Understanding Your Escrow Account: Initial Setup & Annual Analysis Explained

Confused about how your escrow account works? In this video, I break down everything you need to know about setting up your initial escrow account when you close on a mortgage. I also explain the annual escrow analysis process, why your payment might change, and how taxes and insurance impact your account. Whether you’re a first-time homebuyer or a seasoned homeowner, this quick guide will help you stay ahead of the curve. 📅 Have questions about your escrow account? Call our office - 517.803.4732 🔔 Don’t forget to like, comment, and subscribe for more mortgage tips! #EscrowAccount #MortgageTips #Homeownership"