Financial Wellness Show - Improve the Health and Wealth of Your Money

Should I Escrow My Own Mortgage Insurance and Taxes?

02.17.2016 - By Hosted by Steve Stewart with other Financial Coaches and Experts in PersonaPlay

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Would you be better off earning interest than letting the bank hold your money?

Today we speak with Financial Wellness Coach Bill to discuss:

What is Escrow?

Are escrow accounts mandatory?

What are the advantages of having an escrow account through your mortgage lender?

Is it more financially efficient to escrow my taxes and insurance than to not?

Can I create an escrow account with someone other than my lender?

What are the disadvantages or things we need to be aware of if we don’t hold escrow through our mortgage lender?

What happens after I pay off my house? Do I still send my bank escrow money?

For show notes or to work with us: http://FinancialWellnessShow.com/34

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