I hate escrow. I don't use it. I had it for ~1 year with my first home. They

Jun 14, 2019
4:48:28pm

BertoChavez All-American

"withheld" WAAAAYYY too much. When I realized what the refund would be for the first year (and only 1% interest), I started paying things myself.

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BertoChavez

New username: Pedant
Bio page: BertoChavez
Joined: Feb 1, 2012
Last login: Jan 15, 2020
Total posts: 0 (0 FO)

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Messages

Author

Time

Does anyone use automatic bill pay for their mortgage that is initiated from

BertoChavez

6/14/19 4:20pm

sure. once set up it happens via computer so very reliable. what I want to know

claw

6/14/19 4:22pm

Cenlar is the absolute worst. I've had them for a year now and they've been

Dangerous

6/14/19 4:26pm

Yeah, thats the danger in working with a mortgage initiator who will sell the mortgage within the first

chago04

6/14/19 4:28pm

Wow that mortgage lender was dumb.

ryebrye

6/14/19 4:30pm

Mine was through citi mortgage for about 2 and a half years.

BertoChavez

6/14/19 4:31pm

There website is awful and it took me calling them about ten times and

Dangerous

6/14/19 4:35pm

The biggest pain is you have to update it every year as the escrow amount

johnnybyu

6/14/19 4:37pm

I hate escrow. I don't use it. I had it for ~1 year with my first home. They

BertoChavez

6/14/19 4:48pm

that being said, mine is an ARM. So I'd have to adjust the amount yearly startin

BertoChavez

6/14/19 4:50pm

Have the same issue. Same company

byu1

6/14/19 4:40pm

I paid my rent that way for a while with Chase

KingDave

6/14/19 4:41pm

I think it depends on the recipient. If the recipient isn't in the system they

BertoChavez

6/14/19 4:47pm

I pay three different mortgages with Chase Auto-Pay and have never had a problem

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