Know your Escrow payment details with Escrow Disbursements.Mortgage InsuranceUpdated on Aug 13, 2024 View more like this | Visit FOXBORO, MA | Contact Fairway Independent Mortgage Corporation |
Annual Escrow Account Disclosure Statement. An escrow account is an
account Ditech sets up to pay certain bills associated with your property,
such as property taxes, homeowners insurance, hazard/flood insurance or
private mortgage insurance (PMI) if required. The lender then makes a
payment to the county using the money from your escrow account. You should
also receive a copy of your tax bill for your records; however, you don't
need to pay your tax collector directly.
account Ditech sets up to pay certain bills associated with your property,
such as property taxes, homeowners insurance, hazard/flood insurance or
private mortgage insurance (PMI) if required. The lender then makes a
payment to the county using the money from your escrow account. You should
also receive a copy of your tax bill for your records; however, you don't
need to pay your tax collector directly.
