Tag Archive for: impounds

Impounds vs. No Impounds; Sometimes No Choice

We often get asked for advice in regard to taking an impound account or not. An impound (or escrow) account is an account held by a lender or a servicer […]Read More

When Can Seller Sign? No Impounds If LTV 89.9% Or Less

Two Reminders: Sellers can sign documents at almost anytime after escrow opens for conventional and jumbo transactions (as long as escrow has all necessary terms and time to prepare documents). […]Read More