Tag Archive for: escrow holdbacks

What Is An Escrow Holdback?

We recently had a deal on a cute condo with a loft area. The issue was there was no railing on the area of the loft adjacent to the stairwell, […]Read More

Escrow Holdbacks/Post Closing Repairs OK At Some Lenders

We recently had a transaction with an entire bathroom incomplete and under construction. Our investor funded the deal before the work was done with the following conditions in place: (1) […]Read More

Escrow Holdbacks For Repairs Are Here Again

Our internal mortgage bank and at least one of our wholesale sources now allow “Escrow Holdbacks” for both FHA and Conforming/Conventional loans. Escrow Holdbacks are an excellent convenience when underwriters […]Read More