Definition of "What is an escrow officer?"

Kim Ross real estate agent

Written by

Kim Rosselite badge icon

Kim Ross Team- Realty Executives Arizona Territory

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They are a neutral third-party, responsible for overseeing the escrow process. They typically perform the title searches, prepare final paperwork, witness the document signings as well as ensure that the transaction is executed properly and legally.

Comments for What Is An Escrow Officer?

Valerie Valerie said:

I'm interested in becoming an escrow officer.

Jul 20, 2019  15:02:45

 
Real Estate Agent

Hi, Valerie! We wish you all the best and good luck with your preparation! Also, if you come across any unknown real estate terms, feel free to search for them in our real estate glossary

Aug 08, 2019  08:14:53
 
Margaret Margaret said:

I would like more information on escrow.

May 22, 2019  14:49:01

 
Real Estate Agent

Hi! You can find the definition of escrow in our glossary. What else would you like to know about it? 

May 23, 2019  05:50:03
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Time period that a round of regular recurring construction takes place. There may be boom and bust times in construction activity. ...

Early American architectural housing style stressing a gambrel roof and overhanging eaves. ...

Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...

Written agreement between two or more parties to extend the terms of a document. ...

Nationwide group of independent real estate brokers who cooperate together and share information regarding clients who are seeking to relocate from one area of the country to another. The ...

Same as term annuity: Equal period payments or receipts. Examples of an annuity are annual rental receipts from a real estate investment and cash dividends from a real estate firm's ...

Financial standing of a debtor as a basis to pay obligations. ...

(1) Qualifications applying to an estate occurring when the estate is feated or enlarged. (2) Restrictions in a deed. See also condition precedent; condition subsequent. ...

A knowledgeable person authorized to aid in the underwriting of property and casualty insurance. ...