Q&A: If I refinance with a different mortgage company, what happens with my escrow from my old mortgage company?

Question by Alicia B: If I refinance with a different mortgage company, what happens with my escrow from my old mortgage company?
I am considering a refinance with a different mortgage company. I was told that my old mortgage company will send me a refund check for my money in escrow…is this true? And I was considering using the refund to pay for my appraisal fee for the refinance. Is this a good idea?

Best answer:

Answer by oh okay
That mafia will take your family away.

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