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How do I read my Escrow Analysis?

Page 1

The first page of the Escrow Analysis provides the projections for the coming year effective September to August.

Escrow analysis activity

 This paragraph will let you know if you have a shortage or a surplus.

Escrow balance shortage message

Your new monthly payment which includes the adjusted property tax and Insurance payments along with the shortage if it applies.

New monthly mortgage payment amount

Page 2

This page compares the projected payments to the actual payments.

Escrow balance projected vs. actual

For this example, the main reason for the escrow shortage is because of the increased Insurance premium.

If you would like to pay your shortage listed on page 1, complete the form below no later than 2 weeks prior to the September 1st payment.