What Is An Escrow Account?

Ever heard of escrow? It's like a savings account for your house. 💰
Here’s how it works:
✅ A portion of your monthly mortgage payment goes into your escrow account.
✅ Your lender uses that money to pay your property taxes and homeowner's insurance premiums for you.
✅ It ensures those big bills are always paid on time!
We're here to demystify every part of the homebuying process.
DM us "ESCROW" if you have more mortgage questions!