What's your fraud IQ?
Take our short quiz to find out if you're taking the right steps to protect yourself
Take the quiz
We use funds in your escrow account to make property tax, homeowners insurance, and mortgage insurance payments on your behalf when they are due. Other items, such as flood or fire insurance, may also be paid out of this account.
Taxes and insurance premiums change over time. As these expenses increase or decrease, the amount of your escrow contribution will also need to change. We will review your escrow account at least once each year to ensure you have enough funds in your escrow account for projected payments.
Each time we review your account, we'll send you a statement to let you know about any: