How does escrow withdrawal at refi get entered?

harry askenazi

I refinanced my mortgage last year, and am trying to now add the new loan and close the old one.

I had an escrow balance on the old account, which was reduced via a withdrawal, so that the account balance is zero at closing. However, I am struggling to figure out where these funds actually went. IE: I can simply adjust the balance down, but prefer to track those funds properly when adding the new loan and closing the old. Any help is appreciated!

NotACPA

You'd need to look at your loan closing documents to see where the escrow funds went ... but I suspect that they were used to pay down the prior mortgage balance.