Escrow Account

What is it? The account in which a mortgage servicer holds the borrowers escrow payments prior to paying property expenses. See escrow.

Added By: Madison

Send To Friends!

If you'd like to send the Escrow Account definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Escrow Account. If you need any more information on this term, please don't hesitate to contact us.