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Closing or Settlement >Escrow Rules
The lender is allowed to accumulate a borrower's payments up to a two-month advance cushion at the end of a year. But if a surplus develops beyond this amount, the borrower is now entitled to an immediate refund unless the surplus is less than $50. These rules apply to new loans.
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| Q |
What is considered the oldest surviving non-native building in the U.S.?
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| A |
The governor's palace in Sante Fe, New Mexico, built in 1609, was constructed with materials and methods adapted from the native Indians.
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WELLS FARGO HOME MORTGAGE
Call Hari or his assistant Lillian, for a good faith estimate on your closing costs and current interest rate information!
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