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Escrow Home Owner’s Insurance With Mortgage?

Keri35

Registered Member
Did you put your taxes and home owners insurance into escrow within your mortgage? I like the idea of only paying one bill instead of two each month. Are there disadvantages to doing this?
 

Mirage

Secret Agent
Staff member
V.I.P.
I did this. It is easier to pays combined bill each month. I am not aware of any disadvantages. In fact, many lenders require this because they want to make sure you have insurance at all times since they technically own the house until your mortgage is paid off.
 
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