You can request to set up an escrow account to pay both taxes and insurance, or only taxes or only insurance. To request an escrow account, email us at CustomerCare@MortgageFamily.com with a copy of your current annual insurance premium notice and/or tax statements. Please specify in your email if you would like to set up escrow for only taxes, insurance, or both. This will help us review your request appropriately. Next Steps: When we receive your request, we...
READ MOREThe Form 1099 may be income received related to your mortgage, debt which was discharged, or another event reportable to the IRS which took place during the year. There are several different types of 1099 forms, but you will only receive a form applicable to you. Form 1099-A is typically provided in the event of foreclosure, deed-in-lieu of foreclosure, etc. during the tax year. The IRS requires a Form 1099-A when we (1) acquire an interest in a property securing the loan or (2)...
READ MORELearn about forbearance plans available to borrowers experiencing a temporary hardship.
READ MOREWhen securing the right mortgage or loan for your home, the choices can seem overwhelming, so understanding your options is key to making an informed decision.
READ MOREAre you looking to reduce your monthly mortgage payments or save money on interest? We understand that finding the right mortgage is crucial, and we're here to help you explore your options for a lower rate.Discover the potential savings a better mortgage rate can offer. Even a small reduction in your interest rate can lead to significant long-term savings and free up your monthly budget.
READ MOREIf you rent your home now and are considering buying, determine if it makes financial sense with our rent vs. buy calculator. Enter in details about your current monthly rent and the home you’d like to buy and find out which option makes sense for you.
READ MOREUnderstanding the Home Buying ProcessBuying a home is a significant investment. Here's a breakdown of the key steps:Pre-Approval: Get pre-approved for a mortgage to determine your budget.Find an Agent: Determine who will help you locate properties and navigate offers and negotiations through closing.Home Search: Find your dream home using online listings, real estate agents, or open houses.Making an Offer: Submit an offer on a property you like.Negotiation: Discuss terms and conditions...
READ MOREYou may make an escrow deposit of any amount by mail. If your account is current, you can also make an escrow deposit through our pay by phone service or on our website. Fees may apply when making an escrow deposit by phone. To pay online, log on to your account and click the Payment button at the top of the screen. If you are sending an escrow deposit by mail, make sure to write the account number on the check and write “Escrow Application" on the memo line. Send the...
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