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# What impact does selecting 'Escrow account established and required' versus 'Escrow account established and optional' from Escrow Account Type have on my transaction?

Generally, selecting 'Escrow account established and required' or 'Escrow account established and optional' results in the same output. For example, ‘Yes’ will be selected within ‘Escrow (T and I)’ in section III. Underwriting Information of the Uniform Underwriting and Transmittal Summary when selecting either option. Similarly, if you have selected Include the Escrow Account Notice on the Document Data page in the Closing phase, selecting either 'Escrow account established and required' or 'Escrow account established and optional' will result in the selection of the Escrow Account Notice.

Selecting 'Escrow account established and required' or 'Escrow account established and optional' does, however, result in different output with the following documents:

- Escrow Account Disclosure-CA
- Escrow Account Disclosure-MN
- Escrow Account Option Notice-OR
- Impound Disclosure Waiver-CA
- Lock-in Agreement-NY
- Mortgage Loan Commitment
- Tax Escrow Option Notice