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What is an escrow assistant and how to become one

Updated January 8, 2025
3 min read

An escrow assistant sees to it that clients adhere to escrow agreements. Your job is to serve as a middleman between the parties involved in a transaction.

An escrow assistant is expected to resolve client's requests, settle conflicts that arise during the process of the transactions and prepare documents that involve the cashing out of escrow transactions. You will also assist in scheduling meetings for clients and seal deals on the company's behalf. They may also review works done by other staff, check for errors, and ensure that they work based on company policies.

You are required to have a bachelor's degree in business administration, legal studies, or other related fields. Experience working in a legal firm may also be necessary for this role. Your communication skills must be excellent, and you also need to be computer literate. The average salary of an escrow assistant is in the range of $33,000 to $36,000 per year.

ScoreEscrow AssistantUS Average
Salary
3.8

Avg. Salary $48,900

Avg. Salary $59,228

Stability Level
7.3

Growth Rate 4%

Growth Rate 0.3%

Diversity
9.1
Race

American Indian and Alaska Native 0.80%

Asian 6.32%

Black or African American 9.83%

Hispanic or Latino 20.67%

Unknown 4.87%

White 57.51%

Gender

female 85.59%

male 14.41%

Age - 42
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 42
Stress Level
7.3

Stress level is high

7.1 - high

Complexity Level
8.9

Complexity Level is advanced

7 - challenging

Work Life Balance
5.6

Work Life balance is fair

6.4 - fair

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Escrow Assistant career paths

Key steps to become an escrow assistant

  1. Explore escrow assistant education requirements

    Most common escrow assistant degrees

    Bachelor's

    39.8 %

    Associate

    25.1 %

    High School Diploma

    23.0 %
  2. Start to develop specific escrow assistant skills

    SkillsPercentages
    Customer Service28.20%
    HOA8.85%
    Loan Packages7.50%
    Title Commitments4.75%
    Payoff Demands4.58%
  3. Research escrow assistant duties and responsibilities

    • Create content for PowerPoint presentations used in online, interactive coaching lessons.
    • Function as a part-time independent contractor for 3 years performing loan signing for lenders, escrow or title companies.
    • Review and forward medical documents pertaining to veterans to ensure that critical issues are addressed in a timely manner.
    • Examine hundreds of documents such as memos, letters, e-mails, PowerPoint presentations, spreadsheets and other e-documents.
  4. Prepare your escrow assistant resume

    When your background is strong enough, you can start writing your escrow assistant resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an escrow assistant resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Escrow Assistant Resume templates

    Build a professional Escrow Assistant resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Escrow Assistant resume.
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  5. Apply for escrow assistant jobs

    Now it's time to start searching for an escrow assistant job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Escrow Assistant Job

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Average escrow assistant salary

The average Escrow Assistant salary in the United States is $48,900 per year or $24 per hour. Escrow assistant salaries range between $31,000 and $76,000 per year.

Average Escrow Assistant Salary
$48,900 Yearly
$23.51 hourly

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How do escrow assistants rate their job?

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Escrow Assistant reviews

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A zippia user wrote a review on Jul 2021
Pros

I love the freedom I experience as a Notary Public. I can set my own hours and I enjoy meeting and helping my clients.

Cons

There is nothing that I do not like about my job as a notary public.


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A zippia user wrote a review on May 2021
Cons

Nothing everything is great.


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A zippia user wrote a review on Mar 2020
Cons

Traveling can sometimes be an issue because if you can't make it when they want you can lose out on that job, also, if you have kids it can be an issue because a lot of times you have to look for a sitter last minute or if you're working full time or can be an issue because you won't be able to make every appointment.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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