Ask a Jumbo Genius – Tax Escrow
Do I have to escrow taxes and insurance on a Jumbo Loan?
No. If you have a 20% or more down payment, you can waive the escrow for both taxes and insurance, or just one of the two. For a custom rate and payment amount with and without escrowed taxes and insurance, contact a Jumbo Genius below or call 708-531-8388.