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#786691 - 07/31/07 09:08 PM Escrow Commercial Real Estate Loans
HRH Okie Banker Offline
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Joined: Jan 2003
Posts: 3,070
Oklahoma
Has anyone ever escrowed insurance and taxes for commercial loans? I've been in consumer and commercial/ag loans, never mortgage, so I've not really been exposed to escrow. I'm wondering if this is something that is being done, or a service-type offer for comm'l customers. Any thoughts and/or comments would be appreciated.
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#786745 - 07/31/07 10:32 PM Re: Escrow Commercial Real Estate Loans HRH Okie Banker
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Joined: Dec 2002
Posts: 4,616
SC
For our bank, it's not the norm to escrow on commercial loans. However, we do have some customers that have requested this and we will accomodate them when possible.
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