Saving on Escrow Fees with Nate Cater

Nate Cater is based in Los Angeles. His company is PHOCIS which specializes in providing escrow services for smaller independent private lenders. The value proposition is to save on escrow fees.

As always, perform your own due diligence. Request state-by-state escrow or money transmitter licenses.
Ask for copy of regulatory compliance policy and legal opinion on FBO structure. Request a tri-party or bank confirmation letter confirming the FDIC-insured FBO account setup with Wells Fargo or secondary banking partner.

To connect with Nate, visit https://phocistech.com/

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**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)
Website: [www.victorjm.com](http://www.victorjm.com)
LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)
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Email: [[email protected]](mailto:[email protected])
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