The purpose of an escrow account is to pay the points at closing.

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An escrow account is a separate account held by a third party to facilitate the transfer of funds and to ensure that all parties involved in a transaction fulfill their obligations. It is typically used to hold the buyer's funds for a down payment, property taxes, and homeowners insurance. It is not used to pay points at closing. Points are typically paid directly by the buyer to the lender at closing.

The Purpose of an Escrow Account Is to Pay the Points