Free Credit Repair Software

Forex 101

Rates Update


What is an escrow account?

The escrow account in a mortgage payment context is a special account that the lender holds on the behalf of the borrower in which is deposited monthly installments for property taxes, hazard insurance, and private mortgage insurance if required. The lender then pays these obligations on behalf of the borrower when they are due.


Back to FAQ
EOH Our Mission | Privacy Policy | Security Statement | © 2001 National Funding Network. All Rights Reserved.