
March 2025
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Understanding Escrow: Why Your Mortgage Payment Went Up
Your mortgage payment may have increased due to rising property taxes and insurance costs, which are paid through your escrow account. Even with a fixed-rate mortgage, these expenses can change, affecting your monthly payment. Stay informed by reviewing your escrow statement, checking your property tax bill, and exploring insurance options to keep costs manageable.
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A Quick Guide to Financing a Home with Servion
Preparing to buy a home? Our quick guide walks you through ten essential steps to get financially ready for a mortgage. From budgeting and credit-building to exploring loan options, Servion is here to help you navigate the process with confidence. Read more to set yourself up for success!
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