escrow disbursement


The dispensing of escrow funds for the payment of real estate taxes, hazard insurance, mortgage insurance, and other property expenses as they are due.

Use escrow disbursement in a sentence

The escrow disbursement was a really cool thing and I wondered how everything was going and how it would finish.

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I can live more at peace since my mortgage payment takes care of my escrow disbursement and I do not have to save my money for such things.

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Jim and Pam had recently sold their home. After the sale was closed they finally were able to receive an escrow disbursement. They used the funds to buy a new home.

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