Lawrence Isaac

DRE: 01771598

(760) 641-1628
(760) 844-7500 (Office)

Do I Need An Escrow (Impound) Account?

What Is An Escrow (impound) Account? - Do I Need One?

As we show you in this video, an escrow account is established by your lender, to set aside a portion of your monthly mortgage payment to cover annual charges for homeowner's insurance, mortgage insurance (if applicable, less than 20% down), and property taxes.

CLICK HERE to view video (1.01 min)