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Escrow Associate Jobs in Ohio (NOW HIRING)

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Escrow Associate information

See Ohio salary details

$20.9K

$42.8K

$61.8K

How much do escrow associate jobs pay per year?

As of Aug 10, 2026, the average yearly pay for escrow associate in Ohio is $42,825.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,200.00 and $47,500.00 per year, depending on experience, location, and employer.

What are the most common challenges faced by escrow associates during the closing process?

Escrow Associates often encounter challenges such as coordinating between multiple parties (buyers, sellers, agents, lenders), managing tight deadlines, and ensuring all documentation is accurate and compliant with legal regulations. Staying organized and maintaining clear communication is crucial, as errors or delays can impact the closing timeline. Additionally, Escrow Associates may need to troubleshoot unexpected issues, such as last-minute document changes or funding complications.

What are the key skills and qualifications needed to thrive as an escrow associate?

To thrive as an Escrow Associate, you need strong attention to detail, organizational skills, and a good understanding of real estate transactions, often supported by experience in banking, title, or escrow services. Familiarity with escrow management software, document preparation systems, and sometimes certification from organizations like the American Escrow Association is valuable. Excellent communication, problem-solving abilities, and a customer-focused attitude distinguish top performers in this role. These skills and qualities are vital to ensure accurate, secure handling of sensitive financial transactions and smooth coordination among clients and stakeholders.

What is the difference between Escrow Associate vs Title Examiner?

AspectEscrow AssociateTitle Examiner
CredentialsReal estate or escrow certifications, sometimes licensingReal estate or title industry certifications, often licensing
Work EnvironmentBanking, escrow companies, real estate firmsTitle companies, real estate offices, legal settings
Employer & Industry UsagePrimarily in real estate transactions involving escrow servicesInvolved in verifying property titles during real estate closings

While both roles are involved in real estate transactions, an Escrow Associate manages escrow accounts and facilitates the closing process, whereas a Title Examiner verifies property titles to ensure clear ownership. Both positions require knowledge of real estate documents and industry regulations, making them closely related but distinct in their specific functions within real estate transactions.

What is an escrow associate?

Escrow Associates are professionals who assist in managing the escrow process during real estate transactions. They work as part of an escrow team to ensure that all documents, funds, and necessary conditions are met before property ownership is transferred. Their tasks often include preparing legal documents, communicating with buyers, sellers, and agents, and making sure all transaction requirements are fulfilled. Escrow Associates help ensure a smooth, secure, and compliant closing process.
What are the most commonly searched types of Escrow jobs in Ohio? The most popular types of Escrow jobs in Ohio are:
Escrow Associate jobs near you

Loan Servicing Specialist

Merchants National Bank

Hillsboro, OH • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

About the Role:

The Loan Servicing Specialist plays a critical role in managing and maintaining the lifecycle of various loan products, including commercial loans, home mortgages, and home equity loans. This position ensures accurate processing, documentation, and compliance with regulatory requirements such as the Bank Secrecy Act. The specialist acts as a key liaison between borrowers, lenders, and internal departments to resolve inquiries and facilitate smooth loan servicing operations. By maintaining detailed records and monitoring loan performance, the role supports the financial institution’s risk management and customer service objectives. Ultimately, the Loan Servicing Specialist contributes to the institution’s reputation for reliability and compliance while enhancing borrower satisfaction through efficient loan management.

Minimum Qualifications:

  • High school diploma or equivalent; Associate’s or Bachelor’s degree in finance, business, or related field preferred.
  • Minimum of 2 years experience in loan servicing, loan processing, or a related financial services role.
  • Strong understanding of commercial loans, home mortgage loans, and home equity loan products.
  • Familiarity with loan documentation processes and regulatory compliance requirements including the Bank Secrecy Act.
  • Proficiency in loan servicing software and Microsoft Office applications.

Preferred Qualifications:

  • Experience working in a banking or financial institution environment.
  • Knowledge of advanced loan servicing systems and automated workflow tools.
  • Strong analytical skills with the ability to interpret financial documents and loan agreements.
  • Excellent communication skills to effectively interact with borrowers and internal stakeholders.

Responsibilities:

  • Process and manage loan documentation for commercial loans, home mortgages, and home equity loans ensuring accuracy and completeness.
  • Monitor loan accounts for payment status, escrow analysis, and compliance with loan terms and regulatory requirements.
  • Respond promptly to borrower inquiries and resolve issues related to loan servicing, payments, and account status.
  • Coordinate with internal teams such as underwriting, compliance, and collections to ensure seamless loan servicing operations.
  • Maintain up-to-date knowledge of regulatory guidelines including the Bank Secrecy Act and implement necessary procedures to ensure compliance.
  • Prepare and review reports related to loan servicing activities and escalate discrepancies or risks to management.
  • Assist in audits and quality control reviews to ensure adherence to internal policies and external regulations.

Skills:

The required skills such as expertise in commercial loans, home mortgages, and loan documentation are essential for accurately processing and managing loan accounts on a daily basis. Knowledge of the Bank Secrecy Act ensures that the specialist maintains compliance with federal regulations, reducing institutional risk. Proficiency in loan processing and servicing software enables efficient handling of loan data and documentation workflows. Preferred skills like advanced analytical abilities and communication skills support effective problem resolution and collaboration with borrowers and internal teams. Together, these skills ensure the Loan Servicing Specialist can deliver precise, compliant, and customer-focused loan servicing operations.

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