 Tammy Zurfluh Mortgage Planner Vice President Office: (815) 986-7108 First Time Home Buyer? How much home can you afford? Need a Bridge Loan? Need a Construction Loan? What items will be needed for the Application? |
 Back to Frequently Asked Questions What is an escrow account? An escrow account is held by the lender for the future payments on recurring items relating to the mortgaged property, such as real estate taxes and insurance premiums. This account is typically established at the time of closing. Blackhawk Bank usually requires customers to pay an initial amount for each of those items to start the escrow account. |
