Add-on module

Handle Every Escrow Obligation, Automatically

Track unlimited impound accounts, automate payment prioritization, and maintain a complete vendor disbursement history, all within your existing loan servicing workflow.

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Impound/Escrow Module

Get the full Impound & Escrow module guide

Features, workflows, and capabilities (PDF)

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What Is It

A Complete Escrow Setup for Every Loan You Service

An impound account is a fund held by the lender to pay certain borrower obligations such as property taxes and insurance premiums, paid directly to the third party when due. The borrower contributes to this fund through each regular loan payment.

Bryt automates the full cycle: setting up accounts, defining collection schedules, prioritizing impound in the payment waterfall, and recording every vendor disbursement. Every impound account integrates directly into the loan payment schedule, documentation, and accounting register.

Unlimited Impound Accounts

Unlimited Impound Accounts

Add as many impound accounts as a loan requires. Beyond taxes and insurance, any third-party obligation the lender pays on behalf of the borrower can be tracked.

Automatic Payment Prioritization

Automatic Payment Prioritization

Impound is collected before principal and interest by default. Users can override the priority on a per-payment basis when the situation requires it.

Double-Entry Accounting Register

Double-Entry Accounting Register

Every impound transaction is recorded with double-entry accounting. The Bryt register includes all entries with no manual ledger maintenance required.

Unlimited
Accounts

Multiple impound accounts supported per loan

Automated
Allocation

Payment prioritization configured for every loan

100%
Traceability

Double-entry accounting on every escrow transaction

Full
Visibility

Complete vendor disbursement history across every loan

How it works

Four Steps From Setup to Disbursement

Configure your impound accounts once. Bryt handles collection, prioritization, and vendor payments automatically from that point forward.

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STEP 1

Add an Impound Account

Attach one or more impound accounts to any loan. Specify the obligation type: property taxes, insurance premiums, or any custom third-party obligation.

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STEP 2

Set Amounts and Schedule

Define the collection amount and the time period it applies to. Modify amounts at any point during the loan life as obligations change.

step

STEP 3

Collect and Prioritize

Impound funds are automatically collected and prioritized in the payment waterfall. Override the collection order on individual payments when needed.

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STEP 4

Pay Vendors and Record

Vendor disbursements are recorded against a contact in Bryt. Every loan builds a complete payment history for every vendor across the life of the loan.

Why Bryt

Built for Lenders Who Mean Business

Everything required to manage impound and escrow at any scale, from a single private loan to a large institutional portfolio.

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Unlimited Impound Accounts

No cap on impound accounts per loan. Add as many obligations as the loan structure requires.

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Configurable Payment Priority

Set impound first in the waterfall by default. Override per payment when a different allocation order is needed.

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Flexible Mid-Loan Modifications

Adjust impound amounts at any point during the loan term for tax reassessments, insurance renewals, or any obligation change.

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Vendor Contact Management

All disbursements are linked to a vendor contact in Bryt. Every loan builds a full payment history for every vendor it interacts with.

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Included in All Borrower Documents

Impound amounts appear automatically on the payment schedule, payment request, and every document sent to the borrower.

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Double-Entry Accounting Register

Every impound transaction uses double-entry accounting. The Bryt register includes all entries with no manual ledger work needed.

Handles every obligation

Every Type of Escrow Obligation, Covered

Not limited to taxes and insurance. Any obligation the lender pays on behalf of the borrower can be tracked in a dedicated impound account.

Property Taxes

Collect and disburse annual or semi-annual property tax obligations on behalf of borrowers to the relevant authority.

Insurance Premiums

Homeowners, hazard, flood, or any other insurance premium due to third-party carriers on a recurring schedule.

HOA Dues

Recurring homeowner association dues collected with each payment and remitted on the borrower's behalf.

Custom Obligations

Any third-party payment the lender manages on the borrower's behalf. If it is a recurring obligation, Bryt can track it.

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Frequently Asked Questions

Everything you need to know before getting started with Bryt.

An impound account is a fund held by the lender to pay certain borrower obligations such as property taxes or insurance premiums, paid directly to the third party when due. The lender collects a portion of these costs with each loan payment and disburses on the borrower's behalf when the obligation falls due.

Yes. Impound amounts are automatically included on the payment schedule, payment request, and any other documentation sent to the borrower, so they always have an accurate picture of what is being collected and why.

Yes. Bryt allows you to modify impound amounts at any point during the loan term. This is useful when property tax assessments change, insurance premiums renew at a different rate, or any other obligation amount is updated.

Bryt uses double-entry accounting for all impound transactions. Every collection and disbursement is recorded in the Bryt register, giving you a complete and accurate ledger for each impound account without manual reconciliation.

By default, impound is collected before principal and interest in the payment waterfall. This ensures escrow obligations are funded first. Users have the option to override this priority on a per-payment basis if the situation requires a different order.

Yes. When impound payments are made to a vendor and recorded in Bryt, they are associated with a contact in the Bryt contact database. You have a full running history of all vendor payments for every loan, for as long as the loan is active.