Escrow Accounts Archives -

Escrow Accounts

  • what-are-the-advantages-of-mortgage-escrow-accounts-featured

    What are the Advantages of Mortgage Escrow Accounts?

    Mortgage escrow accounts are used to mitigate the amount of risk you may experience as you’re paying your mortgage, but that isn’t the only benefit. Here are some of the other advantages you gain by hiring an escrow officer to hold your mortgage escrow accounts. Convenience One of the...
  • The-Disadvantages-of-Mortgage-Escrow-Accounts-Featured-Image

    The Disadvantages of Mortgage Escrow Accounts

    Mortgage escrow accounts help mitigate the amount of risk and difficulty of paying off your mortgage, but they aren’t all good. There are some significant disadvantages to mortgage escrow accounts that you should be aware of before you hire an escrow agent. Fixed Monthly Payment Mortgage escrow accounts require...
  • 5-Myths-About-Escrow-Accounts-Featured

    5 Myths About Escrow Accounts

    Escrow might make you uncomfortable, especially if you’ve heard any bad myths about these types of accounts. Whether you’re getting an escrow bank account or an escrow account mortgage, these are some myths you should know before getting started. Escrow accounts keep you from changing your home insurance. Switching...