An escrow in which loan proceeds are deposited by the lender pending the closing of a real estate transaction. Frequently used when the loan commitment is due to expire before the closing date, and the funds are held in the proceeds of loan escrow account until actual closing.
Related information about proceeds of loan escrow:
- What is proceeds of loan escrow? definition and meaning
Definition of proceeds of loan escrow: An escrow in which loan proceeds are deposited by the lender pending the closing of a real estate transaction. Frequently ...
- What is proceeds? definition and meaning
Mentioned in these terms. net proceeds · net sales proceeds · proceeds of loan escrow · proceeds sale · gross proceeds · after-tax proceeds from resale ...
- What is escrow account? definition and meaning
waive escrows · servicer · proceeds of loan escrow · escrow contract · escrow shares · budget mortgage · escrow payment · impound account · holdback ...
- What is proceed? definition and meaning
dispossess proceedings · proceed order · proceeds of loan escrow · after-tax proceeds from resale · gross proceeds · net sales proceeds · proceeds · proceeds ...
- What is proceeds sale? definition and meaning
proceeds sale. proceeds of loan escrow · process costing. Definition. Securities transaction that uses any funds acquired from the sale of the security to ...
- What is loan commitment? definition and meaning
... quick ratio · financial leverage · accounts payable. Related Terms. takedown · commitment fee · investor fallout · credit · credit · credit · proceeds of loan escrow ...
- What is closing date? definition and meaning
Related Terms. proceeds of loan escrow. Mentioned in these terms. final closing date. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ. Resources ...
- Commercial Real Estate Transactions: Title Insurance and Related
according to the escrow instructions. In a mortgage transaction, another type of escrow may be required. This escrow is known as a proceeds of loan escrow or, ...