Broker Escrow In Los Angeles County
Both borrower and lender deserve the assurance that funds or property will not change hands until all Purchase Contract instructions are satisfied. Borrowers and lenders submit signed documents, and the lender's money is held by an independent neutral third party - Escrow.
California Escrow Law Section 17003 of the Financial Code defines escrow as a deposit of funds, a deed or other instrument by a party for the delivery to another party upon completion of a particular condition or event.
The principals to the escrow are the lender and borrower. The principals cause escrow instructions to be created, signed and delivered to the escrow officer.
We are located in Los Angeles county.
We are licensed by the California Bureau of Real Estate as a commercial mortgage broker and conventional Single Family Residence (SFR), commercial and hard money lender. As such we can handle escrows on our own transactions.
Our programs include conventional loans, refinance, commercial mortgage loans. We also do hard money loans on houses, commercial properties and land. In addition, Bankers Group can help California investors find first and second mortgage loans to fund.
Whether you are looking for real estate in Woodland Hills, Topanga, Venice, Santa Monica or elsewhere in Los Angeles county, we are able to assist you.
If you have questions about your loan closing process, title documents, or funding requirements, please contact Dorothy directly at: 818-226-6100.