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Updated almost 14 years ago,

Lawrence L.'s profile image
Lawrence L.'s profile image
Lawrence L.
Pro Member
  • Rental Property Investor
  • from Bronx, NY
  • Member since Jan 6, 2008
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User Stats

144
Posts
64
Votes
Lawrence L.'s profile image
Lawrence L.'s profile image
Lawrence L.
Pro Member
  • Rental Property Investor
  • from Bronx, NY
  • Member since Jan 6, 2008
Connect
Lawrence L.
Pro Member
  • Rental Property Investor
  • Bronx, NY
64
Votes |
144
Posts
Private Lending & Conventional Mortgage Advice

Help with Escrow

Lawrence L.
Pro Member
  • Rental Property Investor
  • Bronx, NY
Posted

Have a construction loan, the construction period ran out, I asked if I can modify the loan they said no,I have 112,600 in escrow which the bank says is mine but they will not give me any of that money. They say they can put that money toward the principle, but I can't use the money. My interest rate is 10.99% My question is what can I do or what should I do? The bank is eastern savings bank in Maryland.

  • Lawrence L.
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