Mortgage Status Dashboard
Loan #4317322 • Vanderbilt Mortgage and Finance, Inc.
Action Required: Waiting on Refund
Current Payment
$2,729.69
Includes Shortage
Target Payment
target$2,209
After Refund
Escrow Balance
-$5,682.82
Negative Balance
Refund Due
$4,094.72
Approved by County
Missing Funds
~$982.20
Unaccounted Diff
Monthly Payment ScenariosProjected
Case Chronology
Annual Escrow Analysis
Jan 08, 2026Bank incorrectly projects taxes at 6% rate (~$6,683/yr). Payment hiked to ~$3,296.
Adjusted Analysis Letter
Jan 20, 2026Bank acknowledges potential issue but still calculates payment based on high taxes.
Tax 4% Approval
Feb 04, 2026Lexington County approves Legal Residence Application. Tax liability drops to $1,606.
Official Bank Letter (Fixed)
Feb 13, 2026Bank confirms new payment of $2,729. Future taxes corrected to $1,606. Shortage charge of ~$513/mo remains.
Refund Confirmed
Feb 13, 2026County approved refund of $4,094.72. Check mailed to YOU in 4-5 weeks.
Discrepancy Inquiry
Feb 13, 2026Sent inquiry to County regarding missing ~$982 (Diff between Bank Debit $6,683 and Refund+Tax).
Deposit Refund
Future ActionReceive check, endorse, and send to Vanderbilt Mortgage to clear shortage.
Lessons Learned
- •Tax Timing: File "Legal Residence" before Dec 31st to avoid the higher 6% rate.
- •Jan Review: Check escrow analysis in January before the bank pays the bill.
- •Good News: The 4% rate is now permanent!