[ skip to main content ]

About WaMu | Locations | Contact Us |
Search this Site
Log in to Your Accounts
Log in to your accounts

Customer Service > Questions & Answers > Frequently Asked Questions > Personal Banking >

Home Loans (Servicing Your Loan)

What happens if I have a surplus of escrow funds?

If your loan account has a surplus of $50.00 or more at the time of your escrow analysis and your account is not delinquent (31 or more days past due), Washington Mutual automatically sends you a check refunding the surplus to you. If your surplus is less than $50.00, your surplus is used to reduce your monthly escrow payments until your escrow balance reaches its lowest point.