Mortgage Escrow Explained - How does your escrow account work? Should you escrow at all? This video explains it.

My name is Emmett Dempsey, and I am a Mortgage Broker and owner of Treasure Coast Mortgage, LLC in Port Saint Lucie, Florida. This channel is about financial education related to mortgage loans to help teach families how to buy a house in any housing market and build wealth with real estate.

I talk about mortgage rates and discuss general finance and real estate market news that moves interest rates that can affect you when buying a house. I help to show the home loan process so that any first time home buyer or experienced home buyer can learn more about purchase and refinance mortgages.

Whether you are moving to Florida or any other state, I love helping families with their home loan needs.

I would love to help you buy or refinance a home. Need a mortgage or want to talk more about your family’s goals?

Use these steps to contact me:

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Emmett Dempsey, Mortgage Broker/Owner NMLS 208522
Treasure Coast Mortgage, LLC NMLS 1958997
Company Address - 584 NW University Blvd, Suite 711 Port Saint Lucie, FL 34986
Equal Housing Opportunity - For licensing go to www.nmlsconsumeraccess.org

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CHAPTERS IN THIS VIDEO!
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0:00 - Intro
0:11 - What is An Escrow Account?
1:07 - How Is An Escrow Account Created?
2:13 - Escrow Setup - Purchase
3:05 - Escrow Setup - Refinance (Example)
4:57 - Pros and Cons of Escrow

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