Blue Mountain Escrow Inc. (BME) is an independently owned and operated escrow company licensed by the California Department of Corporations (DOC Lic.# 9632327).  Headquartered in Covina and with a special fondness for the Inland Empire,  BME creates exceptional closing experiences for residential sales and refinances throughout the state of California, as well as refinances in Arizona and Nevada. 

Escrow Fees
Our business model and fees are based on two simple ideas:

• Extraordinary service at ordinary prices.  Our goal is to offer a higher level of service at a lower (or average) price.  
• No Junk Fees!  We don’t charge you extra for simply doing our job.  We pass along external costs like overnight delivery, but otherwise stick to a fixed, flat rate. 

Areas Covered
Blue Mountain Escrow is licensed to do residential escrows throughout the entire state of California.  Additionally, we can do refinances in Arizona and Nevada.

Transaction Types
Our focus and specialty at Blue Mountain Escrow is residential—the sale, purchase, or refinance of new or previously owned homes, condos, townhouses, and duplexes to 4-plexes throughout California. 

Residential Sale/Resale
New Home Sales
Home Refinance
For Sale By Owner

Residential Sale/Resale
This is the most common and best-known transaction, the buying and selling of a previously owned home.  In a residential resale, the escrow company acts as a neutral third party between the Buyer and the Seller (the “principals”), and ensures that all contractual obligations in the Purchase Agreement are fully met by both sides.  These include:

• The completion by Buyer and Seller (and their representatives) of all documentation required by federal, state, and local governments.
• The deposit from Buyer of all funds necessary to meet the total sales price plus costs (initial deposit, new lender financing, etc.). 
• Evidence from Buyer of any documentation required by the new Lender, such as a new fire insurance policy covering the property.
• Seller deeds of ownership that will be transferred to Buyer at close of escrow.
• All required Seller disclosures and reports, plus the governing documents of any applicable Homeowners Associations.
• Loan proceeds from new lender deposits.

Once all conditions of the escrow have been met, the deed is recorded to transfer ownership interest in the property to the Buyer (other documents may also be recorded at this time, including a trust deed, the lender’s security document), and net proceeds are paid to the Sellers.
Every escrow has its own unique needs, deadlines, and potential surprises.  Blue Mountain’s closing experts are proactive in anticipating and solving problems before they occur—thus saving time, money, and grief for all parties. 

Home Refinances
When you refinance a home, you replace the existing mortgage loan with a new loan.  The existing loan is paid off with the proceeds of the new loan, with the same property used as collateral.  In order to decide whether this is worthwhile, the savings in interest must be weighed against the fees associated with refinancing.  Additional reasons to refinance include reducing the term of a longer mortgage, replacing an adjustable rate loan with a fixed-rate loan, or withdrawing cash equity in real property by obtaining a larger new loan.