Mortgage Escrow Explained - Do You Need It?

Описание: 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

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Kyle Seagraves
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Motto Mortgage Alliance
8900 N. Dixie Dr.
Dayton, OH 45414
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