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Updated over 8 years ago,

Matt F.'s profile image
Matt F.'s profile image
Matt F.
  • from Mt pleasant, SC
  • Member since Mar 17, 2015
Connect

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0
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Matt F.'s profile image
Matt F.'s profile image
Matt F.
  • from Mt pleasant, SC
  • Member since Mar 17, 2015
Connect
Matt F.
  • Mt pleasant, SC
0
Votes |
24
Posts
Private Lending & Conventional Mortgage Advice

Closing Mortgage Escrow Accnt

Matt F.
  • Mt pleasant, SC
Posted

Hello,

I am looking to close my escrow account, mostly so I can avoid a DOS close when transferring to an LLC. The mortgage company is requesting a letter explaining why I want to close the escrow account. My questions for the group:

1. What is your opinion on closing an escrow account?

2. What are some reasons I could put in the letter to use as a way out of the escrow fund?

Thanks

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