Video: What is An Escrow Account On My Mortgage?

 Learn how an escrow account works and how it can benefit you.

Aside from principal and interest, your monthly mortgage payment may include other recurring expenses such as taxes or insurance. Funds for these mortgage-related expenses can be put aside monthly into an escrow account. 

 

Watch the video above to learn what an escrow account is, how an escrow account works, and how it could benefit you.

Contact our home loan specialists today if you are ready to explore mortgage options!

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