Can the funds in my current loan’s impound account be transferred to a new loan’s impound account?
Unfortunately, not at this time. If you want to have an escrow/impound account on your new loan, Provident Funding will need to establish a new escrow/impound account at the closing of your new loan. At closing, the funds to establish a new impound account can be paid for by using your own funds or financed by increasing the new loan amount. However, the new loan amount may not exceed the original loan balance on your existing loan.
