Is Escrow required in order to Close a Mobile Home Loan?
Escrow is not required in any state, with the exception of California, where it is mandated by law. Escrow in California is handled by a third party escrow company. JCF Lending Group has friendly relationships with several escrow companies, and we will find one near you. In all other states, escrow is handled internally by our office, where we do all functions from titling the mobile home, to cutting checks to your current lender, credit card companies, other banks, and even to you.