Ok. I'm buying a home and they're talking about the escrow. Then the loan officer is talking about how I need escrow. So is it all the same? Or are these different escrows? And what does that even mean?
Asked By Chad | Fairview, TN | 14 views | Buying | 2 days ago
Berkshire Hathaway HomeServices Professional Realty
(21)
Your mortgage payment includes your mortgage payment Plus the items (home insurance, property taxes, PMI & there may be some others) that the bank will collect a portion of money to be held in escrow as part of your TOTAL mortgage payment.