Escrow Tip #2 – Table Funding! Dry State! Wet State! What?

Have you ever heard the term “Table Funding”? What about the term a “Dry” State or a “Wet” State? Lenders like to throw out lending terms and many times we pick up on it and use it without actually knowing what it means. One of these is the concept of “Table Funding”, and being “Wet” or Dry”. Here then is the Escrow Tip to give clarification to these terms.