Videos
Prepaid Interest and Your 1st Mortgage Payment
In this video, we'll review the timing of your first mortgage payment and how the date of your loan closing determines the amount of pre-paid interest a lender will collect at clsoing.
Setting up your Impound or Escrow Account
In this video we'll go over what exactly is an escrow (also known as an impound) account and how the lender determines the amount to collect both up-front and monthly, to pay your property taxes and insurance premiums with your rmortgage payment.
Property Taxes and Supplemental Tax Bills
In this video we'll explain how property taxes are calculated, explain pro-rated property taxes paid at closing and review supplemental property tax bills.
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