Episys Escrow Module - The fully automated escrow solution for lenders
Are you looking to streamline your escrow processes? With continuously changing rules, regulations and taxes, keeping up with members’ escrow accounts can be difficult. The Escrow module from Symitar™ allows credit unions to simplify the escrow management lending process by automating incoming payments, outgoing disbursements and escrow analysis.
When an escrow account is required on a loan, an additional payment is required on top of the standard loan payment. This extra payment typically covers real estate taxes and insurance. Symitar’s Escrow module automates the escrow payments and disbursements, as well as the periodic account analysis.