Escrow Waiver
An escrow waiver lets a qualified borrower pay property taxes and insurance directly instead of through a lender-managed escrow account.
What Escrow Waiver means
Lenders may allow it at lower LTVs, sometimes for a small fee or slightly higher rate. The borrower then takes responsibility for paying those bills on time.
Florida example
A Florida borrower with 25% equity requests an escrow waiver to manage their own tax and insurance payments, accepting the discipline required to set aside those large annual bills themselves.
What it is
An escrow waiver lets you pay your own property taxes and insurance instead of through the lender. You handle those bills yourself.
Lenders may allow it with enough equity and strong credit.
Weighing it
A waiver gives you control but requires discipline to save for big bills. Many buyers prefer escrow for simplicity.
We explain both paths clearly. Reach out and we will help you choose the right one.
Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.