Re:Asking rents in San Francisco continue to slip, but…
by OldHand2018 on Monday April 26, 2021 @09:22PM
(#26950626)
From the lender point of view, property tax escrow is slightly less risky than leaving it up to the borrower.
If you work with a mortgage broker and get quotes, ask for the rates with and without escrow. It’s pretty common that there is a slight reduction in rate if you include escrow.
If you work with a mortgage broker and get quotes, ask for the rates with and without escrow. It’s pretty common that there is a slight reduction in rate if you include escrow.