PURCHASE, REFINANCE & LOAN ESCROWS
Arizona Title Services and Escrow Services For
Purchase, Refinance & Loan Escrows
Understanding the escrow process is important when refinancing your home. Since real estate transactions include complicated components, our Arizona escrow agents are in place to help lenders track and disburse money according to the agreements made.
In a mortgage refinance, you obtain a new loan to pay off a current home loan debt. Depending on the type of refinance loan, the new lender may require you to establish an escrow account. When refinancing a mortgage, escrow funds collected at closing are known as “impound reserves,” and their amount is determined by the lender. An escrow, or impound, account requires you to send in payments for certain expenses each time you send mortgage payments to the lender.
At Arizona Title & Escrow Company we have decades of experience handling purchase, refinance and loan escrow transactions.
With our 26 years experience, we can help your purchase, refinance, or loan escrow go smoothly.
Interested in how we can help? Contact our Arizona title and escrow company.