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Taxes Escrow

Understanding Escrow Shortages And Property Tax Increases

Receiving an escrow shortage notice can be stressful. Learn why your mortgage payment increased, how property taxes affect it, and your options to pay.

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Homeowner reviewing a mortgage statement and using a calculator at the kitchen table

Taxes Escrow

Understanding Escrow Shortages and Why Your Mortgage Payment Went Up

Discover why your mortgage payment changed and how to handle an escrow shortage. Learn the difference between paying it off or spreading it out over time.