Mortgage Escrow Explained Do You Need It

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=ehIWr1rBTpc

Mortgage escrow can be confusing until you break it down into its simple pieces. Escrow can help make your life easier since you don't have to manage payments, but it might come at a cost. • In this video: • 00:00 Intro • 0:10 What is a mortgage payment made of? • 1:28 Is escrow like a savings account? • 1:40 Why does escrow even exist? • 2:27 How to create an escrow account • 3:12 Should you escrow or now? • 3:54 Benefit of escrowing • 4:08 Negatives of escrowing • 4:50 Recap of escrowing • ➡️ — GET STARTED — • 🏠 Connect with a helpful LENDER in your state → https://www.winthehouseyoulove.com/le... • 🏠 Connect with a helpful AGENT in your city → https://www.winthehouseyoulove.com/agent • — HELPFUL TOOLS — • ✅ Max Purchase Price Calculator → https://www.winthehouseyoulove.com/ma... • ✅ Lowest Cost Loan Calculator → https://www.winthehouseyoulove.com/lo... • ✅ Home Buying Planner → • ✅ Today’s Interest Rates → https://www.winthehouseyoulove.com/to... • ✅ Step-By-Step Home Buying Timeline → https://www.winthehouseyoulove.com/ti... • ✅ Student Loan Savings Calculator → https://www.winthehouseyoulove.com/st... • • -- Legal -- • Kyle Seagraves • NMLS# 1701021 • Motto Mortgage Alliance • 8900 N. Dixie Dr. • Dayton, OH 45414 • Equal Housing Opportunity

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