Escrow Assistant Salary

An Escrow Assistant earns an average wage of $16.44 per hour. Most people with this job move on to other positions after 20 years in this career. Skills that are associated with high pay for this job are Accounting, title insurance, Mortgage Loans, and Escrow.

$29,486 - $49,261
$29K
$39K
$49K
MEDIAN: $38,706
10%
50%
90%

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$12.47 - $22.42
$12
$17
$22
MEDIAN: $16.65
10%
50%
90%

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$0$50K
Salary $29,486 - $49,261
Bonus $986 - $10,918
Commission $2,342 - $12,281
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,640 - $50,822
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 181
Hourly Data $0$34
Hourly Rate $12.47 - $22.42
Overtime $18.87 - $34.00
Annual Data $0$50K
Bonus $986 - $10,918
Commission $2,342 - $12,281
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,640 - $50,822
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 258

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Escrow Assistant

The escrow assistant is responsible for all administrative and clerical duties involved in the opening, closing, and maintenance of escrow accounts. Individuals in this position occasionally interact with escrow customers, but it is generally an inside position that works only within the company. The day-to-day responsibilities of an escrow assistant typically involve opening escrow orders, preparing final and closing documents, preparing customer billing statements and answering questions regarding billings. They also handle the creation of escrow logs, reports, and other files. Additionally, the escrow assistant is responsible for verifying customer contact and account information.

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Escrow Assistant Tasks

  • Open orders, input closing statements from a worksheet prepared by escrow officers.
  • Interpret earnest money agreements as they relate to closing and prepare all documents required for transactions.
  • Communicate requirements and other information to clients including title exceptions.
  • Prepare documents for closing and handle the disbursement and follow up of all escrow transactions.

Common Career Paths for Escrow Assistant


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Escrow Assistant Job Listings

Popular Employer Salaries for Escrow Assistant

Pay by Experience Level for Escrow Assistant

Pay by Experience for an Escrow Assistant has a positive trend. An entry-level Escrow Assistant with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 273 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Escrow Assistant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $40,000 based on 84 salaries. An experienced Escrow Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $42,000 based on 115 salaries. An Escrow Assistant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $46,000 based on 27 salaries.

Pay Difference by Location

National Average: $37,798

Larger city markers indicate a job is popular in that location.

Escrow Assistant Reviews

Q: What is it like working as an Escrow Assistant?

Escrow Assistant in Magnolia:
"The management."
Pros: This is an amazing company to work for.
Cons: I do not have anything bad to say about this company.

Escrow Assistant in Denver:
"Stressful."
Pros: Interaction with agents, organization, control of work.
Cons: Stressful, over-worked.

Related Job Salaries

Key Stats for Escrow Assistant

Gender

Female
94 %
Male
6 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 77 votes.
Less than 1 year
10%
1-4 years
46%
5-9 years
14%
10-19 years
22%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Escrow Assistant Salaries

▲22%

▲10%

▲7%

National Average
$38,000

▼7%

Skills That Affect Escrow Assistant Salaries

Accounting
▲19%

title insurance
▲11%

Escrow
▲10%

Mortgage Loans
▲10%

Notary
▲6%

▲1%

National Average
$38,000

Document Preparation
▼2%

▼3%


Office Administration
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 77 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
10%
1-4 years
46%
5-9 years
14%
10-19 years
22%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 64%
vision benefits
Vision: 57%
no benefits
None: 25%
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