A reserve account can be established for the payment of taxes or insurance related to the escrow. Additional fees apply. See Escrow Services & Fees brochure for current fees. The buyer or seller is responsible for submitting tax and insurance...
Escrow payments can be made at any First Interstate Bank branch or mailed to:
Escrow Department
Missoula Downtown Branch
P.O. Box 4667
Missoula, MT 59806
Credit is given on the date received at any branch.
There is an opening fee, payment servicing fee, and closing fee for each account.
Opening Fee - The opening fee is based on the contract balance of the escrow. This fee is paid when the escrow is opened. See Escrow Services & Fees brochure...
Parties to the escrow need an executed agreement. On traditional escrows the agreement may be a contract for deed, trust indenture, mortgage, or buy/sell agreement. In addition, the parties will complete a First Interstate Bank Escrow Agreement...
