Mortgage Tips & Information : Define Mortgage Escrow

Posted on February 14, 2009
Filed Under Foreclosure definition |

Mortgage escrow refers to the amount of money that the lender has set aside for taxes and insurance, and the escrow is added on top of the principal and interest for each monthly payment. Discover the importance of an escrow account with tips from a mortgage broker in this free video on mortgage loans.

Duration : 0:1:8

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