Do you need an escrow account when buying a home and paying your mortgage payments? In this video, I talk about escrow accounts that are used for paying off your mortgage, how they function, who handles your account, and whether or not you need a mortgage escrow account. For those taking out their first mortgage, this may be new to you and hopefully, this video helps clarify.

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Thanks for watching!
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Timestamps:
Intro (0:00)
How Does An Escrow Account Work? (1:30)
Escrow Account Scenario Example (3:56)
Starting Your Escrow Account Upfront (7:07)
Who Is A Mortgage Servicer? (8:45)
Do You Get Paid Interest On An Escrow Account? (8:58)
Do You NEED An Escrow Account? (9:23)
Questions? Get in Touch! (9:52)

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