If you would like the Subordination Guidelines for USAA Federal Savings Bank AND the property is located WITHIN Washington State, please request the information here. If the subject property is located OUTSIDE of Washington State, please order your subordination here. As always, if you close your transaction through Legacy Escrow in Washington State, the subordination [...]

Over the past year or two loan officers from various corners of the USA have been calling on Legacy Escrow Service, Inc. and utilizing our services for providing subordinations as part of our complete escrow closing program.   The most recent lender, The Lending Company from Arizona contacted us due to our experience in subordinations for their [...]

Received in a subordination from Bank of America which utilized their automated valuation program to calculate CLTV. Unfortunately, they are using the actual appraised value or the automated valuation program whichever comes in less. While this may not be new news, when the AVM is significantly less than the appraised value, well, the results can [...]

Please see our post on lender subordinations. Bank of America subordination checklist has changed a bit, so it is updated today.

Legacy Escrow continually adds value by providing subordination services as part of our complete escrow closing service.   This time saving task saves loan processors precious time, a real value in assisting loan officers in creating smooth transactions and closing on-time! Subordination Checklist from various lenders: This is a brief list of some of the more [...]