Why Choose First National
When it comes to private agreements, having a strong player on your team can make a difference. First National is equipped to help you meet the challenges of private transactions. Simply put: You close the transaction; we service the contract.
More than a century of experience providing banking services across the nation and around the world
Competitive fee schedule with no hidden fees
One of the largest private note servicing companies in the Pacific Northwest
Convenient payment & disbursement options
Improve Your Customer Experience
We’re ready to help you meet your customer’s needs.
- Title Companies
- Attorneys
- Realtors
- Builders and Land Developers
- Landlords
- Property Managers
- Independent Dealerships
Escrow Account Transactions
- Owner or seller-financed real estate sales
- Buying or selling a business
- Stocks and equipment sales
- Settlements, private note/contract servicing
- Vehicle, furniture, or other sales
- Sale of liquor license
- Deferred commission services
- Rentals, leases, homeowners or club collections
Do You Have A Unique Transaction?
We can create a Milestone Escrow account customized to meet your escrow needs. Reach out to our team and we’ll help create the right solution for you or your business.
Frequently Asked Questions
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What documentation and forms does an individual need to establish an escrow account?
- Escrow Instructions
- Exhibit A – Disbursement
- Escrow Application (one per person)
- W9 (one per person)
- Copy of ID for each person
* Additional forms are required for Interest-Only Payments, Partial Releases, Payment or Interest Rate Changes, Deferred Commissions, or Security Assignments. Contact our escrow team for additional details.
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What documentation and forms does a business need to establish an escrow account?
- Escrow Instructions
- Exhibit A – Disbursement
- Escrow Certification of Beneficial Owners Application (one per business)
- W9 (one per business)
- Copy of Business License
- Copy of Certificate of Existence or Articles of Incorporation
- Copy of ID – for each beneficial owner and person opening account
* Additional forms are required for Interest-Only Payments, Partial Releases, Payment or Interest Rate Changes, Deferred Commissions, or Security Assignments. Contact our escrow team for additional details.
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What documentation and forms does a Trust, Estate of, Guardianship or Conservatorship need to establish an escrow account?
- Escrow Instructions
- Exhibit A – Disbursement
- Escrow Application
- One for trust and each trustee
- One for Estate and each personal rep
- One for Guardianship and each guardian
- One for Conservatorship and each conservator
- W9 (one per listed above)
- Copy of ID for each person
- Supporting Documents
- Certification of Trust
- Certified Death Certificate and court documentation
- Guardian or Conservator court documentation
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What fees will I be charged to establish an escrow account?
There is a setup and annual fee for each escrow account we establish. Reach out to one of our escrow experts for additional fee information about each account type:
Contact Us
Our escrow servicing team is ready to provide the right customized solution to meet your customers’ needs.
Download Escrow Forms
- Debit Authorization
- Debit Authorization Cancellation
- Payment Reminder Service
- Escrow Exhibit A Disbursement
- Preferred Communication Form
- Change of Address Request
Additional forms are required for Interest-Only Payments, Partial Releases, Payment or Interest Rate Changes, Deferred Commissions, or Security Assignments. Contact our escrow team for additional details
Disclosures
Escrow accounts are not deposit accounts and are not FDIC-insured.