What is an Escrow Account loanwithjen EscrowAccount

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What is an escrow account? By definition, escrow is a bond, deed or other money kept in the custody of a third party. In mortgage, the third party is your lender. You pay into your escrow account monthly and the money is held with your lender to pay on your behalf property taxes and homeowners insurance due. • For more information about escrow, contact us at www.loanwithjen.com Equal Housing Opportunity Lender. NMLS# 514497 • #Escrow #HomeownersInsurance #Insurance #Taxes

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