Phone: 916-648-2100
Contractor Retention "Escrow" Accounts
Maximize your earnings with our escrow department while our experienced staff offers you personalized service from the start of the project to the final release.
- Summary
- We prepare the escrow agreement within 24 hours
- We will follow for receipt of the first retention payment
- We will contact the owner if you are having problems receiving retentions in a timely manner
- Notification of retention payment mailed within 24 hours
- Monthly statements reflect each project's activity and interest earned
- Interest earned can be added to the account OR a check can be sent to you each month
- Rates increase as deposit balances grow
- Rates for each tier remain fixed for six months