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Payoff Jobs in California (NOW HIRING)

Order and review payoff demands including any private party payoff demands and reconveyance documents are properly completed. * Read demands to determine if current, determine if loan itself is ...

INVENTORY CLERK

Downey, CA · On-site

$17 - $18/hr

Make payoff checks for trade-in vehicles * Verify CIT paid for customers, prior to mailing payoff-check. * Prepares journal entries for adjustments made to the schedules, and submits to management ...

INVENTORY CLERK

Downey, CA · On-site

$17 - $18/hr

Make payoff checks for trade-in vehicles * Verify CIT paid for customers, prior to mailing payoff-check. * Prepares journal entries for adjustments made to the schedules, and submits to management ...

Escrow Asst Trainee

Truckee, CA · On-site

$20 - $23/hr

Assists in ordering beneficiary statements or payoff demands, fire insurance policies, loan documents, lender requirements for funding and other documents as required by principals for the recording ...

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Showing results 1-20

Payoff information

See California salary details

$54.3K

$72.9K

$85.9K

How much do payoff jobs pay per year?

As of Aug 29, 2026, the average yearly pay for payoff in California is $72,929.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,600.00 and $76,500.00 per year, depending on experience, location, and employer.

What is a payoff specialist?

Payoff Specialists are professionals who manage the process of closing out loans by calculating the remaining balance, ensuring all necessary documentation is completed, and coordinating with borrowers and financial institutions to finalize payments. They often work in banking, mortgage, or auto finance industries and play a critical role in ensuring loans are paid off accurately and efficiently. Their responsibilities may also include verifying payoff amounts, preparing payoff statements, and processing lien releases once loans are settled.

What are the key skills and qualifications needed to thrive as a payoff specialist?

To thrive as a Payoff Specialist, you need a strong understanding of loan processing, financial documentation, and attention to detail, typically supported by experience in banking or mortgage operations. Familiarity with loan servicing software, payment processing systems, and occasionally certification in mortgage processing tools is highly beneficial. Excellent organizational skills, effective communication, and problem-solving abilities help you stand out in this role. These skills are crucial for ensuring the accuracy and timeliness of loan payoffs, which directly impacts customer satisfaction and regulatory compliance.

What are some common challenges faced by professionals working in payoff departments within finance or mortgage companies?

Professionals in payoff departments often manage time-sensitive requests for loan payoffs, which requires attention to detail and the ability to work efficiently under pressure. A frequent challenge is coordinating with multiple stakeholders, such as borrowers, lenders, and title companies, to ensure accurate and timely processing of payoff statements. They must also stay updated on regulatory requirements and internal policies, as errors can lead to costly delays. Strong communication and organizational skills are essential to succeed in this collaborative, fast-paced environment.

What is the difference between Payoff vs Loan Officer?

AspectPayoffLoan Officer
CredentialsTypically requires financial or mortgage licensing, certifications varyRequires mortgage or financial licenses, certifications like NMLS
Work EnvironmentFinancial institutions, mortgage companies, online platformsBanks, credit unions, mortgage companies, retail settings
Industry UsageUsed in mortgage and loan repayment contextsUsed in loan origination and approval processes

Payoff and Loan Officer roles often overlap in the mortgage and lending industry. While Payoff specialists focus on loan repayment strategies and refinancing options, Loan Officers handle the application and approval process for new loans. Both require financial licensing and work within similar environments, but their primary functions differ—Payoff emphasizes managing existing loans, whereas Loan Officers originate new loans.

What are the most commonly searched types of Payoff jobs in California?

The most popular types of Payoff jobs in California are:

What job categories do people searching Payoff jobs in California look for?

The top searched job categories for Payoff jobs in California are:

Infographic showing various Payoff job openings in California as of August 2026, with employment types broken down into 97% Full Time, 2% Part Time, and 1% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $72,929 per year, or $35.1 per hour.

Sr Escrow Assistant

HomeServices of America

Rancho Cucamonga, CA • On-site

$25 - $27/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 days ago


HomeServices of America rating

5.2

Company rating: 5.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

197th of 206 rated real estate companies


Job description

Purpose of Job 

The Senior Escrow Assistant performs a variety of clerical functions and may serve as a back up to other office staff. 

 Job Duties and Responsibilities (Essential Job Functions) 

  • Accurately input all data for preparation of refinance and resale escrows. 
  • Open title orders and obtain legal and vesting, tax roll and trid fee disclosures. 
  • Review preliminary reports and carefully note all items to clear. 
  • Order and review payoff demands including any private party payoff demands and reconveyance documents are properly completed. 
  • Read demands to determine if current, determine if loan itself is current, evaluate if there are any prepayment penalties or other payoff charges. Notify EO of any prepayment penalties that are included or special considerations or fees have been applied. 
  • Prepare a substitution of trustee and full reconveyance with EO review and approval. 
  • Prepare Notes and Trust deeds for EO review and approval. 
  • Prepare Grant Deeds, Quitclaim Deeds, Interspousal Deeds, Affidavits required with EO review and approval. 
  • Prepare and proofread complicated amendments: pay bills through escrow, terms of sale, holding funds after closing, release of funds prior to closing, etc., with EO review and approval. 
  • Obtain and provide lender items required for prior to document and prior to funding conditions. 
  • Properly calculate prorations for property taxes, supplemental taxes, hoa dues, rents, per day or other as required. 
  • Prepare estimated closing statements for refinance and sale escrows calculate demands, payoff interest, prepaid interest, escrow charges, title charges, account for all bills, and consider terms of escrow instructions, as directed and approved.. 
  • Prepare final title transmittal 
  • Balance funding figures in settlement menu. Verify all funds are received from buyer and/or seller for any shortages due. 
  • Authorize recordings, as directed and approved. 
  • Audit and balance a refinance and resale escrow, as directed and approved. 
  • Prepare checks. 
  • Perform any additional responsibilities as requested or assigned. 

 Performance Expectations 

  • Meet all performance and behavior expectations outlined in the company performance appraisal form or communicated by management. 
  • Perform responsibilities as directed achieving desired results within expected timeframes and with a high degree of quality and professionalism. 
  • Establish and maintain positive and productive work relationships with all staff, customers and business partners. 
  • Demonstrate the behavioral and technical competencies necessary to effectively complete job responsibilities. Take personal initiative for technical and professional development. 
  • Follow the company HR Policy, the Code of Business Conduct and all subsidiary and department policies and procedures, including protecting confidential company information, attending work punctually and regularly, and following good safety practices in all activities. 

 Qualifications 

Education: 

  • High school diploma or equivalent. 

Experience: 

  • A minimum of one year of previous escrow assistant experience.  

Knowledge and Skills: 

  • Knowledge of escrow, real estate, title and/or mortgage business helpful. 
  • Ability to handle multiple line telephone console. 
  • Strong personal computer skills. 
  • Ability to work independently. 
  • Excellent organizational skills with a focus on details to ensure accuracy. 
  • Effective oral and written communication skills. 
  • Effective analytical and problem-solving skills. 
  • Ability to prioritize and handle multiple tasks and projects concurrently. 

 Other (licenses, certifications, schedule flexibility/OT, travel, etc.): 

  • Position will require approval from the Department of Financial Protection and Innovation (DFPI) and EAFC (Escrow Agents Fidelity Corporation). 

Wage:   $25.00 - $27.00 hourly; actual wage is based upon education and experience. 

Benefits:   Full suite of benefits including Medical, Health Savings Account, Dental, Vision, Life Insurance, Paid Vacation (PTO), 401(k) with employer match, Flexible Spending Account, and Employee Assistance Program (EAP)

Equal Opportunity Employer


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