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Escrow Analysis

Justin Ratliffe-Francoeur avatar
Written by Justin Ratliffe-Francoeur
Updated over 2 months ago


Get to know your escrow analysis

A - Escrow Analysis Summary
Provides the current balance and impound, anticipated disbursements and the next due date

B - Shortage/Surplus Summary
Details the low point, shortage or surplus and details the base payment and future payments

C - Scheduled Balance Projection
The left side reflects impounds set prior to this change. The right side is the new impounds as set by this analysis.

D - Revised Payment Summary
New Escrow payment amount, shortage/surplus amount and the effective date are marked.

E - Transaction History/Projections
Depicts projected disbursements for the 12- month period and inflates based in the industry standard.


FAQs

Q: How is my shortage calculated?

A: The escrow shortage is the projected escrow low point minus the allowed escrow balance low point which is equal to one monthly installment for that escrow account.

Q: Can I view the escrow analysis online?

A: You can register here for our online portal: https://suite.walkerdunlop.com/portfolio click on “Connect A Loan” to add you loan. Have handy the loan number, zip code, tax ID and borrower entity name.

Q: How do my taxes get paid?

A: Walker & Dunlop contracts a third-party taxpayer who will automatically report and pay the original tax bill. All other tax bills please contact your assigned loan administrator (name listed on the escrow analysis).

Q: How does my insurance get paid?

A: Insurance invoices should be uploaded online to WDSuite, or emailed to insurance@walkerdunlop.com. A B C D E

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