Escrow Disbursement Option

Available on certain loan products, the escrow disbursement option - direct to your municipality - provides greater peace of mind knowing your real estate tax payment is securely delivered and made by December 31 with a one-time lump sum payment.

The entire tax bill amount will be disbursed, regardless of what is in the escrow account. This may result in the escrow being overdrawn and an increase of the monthly payment after the annual escrow analysis is completed.

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