Skip to Content
Close Icon
Online Banking

home mortgage

Everything about Escrow

What is a Mortgage Escrow Account?

Posted On: March 7, 2023 by Home State Bank in: Home Mortgage

You’ve likely heard of an escrow account, especially if you have a home mortgage. But if you don’t have a home mortgage, or you don’t quite fully understand your current escrow, we’ve put together the following to help you better understand the ins and outs of it.

What is a mortgage escrow account?

When you own a home, you're responsible for additional home-related expenses like property taxes and insurance. Escrow accounts help you plan...

Read More

Tags: escrow, escrow account, home mortgage, mortgage escrow

Whos Who_Home Mortgage

Who’s Who in the Mortgage Process (Part 1)

Posted On: November 22, 2022 by Home State Bank in: Home Mortgage

Want to buy a home, but have no idea Who’s Who in the Mortgage Process? Don’t fret. A lot of people are in the same boat as you!

Let’s start with the basics.

Houses are expensive and unless you have an abundance of cash, you’re going to need a bank and a Mortgage Loan Officer. Sometimes referred to as the acronym MLO, a mortgage loan officer represents the bank and their loan programs. You’ll talk with them and share enough information...

Read More

Tags: home mortgage, home mortgage process, mortgage loan officer, mortgage specialist