Escrow Analysis

About your Escrow

New accounts will be analyzed within 60 days of transferring
New escrow payment is based on previous year’s tax and insurance payouts
Payment will consist of 1/12 tax and insurance premiums, plus shortage if applicable
Borrowers have the option to pay shortage in a lump sum, or it will be included in their monthly payment
Surpluses will be returned to borrower via check if loan is current
Existing accounts are analyzed on an annual basis – timing varies by state as referenced in the map below

How to lower payment without paying shortage?

Find more affordable insurance (Previous policy’s refund will need to be applied back to the escrow account)
Contact taxing authority to see if you qualify for an exemption (Provide evidence of change to AMS)

Questions or need assistance?

Call Customer Service at 800-467-5430, Option 1, Mon-Fri: 8:30 AM-5:00 PM EST