- Nov 29, 1999
- 16,408
- 57
- 91
If your mortgage holder keeps an escrow account for your Ins/Taxes, can you simply ask them to stop collecting it and choose to pay it manually?
I can't help but to think that having that couple of thousands of $$$ I'm paying for them to hold onto for 12 months would do slightly better in my ING account, as long as I have it auto-deposited from my paycheck each period.
Is there any reason why they wouldn't let you do this? Do I just call them up and ask and they'll send me the remaining balance?