Escrow Disclosure Software 1



Publisher Description



Think of an escrow account as a special checking account. Each month a certain amount of money is set aside in your escrow account to pay real estate taxes, hazard insurance, mortgage insurance, and other escrow related items, when they are due. Your escrow payment is part of your total monthly mortgage payment. It is collected along with the principal and interest portion of your mortgage payment.
Each year, your account is reviewed to estimate future payments to and disbursements from your escrow account. The process of reviewing your account is referred to as escrow analysis. The analysis method required by the Real Estate Settlement Procedures Act (RESPA) for residential loans is called aggregate analysis. The aggregate method of escrow analysis is similar to balancing your checkbook. Payments go into and disbursements go out of your escrow account to give you a monthly escrow balance. RESPA requires lenders to provide borrowers with an Initial Escrow Account Disclosure Statement within 45 days of closing, and an Annual Escrow Account Disclosure Statement at least once every twelve months thereafter. These statements are designed to provide information regarding the anticipated tax and insurance activity in the escrow account.
The Escrow Disclosure Software prompts the user through a series of questions and then fills out the Escrow Disclosure form using the Aggregate Accounting method. The software works with an initial, annual, or short-year Escrow Disclosure statement. Print or print preview documents on letter size paper. Save and retrieve documents for future use. Aggregate Escrow Adjustment Software is FREE (line 1008 of the HUD-1 RESPA).
Visit us on the web at www.lawfirmsoftware.com for more information.


About Escrow Disclosure Software

Escrow Disclosure Software is a free trial software published in the Other list of programs, part of Business.

This program is available in English. It was last updated on 20 March, 2024. Escrow Disclosure Software is compatible with the following operating systems: Windows.

The company that develops Escrow Disclosure Software is LawFirmSoftware.com. The latest version released by its developer is 1. This version was rated by 4 users of our site and has an average rating of 2.8.

The download we have available for Escrow Disclosure Software has a file size of . Just click the green Download button above to start the downloading process. The program is listed on our website since 2005-10-01 and was downloaded 206 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the Escrow Disclosure Software as malware if the download link is broken.

How to install Escrow Disclosure Software on your Windows device:

  • Click on the Download button on our website. This will start the download from the website of the developer.
  • Once the Escrow Disclosure Software is downloaded click on it to start the setup process (assuming you are on a desktop computer).
  • When the installation is finished you should be able to see and run the program.



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Users Rating:  
  2.8/5     4
Downloads: 206
Updated At: 2024-03-20
Publisher: LawFirmSoftware.com
Operating System: Windows
License Type: Free Trial