Farm loan representative vs escrow officer

Differences between farm loan representative and escrow officer duties and responsibilities

Farm loan representative example responsibilities.

• Supervise and manage the processing staff and also underwrite conventional loans for correspondent lenders.
• Interview prospective lenders to for additional services; significantly expand company lender sources in both purchase and refinance markets.
• Communicate to a small team basic loan restructuring possibilities to assist customers in resolving delinquency and avoiding foreclosure.

Escrow officer example responsibilities.

• Manage escrow department for title insurance company.
• Perform closing for a variety of real estate escrows types, including but not limit to REO resale and resale escrows.
• Operate multi-line phone system and perform basic office procedures.
• Prepare closing documents, close escrow, TRID CD, clear title.
• Order conveyance deeds and other pertinent documents from outside vendors.
• Prepare documents to be record with county and return to mortgage company for conveyance.
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