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Updated 11 months ago on . Most recent reply

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14
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My mortgage has went up twice

Brianna Johnson
Posted

Hi there my mortgage has went up twice my escrow account had a shortage last year and now this year. What can I do so that my escrow account does not have a shortage? 

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17,456
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,144
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17,456
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Assuming you are at 80% LTV or lower, you do not need to escrow funds and can pay your own taxes and insurance instead.

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