I have been through the refinance process many a time, and every single time I go through this process, my broker requests that we get the next installment of taxes and insurance paid at the close of escrow. Having many years under my wing in wholesale lending, I decided that I wasn’t just going to pay the money and sit/wait for the bank to send me my refund check this time for pre-paying those installments… ¬†Especially when they were already paid through and escrow/impounds account. This time around, I was able to verify payment of taxes and insurance within minutes of sending the final wire to the escrow company. EVERYBODY doubted it could be done… ¬†But gave it my old college try, and it worked.

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