Role Summary: The Escrow Closer is the "face" of the transaction. They are responsible for the legal execution of documents, the accurate disbursement of all funds, and ensuring the transaction complies with Pennsylvania insurance laws.
Closing Execution: Conduct the formal "closing" or "settlement," explaining legal documents (Deed, Mortgage, Note) to buyers and sellers.
Financial Balancing: Finalize the settlement statement, ensuring all "bring-downs" are clear and the file is balanced to the penny before disbursing wires.
Compliance: Ensure all fees align strictly with the TIRBOP Manual of Rates and Forms.
Policy Issuance: Oversee the issuance of Title Insurance Commitments and Final Policies.