Somewhat like a conventional escrow provider who serves in a neutral capacity, a collection escrow facilitates and manages the payment from a buyer to a seller, or a borrower to a lender, on the financial obligation between the two of them .

Tired of remembering to make your monthly payments or having the check get lost in the mail?

Then relax and let us handle the work for you. Cascade Escrow's Collection Department has the capability for electronic debit of monthly payments from your bank account, as well as electronic credit deposits into your bank account. Your monthly payments or deposits will be processed in a timely manner regardless of your vacation or travel schedule.

Using a collection escrow is a prudent choice for sellers and buyers, and for borrowers and lenders who may not have the expertise to perform these functions themselves. There can be a variety of pitfalls not utilizing an experienced collection escrow provider, such as lost documents, missing principals or later disagreement between the principals, that can be managed with collection escrow.

While locally, some collection escrow providers have diminished in number, or are out-sourcing some components of their process, and even substantially increasing prices, Cascade Escrow continues to provide local, flexible and affordable collection escrow services. While our Company has been around since 1950, our Collection Escrow Dept. has been in existence since 1990 , We're local, flexible, and approachable – you can actually walk in and sit down with our Collection Escrow Officer (linked to Staff page), and your file.

What Does Cascade Escrow Collections Provide?

• Secure and Safekeeping of Documents.
• Prompt Deposit of Payments into your Bank Account or Check Disbursement.
• Electronic Deposit of Funds.
• Electronic Debit of Monthly Payments.
• Detailed Monthly Receipts and Payment Notifications.
• Loan Amortization Schedule.
• Computerized Accounting, Reporting and Documentation.
• Modification and Document Preparation.
• IRS 1098 and 1099 Preparation.
• Assessment of Late Fees and/or Prepayment Penalties.
• Payment Coupons Sent Annually.
• Property Tax Tracking.
• Insurance Tracking.
• Annual Statements.
• Quality Experience.
• Courteous Customer Support.
• Locally Owned & Operated Since 1950.

For more information about this service or any other services, please contact Cascade Escrow's Collection Department. We look forward to providing you with all of your Escrow Collection needs.