First Mortgage, Inc.

Acts as a professional third-party escrow agent to safeguard documents and service owner financed loans, first and second mortgages, construction hold-back agreements and much more.

Thank you for visiting First Mortgage, Inc., online. Our company has provided escrow/collection needs for over thirty years.
First Mortgage, Inc. is determined to bring the very best service to your personal escrow needs.

NOTICE TO ALL CLIENTS:

All escrows are required to provide a W-9 form (upon set up or request) to validate information furnished to the
IRS by First Mortgage. Failure to provide may delay processing on the account and/or penalties assessed.
You may obtain the form from the IRS website CLICK HERE

Advantages of using an escrow company:

  • Third Party payment processing
  • Annual statements of interest earned and paid
  • Neutral party to safeguard documents
  • Multiple disbursement options for receipt of funds
  • Payment reminders and late charge notices
  • Payment options for payers, such as mail in coupons or automatic withdrawal
  • Bill paying, such as personal/real property taxes, insurance, space rent, etc.
  • Duties of the escrow company:

  • Receive and disburse funds as instructed
  • Retain payment records
  • Provide receipts
  • Comply with interest reporting requirements
  • Safeguard documents until authorized for delivery
  • Duties escrow company is NOT contracted to do:

  • Suffer loss due to insufficient funds
  • Negotiate terms for either party
  • Guarantee the condition of the title to any real/personal property
  • Ensure the legality of documents held in escrow
  • Note to Customers... The office is not open on weekends or federal holidays.   There is a drop box located outside the front entrance to suite 150.  Any payments received in the drop box will be received the next business day.