Mortgage 101: Lingo You Need to Know

However, taking out a mortgage is not exactly a simple, or easy-to-understand, process. If you’re not well-versed in the loan lingo, you might not realize what you’re getting yourself into…and that co...

Everything You Need to Know About Escrow

What is Escrow? Put simply, escrow is a third-party financial arrangement intended to protect both sides of a large sale. It is most often used in real estate transactions, though you will likely come...

What is Escrow? Common Questions About Escrow in 2021 Answered

What is an Escrow Account? Escrow (also known as an impound account) acts like a savings account managed by your mortgage provider. Your escrow account is separate from your mortgage, but every time y...