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Closing or Settlement >Escrow Rules
The lender is allowed to accumulate a borrower's payments up to a two-month advance cushion at the end of a year. But if a surplus develops beyond this amount, the borrower is now entitled to an immediate refund unless the surplus is less than $50. These rules apply to new loans.
Kris Villars Certified Residential Specialist, CRS, GRI, SRES RE/MAX On The Water 404 N Main St., Suite 101 Oshkosh, Omro and Winneconne, WI 54901 Office: 920-230-8880 Direct Line: 920-420-0673 Fax: 920-230-8882 Email: kris@northeastwihomes.com
Looking for a professional? Since 1983 Kris Villars has been Listing & Selling Real Estate in the Oshkosh area. She is a Certified Residential Specialist, with unique training and knows how to make your home buying or selling experience an unqualified success.
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Oshkosh, Omro and Winneconne, Wisconsin
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