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Author: JAFO31 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127680  
Subject: Re: Escrow items during refi Date: 1/25/2013 5:32 PM
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WotPeed: "Is the closing agent who's coming to sign the documents going to know the answer to this?"

What documents will the closing agent be signing. Virtually all th loan documents need to be signed by you as borrower. I suspect that the closing agent will not know many (if any) of the details behind the numbers on the closing statement; though he or she should be able to explain the closing statement.

"Will they know what the current escrow account balance is?"

Highly unlikely. Only your the servicer on your existing mortgage is likely to know such balance.

whoever wrote: "After about 3-4 weeks after you close & fund, the prior servicing company will send you a check reflecting the remaining balance of your old escrow account." laregely nailed it.

Regards, JAFO
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