Escrow Management
LMCU's Escrow Management system makes the process for navigating escrow accounts simple and efficient. This system supports flexible options for interest accruals and interest sharing between customers and escrow accounts while accommodating state-specific processing requirements. It allows law offices and escrow agents the ability to easily segregate clients' escrow funds into multiple sub-accounts via an easy-to-use online solution. Detailed monthly statements are also available for each sub account through the online system.
LMCU's escrow management is ideal for:
- Landlords/tenants
- Attorneys/trusts
- Real estate
- 1031 Exchange
- Title companies
- Developers
- Surrogates
- Resident care facilities