Refund worksheet · Free download
Annual Escrow Surplus Refund Eligibility & Deadline Worksheet
Use this only for a surplus created by an initial or annual escrow analysis. It separates the $50 threshold, current-status test, analysis date, and refund/credit treatment from the different rules that apply after mortgage payoff.
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Actual first-page previewAnnual Escrow Surplus Refund Eligibility & Deadline Worksheet
Before you fill it out
What this resource helps you document
Use this only for a surplus created by an initial or annual escrow analysis. It separates the $50 threshold, current-status test, analysis date, and refund/credit treatment from the different rules that apply after mortgage payoff.
01Analysis and status
02Surplus threshold
0330-day refund check
04If surplus is under $50
05What to verify next
Federal baseline to check
Use the form with the rule, not instead of the rule.
These templates organize facts and records. They do not create a borrower right that the underlying regulation, loan terms, investor rules, or state law does not provide.
- If an escrow analysis shows a surplus of at least $50 and the borrower is current at the analysis, the servicer must refund it within 30 days of the analysis.
- If the surplus is under $50, the servicer may refund it or credit it against the next year's escrow payments.
- If the borrower is not current under the rule's 30-day test, the servicer may retain the surplus under the mortgage documents. Payoff balances use a separate 20-business-day rule.
Use this resource carefully
- Use the analysis date as the starting point; do not substitute the statement delivery date unless they are the same.
- Confirm whether the borrower was 'current' under the regulation at analysis: payments received within 30 days of their due dates.
- For a mortgage paid in full, use the Post-Payoff Escrow Refund Reconciliation Sheet instead of this worksheet.