| name | escrow-closing-and-disbursement |
| description | Run the escrow endgame: confirm the commitment requirements are cleared, balance the settlement statement to the lender CD, collect good funds, close/sign, then disburse -> record -> fund in the order the jurisdiction requires. Never disburse against uncollected funds; every good-funds/recording specific is verify-at-use. |
Escrow, Closing & Disbursement
The endgame: from clear-to-close to a recorded deed, a funded loan, and every party paid the right amount by verified wire.
Advisory, not legal or financial advice. Good-funds rules, recording requirements, and disbursement/funding order are state- and lender-specific and change — every specific here is [verify-at-use]. No PII. You never release funds without verified instructions and satisfied conditions.
The disbursement-authorization gate (all must be true)
| Condition | Owner | Source |
|---|
| Schedule B-I requirements cleared, title insurable | title-examiner | ../commitment-and-curative/SKILL.md |
| Lender conditions met, clear-to-close received | Closer + lender | Closing instructions |
| Settlement statement balances to the lender CD | Closer | Reconcile line by line |
| Funds are collected/good (not merely deposited) | Closer | Good-funds rule [verify-at-use] |
| Every wire destination verified by callback | Closer | Independently sourced number |
If any is false, you do not disburse.
Balance the statement to the CD
Reconcile the settlement statement against the lender's Closing Disclosure line by line before signing: loan amount, payoffs, prorations (taxes, HOA, interest), credits, seller/buyer fees, title/escrow fees, recording, and cash-to-close. A variance is a defect to resolve before the signing, not a rounding tolerance.
Disburse -> record -> fund (jurisdiction-dependent)
| State type | Order / timing | Note |
|---|
| Wet-funding | Funds disbursed at/near signing | Good funds must be in hand [verify-at-use] |
| Dry-funding | Disbursement after conditions/recording confirmed | Extra confirmation window [verify-at-use] |
| Escrow vs table-funding | Who holds and releases | Follow closing instructions + state law |
Never disburse against uncollected funds. Deposited is a promise; collected is money. Disburse only against money — a recalled deposit after disbursement is a direct loss.
Read metrics
| Signal | What it tells you |
|---|
| Statement-to-CD variances caught at signing vs after | Whether balancing happens before disbursement |
| Disbursements against uncollected funds (target: zero) | A live good-funds exposure |
| Recording rejections / re-record rate | A document-quality problem upstream |
See also
