Refinance guide escrow waiver on refinance should you keep it

Refinance guide escrow waiver on refinance should you keep it

Escrow waiver on a refinance — should you keep it? When you refinance your mortgage, one decision you’ll likely face is whether to keep the lender-managed escrow account for property taxes and homeowners insurance, or to “waive” it and pay those bills yourself. This article explains what an escrow waiver is, when it makes sense,…