What Is an Escrow Account? Simple Explanation for Homebuyers

Buying a home is exciting… and it also comes with a few terms that make people go “Wait, what does that mean?” Today we’re breaking down escrow accounts in the simplest way possible. In this video, I explain: • What an escrow account actually is • Why lenders require it • How it affects your monthly payment • What happens to your money throughout the year • Tips to avoid surprises during escrow analysis My goal is to help you feel confident, educated, and prepared as you move toward homeownership. Let’s make this simple. If you have questions or want help understanding your numbers, I’m always happy to talk through it. #MortgageWithAHeart