Defining and developing the brand capability. The discovery of a brand capability is not a linear process, but an exploration of three basic questions that can help an organization clarify its core brand components.
Escrow Refund Period. Mortgage lenders can take up to 30 days to refund escrow account balances to borrowers whose mortgage loans have been paid off. For several reasons, mortgage lenders tend to take their time refunding their borrowers' escrow accounts.
Many banks and mortgage companies wire funds the day of a closing. Depending on your part of the country, escrow companies or attorneys manage mortgage closings. If the closing agent has the loan proceeds in their bank account, they can fund and record the mortgage almost immediately.uyers do not legally own their new property until their mortgage funds. Sellers have not legally sold their property until funding. Typically, this is not a problem since dry closings, by state practice or lender preference, are usually funded quickly, within 24 to 48 hours.