03/02/2020: Escrow Shortage Payment Mailing Address

The Annual Escrow Account Disclosure Statement is generated and mailed to customers when an Escrow Analysis is performed on their loan.  When the analysis determines there is an Escrow Shortage, customers are presented with two Mortgage Payment Options on the statement:


Option 1: Pay the shortage in full using the coupon at the bottom of the page 

Option 2: Pay the shortage of $___.__ over the next 12 payments


Customers who choose Option 1 to pay the shortage in full must mail the entire shortage amount to the address indicated on the coupon at the bottom of the Escrow Analysis Disclosure Statement before the date the payment change takes effect.  If customers do not mail the escrow shortage payment to this specified address, the payment will not be adjusted timely or correctly.   


 The Escrow Shortage Payment Mailing Address is:

Fairway Independent Mortgage Corporation

P.O. Box 931060

Atlanta, GA  31193-1060


A copy of this section of the Escrow Account Disclosure Statement is shown below.  


This mailing address has been added to the Fairway Servicing Contact Information Section and the  Escrow Section in KnowledgeOwl.  Please see your manager or lead if you have questions.