Bulletin W13-147 - Update, Escrow Holdback Disbursement Policy
November 25, 2013
Topic included in Bulletin W13-147:
- The Escrow Holdback Disbursement Policy has been updated
- Changes include:
- Overview – Eligible Programs
- Program Types – Conventional Jumbo loans and HUD owned properties are ineligible for escrow holdbacks
- Transaction Types – Allowed on:
- Primary Residence Only – Purchase and Refinance
- 1-4 Units
- Condos
- PUDs
- Updates effective immediately
Download: Bulletin - W13-147 (PDF)
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