Purchasing a home is one of the biggest life decisions you’ll ever make. Our experienced loan originators want to know exactly what you’re looking for. Every person has different needs and we’ll ask you the right questions to determine yours. Then, we’ll give you all the facts and options available, so you have complete confidence that you’re making the right choice.
Escrow is a way of transferring or exchanging property or money using a neutral third party. Escrows are established to hold original documents, real estate deeds, titles to property, money or securities until conditions are fulfilled and the items are released. An escrow is beneficial to both parties as an independent third party will be holding the documents, processing all regular payments, maintaining an accounting of all transactions and providing the required reporting.
The First Community Bank Escrow Department may be reached at the Froid branch office by calling (888) 300-1997.