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Escrow Shortage: What It Is And How To Avoid It
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🚨 Got an Escrow Shortage Letter? Don’t Panic — There’s a Solution! Many homeowners are getting escrow shortage notices due to rising taxes and insurance. The good news? You have options! ✅ We can help you review your escrow account ✅ Explore ways to lower your monthly payment ✅ See if refinancing or restructuring makes sense for your situation 📞 Call Mortgage Experts today at 301-945-8300 to discuss your best options and take control of your payment. #MortgageExperts #HomeLoans #MortgageTips #
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🚨 Got an Escrow Shortage Letter? Don’t Panic — There’s a Solution! …
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FacebookMarcus Eligan
🚨 Got an Escrow Shortage Letter? Don’t Panic — There’s a Solution! Many homeowners are getting escrow shortage notices due to rising taxes and insurance. The good news? You have options! ✅ We can help you review your escrow account ✅ Explore ways to lower your monthly payment ✅ See if refinancing or restructuring makes sense for your situation 📞 Call Mortgage Experts today at 30-965-1155 to discuss your best options and take control of your payment. #MortgageExperts #HomeLoans #MortgageTips #F
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🚨 Got an Escrow Shortage Letter? Don’t Panic — There’s a Solution! …
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FacebookSaundra Fenwick - Your Mortgage Consultant
🏠HOW YOUR MORTGAGE PAYMENT DOUBLED OVERNIGHT 1) ESCROW SHORTAGE Your servicer didn’t collect enough last year. So when taxes or insurance came due, your escrow account went negative. Now your new payment jumps because they’re refilling the shortage and collecting for next year at the same time. ⸻ 2) WHY THIS HAPPENS • Property taxes increased — county reassessed your home at a higher value • Homeowner’s insurance increased — your insurer raised premiums Either increase gets added to your mortga
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