anticipated pay range for this position is $26.00 - $30.00 per hour. At Third Federal, we’re committed to transparency throughout the hiring process. The pay range listed is based on relevant market data, role responsibilities, and skills required for the position. Individual pay will be thoughtfully determined by a candidate’s qualifications, experience, and other relevant factors.
Third Federal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, national origin, gender identification or sexual orientation, disability, protected veteran status or any other classification protected under law.
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking
#J-18808-Ljbffr
Third Federal is a leading lender of conventional home mortgages lending in 27 states, plus the District of Columbia, with retail branch offices in Ohio and Florida. Our mission is to help people achieve the dream of home ownership and financial security while creating value for our customers, our communities, our associates, and our stockholders. Our value system of love, trust, respect, a commitment to excellence, and fun is at the heart of our commitment to our mission, and just as importantly, to our company culture. Through this, we help people find the loan or savings product that makes sense for them.
Job Details At Third Federal, you will find strength and stability in your career. In our nearly 90‑year history, we have never had layoffs, and have one of the lowest annual turnover rates at 6% (versus an industry average of nearly 19%). We have been certified as a ‘Great Place to Work’ multiple times in the last decade alone, and have been recognized with several additional workplace awards and recognitions. Because Third Federal associates are the foundation of our success, we take a genuine interest in each of them – from their professional development to their health and wellness.
Role Summary This is a hybrid position in a team environment to close transactions for purchase, refinance, and equity products. The Escrow Closer will be responsible for gaining an in‑depth knowledge of the products in the designated states. They will work directly with Retail Associates and various title companies to ensure the closing transactions meet all requirements. This position will be required to react quickly to changing deadlines and evolving requirements, while maintaining accuracy. The Escrow Closer will be responsible for proactively communicating with the title companies to ensure a timely transaction with an accurate Closing Disclosure. This position requires strong analytical and mathematical skills in order to properly balance the transactions, strong communication skills and the flexibility to deal with varied constituencies. Occasional Saturday work hours will be required.
Responsibilities
Work in a team environment to review loan files, follow up on incomplete information, prepare signing packages, review/approve Closing Disclosures, and provide authorization to fund transactions
Communicate with Retail Associates and title companies to ensure a timely transaction
Foster good relationships with peers in order to ensure an effective closing team
Actively participate in team meetings and provide suggestions for process improvements
Requirements
Previous 1-2 years escrow closing experience in residential transactions (external)
In depth knowledge of title commitments and title policies
Excellent written and verbal communication skills
Ability to provide and receive continual loan‑level feedback
Demonstrated ability to work independently yet contribute to a team environment
Ability to prioritize work and maintain productivity under short deadlines
Strong mathematical and analytical skills
Attention to detail with effective research and analytical skills
Proven ability to work successfully in a team environment
Ability to work at a fast pace while maintaining accuracy
Third Federal Perks & Benefits
Competitive compensation packages
Medical, dental, vision, and more
401k match
11 Bank Holidays + vacation/sick time
Stock Ownership Allocation
Exceptional culture and value system
Strong work/life balance
Growth opportunities
Mortgage Discount Program
Education Reimbursement Program
Our anticipated pay range for this position is $26.00 - $30.00 per hour. At Third Federal, we’re committed to transparency throughout the hiring process. The pay range listed is based on relevant market data, role responsibilities, and skills required for the position. Individual pay will be thoughtfully determined by a candidate’s qualifications, experience, and other relevant factors.
Third Federal is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, national origin, gender identification or sexual orientation, disability, protected veteran status or any other classification protected under law.
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking
#J-18808-Ljbffr