Refinance Escrow
Refinance escrow helps ensure that lender requirements are satisfied before loan funds are disbursed and recorded. At Haven Escrow, we coordinate the refinance process with lenders and borrowers to keep documentation, timing, and funding aligned.
Open EscrowWho this service is for
- Homeowners refinancing an existing mortgage
- Borrowers working with institutional or private lenders
- Lenders requiring escrow coordination
- Parties involved in residential refinance transactions
What we handle
- Opening refinance escrow and confirming instructions
- Coordinating lender documents and requirements
- Facilitating borrower signatures
- Managing payoff of existing liens as instructed
- Tracking funding and recording requirements
- Disbursing funds according to escrow instructions
All steps are completed according to written instructions provided by the lender and involved parties.
What you may need
Requirements vary by lender, but commonly include:
- Identification for signing
- Lender contact information
- Existing loan information
- Additional documents requested by the lender
We will confirm specific requirements once escrow is opened.
Typical refinance timeline
Every transaction is different, but here's a general overview of the refinance escrow process.
Escrow opened
Lender instructions and borrower information are received.
Document preparation
Loan documents are prepared and delivered for signing.
Signing
Borrower completes required signatures.
Funding & rescission period
Funding occurs after any applicable waiting period.
Recording & disbursement
Documents are recorded and funds disbursed as instructed.
Note: Timelines vary based on lender requirements and transaction details.
Common questions
Is refinance escrow faster than a purchase escrow?
Often yes, but timelines depend on lender requirements, documentation, and applicable waiting periods.
Is there a rescission period?
Some refinance transactions include a mandatory rescission period, depending on loan type and property.
When are funds disbursed?
Funds are disbursed according to lender instructions after all conditions are satisfied.
Important security reminder
Always verify wiring instructions by phone using a trusted number before sending funds. Do not rely on instructions received by email or text.
Why clients choose us for refinance escrow
Planning to refinance?
Open escrow online and we'll guide you through the next steps.