So on the CD - where do we show the amount they currently have in escrow, say $6k, which will go towards the new escrow account (same lender).
Do I show a lender credit (Paid by Others) in section G. Homeowner's insurance line (-$1k) as well as the property tax line (-$5k)?
Or, (Borrower-Paid) under H. Other, can we use "Escrow Transfer" and plug in the -6k escrow credit.
Or, less our mtg payoff by the 6k. Which means it's will not appear in section G or H on the CD?
Thanks in advance!